economics

Giving
Life

Charities should keep Sterling’s money

A week ago, it got out that an 80-year-old white guy made some racist comments. Considering that such an even was unprecedented in American history, the Internet blew up and the People called for blood. A few days later, LA Clippers owner Donald Sterling was banned for life from the NBA and fined $2.5 million. […]

"The movie, however, was riveting!" โ€“ image courtesy sludgegulper @ flickr
Literature

Books: The Movie

A recent post on the Goodreads Blog explored the question of whether stories in books are better than their adapted movies, noting that half of this year’s Academy Award Best Picture nominees were based on books. The good folks at Goodreads tried to get an objective view by comparing a set of books’ average ratings

Image courtesy gbaku @ flickr
Literature

Television, time-shifting, subscriptions and myth-arcs

Tim Harford, the self-proclaimed “Undercover Economist,” wrote an interesting column the other day at Financial Times about how television broadcasting has changed through technology. Harford’s post, partly inspired from a talk given by University of Toronto economics professor Joshua Gans, claims that television programming has evolved primarily because of two technologies developed over the last

Money caduceus
Life

An earnest question about interstate health insurance

As the Supreme Court gears up to hear oral arguments about the Patient Protection and Affordable Care Act (PPACA) โ€“ pejoratively referred to by some as “Obamacare” โ€“ I’ve been reading up various commentaries and blog posts about the potential constitutionality. For example, NPR has a good, uncharged guide to the questions involved. However, my favorite

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