7 Posts Tagged "Ground rules"

What economics has to say about saving the world. A whole lot.
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Five years ago, top Harvard College graduates flooded Wall Street. They were small cogs in a race-car engine, except the car was speeding over a cliff. It’s no wonder that today’s graduates are reconsidering their career choices. They should start with economics. ...
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Occupy email

Posted on November 18th 2011 | 0 comments
The average time taken to respond to an email is greater, in aggregate, than the time it took to create. Email is too cheap to send. That, in a nutshell, is why we are all drowning in it. It costs you nothing to add one more person as a recipient. ...
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Cold, Hard Economics

Posted on November 10th 2011 | 0 comments
We can’t solve global warming because I fucking changed lightbulbs in my house. It’s because of something collective. That quote, by the way, is courtesy of Barack Obama. More in my
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Rational to a fault

Posted on November 1st 2011 | 0 comments
Here’s the classic economic view of your car-purchasing behavior: You walk into a dealership, choose a car based on brand, color, cylinders, looks and general feel and then start comparing prices among different options. And you don’t just look at how much you pay to ...
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It’s amazing that this is even news, but here goes: A new study commissioned in the wake of “Climategate” that wasn’t confirmed that, yes, the globe is indeed warming, and that the vast majority of climate s ...
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A second-best world

Posted on October 21st 2011 | 0 comments
We don’t live in a perfect world. When gas taxes are out and all we have are fuel economy standards, that’s a second-best solution to tackling emissions from driving. When carbon taxes are out and all we have is political hot air, that’s far from first-best, too. ...
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