Random Musing

Money and Happiness

via Dani Rodrik In economics we think that happiness increases with lifetime wealth, albeit at a decreasing rate. But recent research on happiness fails to show a steep gradient between incomes and self-reported life satisfaction. But this work has typically focused on rich countries. In a recent paper, Angus Deaton uses Gallup poll data for […]

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Technology

Researchers say EEs have a ‘terrorist mindset’?

I respect academic freedom but once in a while, a paper got through that makes you think “WTF!?” The sociology paper published last November, which has been making rounds over the Internet and was recently picked up by The Atlantic, uses illustrative statistics and qualitative data to conclude that there is a strong relationship between […]

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Investments

The $1.4 Trillion Question

Americans sometimes debate (though not often) whether in principle it is good to rely so heavily on money controlled by a foreign government. The debate has never been more relevant, because America has never before been so deeply in debt to one country. Meanwhile, the Chinese are having a debate of their own-about whether the […]

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