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Ingmar Schumacher
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If you look at the data you see that the incarceration rate is highly correlated with all measures of inequality. E.g. US, Israel, Chile and Mexico are also highest ranked in terms of inequality. You guys should go more after your 1%...
Graphic of the Day: Incarceration rates
This graphic in the Washington Post is stunning:
And I thought it was only me who stumbles upon these `referees'! Where do the editors find them?
On a second note, it is also disappointing to see that some editors would rely on this kind of report.
Burn!
From Referee #2: Unfortunately, I find the exposition of the paper rather to be substantially weaker than I would expect for an article of this type at any journal .... I found several aspects of the process for how the survey questions were assigned or presented to respondents, and how the ana...
I also recall having heard that it was (is?) possible to buy fresh air in Tokyo and other places in Japan. One could choose between air from the Alps, the sea, etc... Given the air pollution in Beijing it does not surprise the least that the Chinese `caught wind' of this...
Daily Demand and Supply: Is air scarce?
When I teach the principles of economics, I usually start with some variation of the question: Can you name something that isn't scarce? Invariably someone answer 'air.' I usually dance around the issue by making some vague claim that while you may not think air is scarce, clean air is valua...
It's not (really) moral hazard since noone else takes the burden of this additional risk. It is simply optimal risk taking. Same thing has been shown with NY taxi drivers: those that were fitted with new brakes and tyres drove faster.
Helmets reduce the probability of head injuries, which is one of the main reasons for bicycle fatalities. So even if you take more risks i.e. are likely to have more accidents, a helmet should reduce your probability of dying overall. Thus, withdrawing helmet regulations seems strange.
Mind you, since you do not hurt anyone else whether you wear a helmet or not, it is questionable whether this should be regulated in the first place. Just like smoking, drinking, dangerous sports, etc...
Daily Demand and Supply: OK, not really, but it's still basic economics
Cycle helmets are promoted as a way of reducing injury if someone is knocked off their bike, but new research suggests they may be increasing the risk of accidents in the first place. Psychologists have discovered that people wearing cycle helmets tend to take more risks than they would if they ...
The fact that Donald Trump does not believe in climate change is a Republican position which I took up here: http://wp.me/p3yx1u-fS and http://wp.me/p3yx1u-br.
The fact that he also does believe that vaccination and autism are related shows that he is not up-to-date with the knowledge of everyone else in the world. Btw - one of the best graphics explaining how this whole controversy on vaccination and autism came about and the problems it caused is posted here: https://ingmarschumacher.files.wordpress.com/2015/09/vaccination.png.
Donald Trump is not at least inconsistent in his stupidity*
I know I used to have a policy against talking politics on this blog, but times change, I change, and if I can change, and you can change, everybody can change! Donald Trump doesn't believe the scientific consensus on climate change (it's just weather changes) and he doesn't believe the scientif...
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Sep 18, 2015
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