3min chapter

People I (Mostly) Admire cover image

94. The Price of Doing Business with John List

People I (Mostly) Admire

CHAPTER

Why Didn't We Use Randomized Experiments?

The great thinkers in economics have lamented that if you want to do experimentation, you should choose another practice. But randomized experiments didn't become commonplace until the early 20th century. "I think this is the missing link about why economists didn't go after using experimentation earlier," he says.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode