
Taxonomy of Sherlock Holmes’s Clients

Consumer Surplus (“Print Wikipedia” Art Project Edition)
How much would it cost you to procure a complete set of English-language Wikipedia articles in book form? An art gallery in New York City is sponsoring an exhibition titled From Aaaaa! to ZZZap!, featuring work from the Print Wikipedia series by Michael Mandiberg. The Wikipedia exhibit, however, doesn’t actually feature a complete, physical copy of Wikipedia. Instead, according to the gallery’s description of the work, it “draws attention to the sheer size of the encyclopedia’s content and the impossibility of rendering Wikipedia as a material object in fixed form.” (Notice that the word “impossibility” in the previous sentence is really a substitute for “costly.”) But, in theory, how much would a complete copy of Wikipedia cost you? Below the fold is an excerpt by James Vincent, writing for The Verge: Continue reading
Bandanas in the Courtroom
Anna M. Phillips, a writer for the Tampa Bay Times (warning: the Tampa Bay Times website at the previous link has an annoying video ad that starts automatically when you click on the link), is reporting that a county judge will allow former professional wrestler “Hulk Hogan” to sport a bandana in the courtroom during his invasion-of-privacy trial against the website Gawker, which is scheduled to go to trial next week. In addition, the judge ruled that the Hulkster must be called by his geeky real name, Terry Gene Bollea, during the trial proceedings: Continue reading
Incentives Matter (Tom Brady Edition)
Roger Goodell, the unpopular Commissioner of the NFL, recently heard Tom Brady’s appeal in the now-infamous “Deflategate” or “Ballghazi” case. As things stand now, the Commissioner has only two options: (i) reduce Tom Brady’s four-game suspension, or (ii) do nothing (let Brady’s four-game suspension stand as is). Why doesn’t Mr Goodell have a third option: (iii) increase Brady’s suspension by n number of games? If this third option were available in pro sports, maybe fewer players would appeal their suspensions. As things stand now, there is no downside to a player appealing an adverse decision by his sports league …
Probability Calculator (“Grexit” Edition)

Deadweight Losses (Voicemail Edition)

“Wonder Bree”
Let’s get real … The stars & bars are no more inclusive than ISIS’s black flag is.
Credit for “Wonder Bree”: Rebecca Cohen (via tumblr).





