Categories:
Politics and Economics
Alex Tabarrok has just written the perfect blog post. Don’t miss it.
P.S. Here’s my only post that’s arguably in the same league.
Alex Tabarrok has just written the perfect blog post. Don’t miss it.
P.S. Here’s my only post that’s arguably in the same league.
Jun 11 2008
Tyler Cowen writes, most people support their countries to a highly irrational degree in most international questions or disputes. This is part of a long counterpoint to Dani Rodrik on why people oppose free trade. One way to view the Rodrik-Cowen dispute is from the perspective of Jonathan Haidt's "five-factor m...
Jun 11 2008
From Robert Gordon's "Everyday Life As An Intelligence Test":Even defense attorney Alan Dershowitz was guilty of faulty probability reasoning when he correctly pointed out that fewer than 1 in 1000 wives who are abused by their spouses, as Mrs. Simpson had been, are later killed by them... A mathematician replied to De...
Jun 10 2008
Alex Tabarrok has just written the perfect blog post. Don't miss it. P.S. Here's my only post that's arguably in the same league.
READER COMMENTS
Kurbla
Jun 10 2008 at 6:11pm
From the fact that employees had $37000/year, which is kinda twice more than average salary in that business and the fact than it appears that nobody actually tried to bring these salaries to more realistic amounts, it is almost certainly the case of the “planned inefficiency” which is frequently used as a justification for privatization. Basically, the case of stealing public money.
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