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Category Archives: Law
Starfleet mafia?
Although we haven’t seen the new Star Trek movie yet (Star Trek Beyond), in today’s post we want to pose the following question about the fictional world of Star Trek: who pays for Starfleet? According to Wikipedia, “Starfleet is a … Continue reading
Posted in Economics, Law, Science Fiction
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Markets, the regulation of data, and the future of low-wage work
Companies like Google, Facebook, and Uber have created new markets and improved our lives by reducing search costs, but at the same time, these firms collect massive amounts of data from their users. Who owns this data, and what legal … Continue reading
Posted in Economics, Law, Web/Tech
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What is the optimal length of a copyright?
Copyright is a property right in favor of creators of original works. According to the map below, all countries protect a creator’s copyright to his or her original work for the duration of the creator’s life, but how long should … Continue reading
Posted in Economics, Law, Maps
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Asymmetrical warfare (Baton Rouge, July 2016)
Today's offering from me on #blacklivesmatter in #BatonRouge #LeshiaEvans for @BBCNews https://t.co/KqstsLC9mp pic.twitter.com/gxDMI0Jd6I — Kerry Alexandra (@KerryAlexandra) July 11, 2016
Posted in Current Affairs, Justice, Law
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Censorship in Florida (FBI/Orlando police edition)
Hey, what are the FBI and the Orlando police trying to hide from the public in connection with the massacre at Pulse nightclub last month? The police’s slow response to the Pulse shootings (it took the police over three hours … Continue reading
Posted in Bayesian Reasoning, Current Affairs, Deception, Law, Politics
5 Comments
Cars are far more dangerous than AR-15s
We understand all the fuss over “gun control,” especially after the recent tragic events in our home city Orlando, Florida, but statistically speaking, my fellow Floridians should worry more about pedestrian safety and the level of texting and driving on … Continue reading
Posted in Bayesian Reasoning, Economics, Law
10 Comments
Price effects, virtue effects, and the law
Richard Craswell, a law professor at Stanford, once posed the following question in his paper titled “Promises and Prices”: why do economists and philosophers who study law differ so greatly in the relevance they assign to price effects. Here is … Continue reading
Posted in Bayesian Reasoning, Ethics, Law, Probability
2 Comments
Brexit odds
As a public service, let’s translate these betting odds into plain English. If a bettor wagers £10 that a majority of voters in Britain will vote to leave the European Union (“leave”), odds of 6/1 implies that the bettor stands to make … Continue reading
Posted in Bayesian Reasoning, Current Affairs, Economics, Law, Politics, Probability
3 Comments
Homicide data by weapon
Let’s ban knives, too? There’s no need for a complicated regression analysis, via Alex Tabarrok (Marginal Revolution), here are the raw data for 2014:
Posted in Bayesian Reasoning, Deception, Law
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prior probability 