You are currently browsing the daily archive for November 1st, 2009.

I would claim to be too big to fail.

 

November 2009
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RSS I Read & Enjoyed…

  • Detroit fact of the day markets in everything November 25, 2009
    Here's all you need to know about the real estate market in Michigan: The 80,000-seat enclosed Silverdome, built for $55.7 million in 1975 to house the Detroit Lions, has sold for $583,000.And you thought your home had lost its value during this recession.Think about it this way: $583,000 will get you a decent, but not terrific, house in a nice neighbor […]
    Tyler Cowen
  • Caplan on Education November 10, 2009
    How much does increasing college-going rates matter to our economy and society? Caplan: College attendance, in my view, is usually a drain on our economy and society. Encouraging talented people to spend many years in wasteful status contests deprives the economy of millions of man-years of output. If this were really an "investment," of course, it […]
    Alex Tabarrok
  • Dolphin markets in everything, Gresham's Law edition November 4, 2009
    I enjoyed this story: Kelly has taken this task one step further. When people drop paper into the water she hides it under a rock at the bottom of the pool. The next time a trainer passes, she goes down to the rock and tears off a piece of paper to give to the trainer. After a fish reward, she goes back down, tears off another piece of paper, gets another fi […]
    Tyler Cowen
  • How to improve basketball October 29, 2009
    Tim Miano writes to me: I am a longtime MR reader. I have a hypothesis about how basketball could be much more exciting, and I can't for the life of me figure out why people who are into sports haven't widely considered it (as least as far as I know).Here is my simple thought: games should be played as best 4 out of 7 periods -- perhaps 7 minutes e […]
    Tyler Cowen
  • The coin toss: not 50-50 after all October 25, 2009
    Using a high-speed camera that photographed people flipping coins, the three researchers determined that a coin is more likely to land facing the same side on which it started. If tails is facing up when the coin is perched on your thumb, it is more likely to land tails up. How much more likely? At least 51 percent of the time, the researchers claim, and pos […]
    Chris Blattman
  • Motorcycle helmet externality of the day October 13, 2009
    Our estimates imply that every death of a helmetless motorcyclist prevents or delays as many as 0.33 deaths among individuals on organ transplant waiting lists. Here is the paper and I thank Brent Wheeler for the pointer.  So should we mandate or tax the use of such helmets?
    Tyler Cowen
  • Sobering Reality September 28, 2009
    From Bill Easterly's, Can the West Save Africa.Hat tip to for the link and table to Hit and Run.
    Alex Tabarrok
  • The McFarthest spot September 27, 2009
    Strange Maps reports:Somewhere in South Dakota is the McFarthest Spot, the place in the US geographically most removed from the nearest McD’s...If you started out from this location, a few miles north of State Highway 20 (which runs latitudinally between Highways 73 in the west and 65 in the east), you’d have to drive 145 miles to get your Big Mac (if you co […]
    Tyler Cowen