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More evidence of irrationality?
Is it really worth waiting in a long line for a ride that will last only a few minutes?
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First World Packaging
Hat tip: neglected_martian (via reddit).
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Hypothetical theft-deterrence devices
Hat tip: obviousplant (via reddit).
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Why did the N.Y. Times drop Joe Sharkey’s travel column?
According to this report by the excellent Jim Romenesko, it’s because some evil hack at the New York Times decided to slash the paper’s already paltry budget for freelance writers. Although Sharkey’s column had been published every Tuesday in the business section of … Continue reading
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Coase theorem primer (police shooting video edition)
Broadly speaking, the so-called Coase theorem states that when bargaining is feasible (i.e. when transaction costs are low), bargaining among parties with conflicts of interest will produce an efficient economic outcome regardless of the initial allocation of property rights. English economist … Continue reading
A 2016 fable (“Hillary Rodham and the seven dwarfs” edition)
Who you got? (Not pictured: the seventh dwarf–Ted “Grumpy” Cruz.)
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Is a Snickers candy bar tax deductible?
In a word, no. What if you ate the candy bar during work hours while you were working? The answer is still no. The larger question is this: are snacks ever deductible? And do you prefer a simple “bright-line rule” or … Continue reading
