Monthly Archives: June 2013

Culture Matters: I Don’t Know What To Make Of Rachel Jeantel

From Salon:  The smearing of Rachel Jeantel From GlobalGrind:  Why Black People Understand Rachel Jeantel by Christina Coleman From The Christian Science Monitor:  Trayvon Martin case: How Rachel Jeantel went from star witness to ‘train wreck’  Witness for the prosecution … Continue reading

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Arms Race: Technologically Enhanced Citizens Vs. Government Control

From Reddit:  Protesters pointing lasers at a military helicopter flying above Cairo and Egyptian protestors direct laser lights on a military helicopter flying over the presidential palace in Cairo.  Don’t come around here no more The battle between oppressive governments and their … Continue reading

Posted in Culture Matters, Technology | Tagged , , , | 1 Comment

Lots Of Follow Up Items

Follow up to The Boy Scouts’ Brewing Public Relations Disaster From the NYT:  Boy Scouts End Longtime Ban on Openly Gay Youths Gay youth can now participate in the Scouts, but not gay adult leaders.  They still need to work … Continue reading

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Company Sells Pork-Laced Bullets To Fight Islamic Terrorists

From CBS Seattle:  Company Sells Pork-Laced Bullets To Fight Islamic Terrorists From The Huffington Post: Jihawg Ammo: Pork-laced Bullets Designed To Send Muslims Straight ‘To Hell’ “Made in the U.S.A. for your protection against hate.” Never before has the phrase … Continue reading

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New York City Sets Rents By Political Process. It Goes Badly.

From the NYT:  Rent Board Approves Higher Increases Than in ’12 No free market here, please (Previous posts on rent control here and here.) New York City’s nine-member Rent Guidelines Board annually sets the maximum rent increases permitted for some one million apartments.  The … Continue reading

Posted in Economics, Geography, Housing, Rent Control | Tagged , , , | 1 Comment

Learning About The Federal Reserve From The Monopoly Board Game

 Just ask Ben Bernanke

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More On Theme Park Line-Cutting

From the NYT:  At Theme Parks, a V.I.P. Ticket to Ride  Say hello to the 99% (Follow up from previous post on the selling of theme park line-cutting) The Universal Studios theme park now offers a $299 V.I.P. Pass with this promise:  “Your … Continue reading

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How The 1% Get Paid

From the NYT:  N.Y.U. Gives Its Stars Loans for Summer Homes Question:  John Sexton, President of the non-profit New York University, for whom faculties of five of its schools voted “no confidence” this year, is compensated by which of the … Continue reading

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Highest-Paid Public Employees Per State

From Reddit:  What could possibly go wrong? (click image to expand) The “student-athletes” might not be paid, but their coaches certainly are If labor market price signals mean anything, then most states value the commercial interests of their state universities … Continue reading

Posted in Geography, Labor, Monopsony, Winner-Take-All Market | Tagged , , , , , , | 4 Comments

Nefarious Dealings In Nigeria

As discussed in the Economist magazine, oil related corruption in Nigeria is enabling a few people to extract billions of dollars from the world economy. Meanwhile most Nigerians remain very poor by global standards (desperately poor by the standards of … Continue reading

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