Liszt once served as chief economist for private firms like uber. He says the firm hired him because he instilled economics around every part of the company. Liszt: "To take a start-up, which is basically zero, and to take em to 66 billion dollars in seven years or so"
In a new book called The Voltage Effect, the economist John List — who has already revolutionized how his profession does research — is trying to start a scaling revolution. In this installment of the Freakonomics Radio Book Club, List teaches us how to avoid false positives, how to know whether a given success is due to the chef or the ingredients, and how to practice “optimal quitting.”