Saturday, August 13, 2011

Recommended reading

  • Dog bites man: construction of California's high-speed choo-choo is already over budget.
  • Interesting stats: George Will says that the UK welfare state results in an "unemployed single mother with two children [having] more disposable income than a postal worker" while The Economist reports that "open-heart surgery that would set you back $100,000 in America costs only about $10,000 in Penang." Inefficiency anyone?
  • Alex Tabarrok notes some interesting, yet unsurprising, findings about lottery winners and bankruptcy. It's almost as though one's financial situation is more a product of behavior/decision-making rather than random luck. 
  • Chris Edwards proposes a new approach towards unemployment benefits.

No comments: