Serving your political constituents by serving your own political interests
As readers may have noticed, I'm much of a one for the panto morality in which political leaders are urged to be 'leaders' at the...
Another immortal game spotted
Kasparov v Anand 1990. No prizes for guessing who won. And while I'm about it, here's how to get yourself into the mother of all...
CEO’s incentive pay: it doesn’t work in practice, now it doesn’t work in theory
Why am I not surprised? An interesting new article in the Nov 2010 QJE Stock-Based Compensation and CEO (Dis)Incentives Efraim Benmelech, Eugene Kandel, Pietro Veronesi...
The blockheadedness of court procedure in solving simple disputes
From the conclusion of huge survey of courts around the world. We present an analysis of legal procedures triggered by re- solving two speci?c disputes—the...
Virulent memes and disciplinary linkbait: A Christmas post
Meet Joel Waldfogel. Joel published a now much quoted article on the deadweight loss of gift giving, the basic idea being that if I buy you...
Government’s anchor offices
The other day I bought a hat. I had been intending to buy a hat for a while, but I bought this one because I...
Why top students don’t want to teach
From McKinsey's. It would be similar here presumably.