My guest today is Joseph Henrich, a professor at Harvard, and an expert on the evolution of human cooperation and culture. I am a big fan of his book, “The Secret of Our Success” and he just published a new one called the Weirdest People in the World about people who fall under ...
There is precedence for using federal land to build housing; most available land is in the West. Cut red tape. Reducing regulatory burden has bipartisan support, but most housing reform would need to be done at the local level to have an impact. Student loans Curb debt cancellation. Trump...
On the regulatory front, Trump has pledged to remove federal restrictions on fossil fuel production, eliminate red tape in housing construction and ease rules on cryptocurrencies, among other efforts. Investors expect such moves to drive up corporate profits and, in turn, stock prices. Imposing mass...
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[Economics, Economy] Apr 28, 2025 ~ 'Ending Disparate Impact Lawsuits Is a Victory for Equal Opportunity' This one is huge. For decades the anti-discrimination have been interpreted to require equal outcomes among racial and other groups. The 'disparate impact' interpretation claims that any ...
A cross trade is an investment strategy in which a single broker executes an order to buy and an order to sell the same security...
The linked paper, therefore, is either revolutionary in bringing to our attention how little traditional economics is applicable as it exposes the shocking frailty of US labor markets, or it is pure garbage. As I pointed out for a single red county, Berkshire County in Massachusetts, on the ...
Whatever airline cabin or star of hotel you’re traveling in, $#!T happens and loyalty done well is insurance that you come out as unscathed as humanly possible. You’re priority one when it hits the fan. You pick up the damn phone, right away. You waive whatever red tape is standing...
t be delivered. (There are those who manipulate such systems for their own evil ends, of course.) Sometimes good people don’t know how to effectively wrestle with the system, sometimes they don’t even know they’re tied up in red tape, or even if the...
“One of the key underlying issues of Argentina’s woes (is) the overvalued peso, which is eroding Argentina’s external competitiveness,” Kimberley Sperrfechter, emerging markets economist at consultancy Capital Economics, wrote in a recent note. A weaker peso would make the country’s exports...