Monday, October 31, 2022

Truth in Education: which majors go into which jobs?

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Research from Conlon & Patel showing that "many more students expect to attain their major’s stereotypical career than actually wo...
Friday, October 28, 2022

What happens when you reduce a wealth tax?

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  Evidence from Switzerland : ...1 percentage point drop in a canton's wealth tax rate raises reported taxable wealth by at least 43% ...
1 comment:
Thursday, October 27, 2022

zan, zindiqi, azadi (women, life, freedom)

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From The Economist : At the funeral women ripped off their headscarves. Police shot back with tear-gas, sparking protests that quickly sprea...

Evidence that Chinese are "running for the exits"

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To exit, they sell their renminbi to buy dollars, increasing the supply of yuan, driving down its price (in terms of dollars).  Note that th...

Bono mugged by reality

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MR Revolution reports : ...I thought that if we just redistributed resources, then we could solve every problem. I now know that’s not true...
Wednesday, October 26, 2022

Who won the PA senate debate last night?

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 Talk is cheap, lets ask a prediction market.

Time to run for the exits in China?

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The Financial Times reports that wealthy Chinese are trying to: “Now that ‘the chairman’ is firmly in place . . . I have already received ...
Tuesday, October 25, 2022

How likely is a Red Wave on Nov 8?

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Ask the prediction market that President Biden is trying to shut down. [The CFTC withdrew its "no-action" letter to PredictIt in A...

Why men pay to stay married

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Steven Landsburgh's classic article In the year following a divorce, women's living standards fall by 27 percent while men's li...
2 comments:
Monday, October 24, 2022

Book Review: Chaos Monkeys:

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  Chaos Monkeys ,  Obscene Fortune and Random Failure in Silicon Valley is an autobiography of a Physics PhD from Berkeley who: Went to Gol...