David Kestenbaum

David Kestenbaum appears in the following:

Ecuador To World: Pay Up To Save The Rainforest. World To Ecuador: Meh.

Monday, September 02, 2013

The government of Ecuador has abandoned a plan that would have kept part of the Amazonian rainforest off limits to oil drilling. The initiative was an unusual one: Ecuador was promising to keep the oil in the ground, but it wanted to be paid for doing so.

The oil sits ...


Cash, Cows And The Rise Of Nerd Philanthropy

Friday, August 23, 2013

For more of our reporting on this story, please see our recent column in the New York Times Magazine, and the latest episode of This American Life.

This morning, we reported on a charity called GiveDirectly that's trying to help poor people in the ...


The Charity That Just Gives Money To Poor People

Friday, August 23, 2013

There are no strings attached. People can spend the money on whatever they want, and they never have to pay it back.


Why Doesn't Everybody Buy Cheap, Generic Headache Medicine?

Friday, July 05, 2013

Why does anyone buy Bayer aspirin — or Tylenol, or Advil — when, almost always, there's a bottle of cheaper generic pills, with the same active ingredient, sitting right next to the brand-name pills?

Matthew Gentzkow, an economist at the University of Chicago's Booth school, recently tried to answer this ...


Economists Have A One-Page Solution To Climate Change

Friday, June 28, 2013

Climate change seems like this complicated problem with a million pieces. But Henry Jacoby, an economist at MIT's business school, says there's really just one thing you need to do to solve the problem: Tax carbon emissions.

"If you let the economists write the legislation," Jacoby says, "it could be ...


A Surprising Barrier To Clean Water: Human Nature

Thursday, June 20, 2013

In many parts of the developing world, drinking a glass of water can be deadly — especially for young children, who can die of diarrheal diseases contracted from dirty water.

So getting clean water to people in the developing world has been a top priority for aid groups for a ...


Who Hides Money Outside The Country?

Tuesday, May 14, 2013

Over the past decade, some 39,000 people have come forward voluntarily to tell the IRS about offshore money they haven't been paying taxes on. This group provides a small window into the world of people who are hiding money in offshore havens. (It's a world we've been trying to learn ...


Lady Gaga Writing A New Song Is Like A Factory Investing In A New Machine

Thursday, April 25, 2013

I spoke yesterday with Dan Sichel, a Wellesley economist and a Lady Gaga fan. Both of these facts are relevant for this story.

The U.S. government is about to tweak the way it measures the economy, and some of the biggest changes will affect the entertainment industry.

Under the current ...


When A Famous Hospital Didn't Want An Expensive New Drug

Thursday, March 28, 2013

Last year, a new drug called Zaltrap was approved as a kind of last-chance therapy for patients with colorectal cancer. Studies suggested Zaltrap worked almost exactly as well as an existing drug called Avastin. In fact, the main difference between the two drugs seemed to be the price.

"I was ...


Million Dollar Microsecond

Tuesday, February 05, 2013

Picture the scrum of the stock exchange: the flurry of buying and selling, the split-second decisions that make and break fortunes.

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Tuesday, February 05, 2013

The inhumanly fast world of high-speed trading, an excruciatingly slow experiment, and a physicist plays Zeus.

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Why A New York Cheese Buyer Hangs On The Euro's Fate

Monday, November 21, 2011

Most of the cheese at Murray's Cheese Shop comes from Europe. And the cheese buyer's bonus hinges on the future of the euro.

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