Raleigh is #3. (We're starting to get the traffic commensurate with such a ranking.)
In case you've missed it "the fallacy of the hot hand" now appears to be itself a fallacy.
I assume this means that half is right. And in my opinion that's unexpectedly good for the federal government.
Deirdre McCloskey, singing the same song she's been singing for a long while now. But it's a good song.
The formula for an economy to get rich nowadays is as easy as H2O.
It is: Follow China and India. Containing four out of every ten humans, the two gradually gave up on central planning, China after 1978, India after 1991
A piece on the astonishing complexity of modern supply chains.
Steven Greenhut presents a gem of an example.
This story is a reminder of how government “works.” It has many well-paid employees. (Los Angeles County fire captains and battalion chiefs can earn total compensation packages that top $600,000 a year. The median county and city firefighter compensation in California is just under $200,000 a year.) It has no “customers.” It is adept at handing out notices and fines, but has no incentive to properly manage its budgets or property. It rewards bureaucracy and inaction. The only way to get it to do anything constructive is to apply pressure from politicians.
Especially important for those who think social science is the runaway winner for bitter disagreements.
What's kinda surprising is the intense name-calling and ad hominem attacks. But I have a theory about that which is probably not original but I don't remember where I saw it. Suppose someone says something to you that is obviously wrong. Say someone tells you "2 + 2 = 19". Do you get angry? Do you want to verbally abuse the person? I think not. I think you explain, calmly and simply, why that's wrong. If the person repeats the statement, maybe you try to explain, again calmly, a different way why that's wrong. If the person persists in claiming 2 + 2 = 19 you just shrug and walk away. The person is either trolling you or is crazy, but you don't get angry.
Now suppose someone makes a statement that you think is clearly wrong but not obviously so. But you think that demonstrating convincingly the statement is wrong will take more time, energy, and care than you're willing to devote. (And you may suspect that even if you took the time and care, you would not be able to prove your case 100%.) That's what prompts the anger, even the furious name-calling.
And I think that's also what accounts for a lot of the fury in our current politics.
"Fastest" meaning "one-year change in per capita incomes in U.S. metro areas ". Four of the top ten are in Indiana. Coincidence, regression to the mean, Republican governors recently, or other things?
Bad could very likely soon get worse.
Maddog of "Maddog's Lair" explained ("Mansplains"? Gasp!) to Emily Badger of the Washington Post why house prices in San Francisco are so high.
Nine words plus a heck of a list. I'm glad I don't live there.
"Wayne Rooney fired back at his fiercest critics with this glorious 'quarterback' pass that led to an incredible last-minute winner"
One heck of a play for an "old" guy.
The Internet definitely answers one of the big questions.
I like Diana T. and Maya Moore more, but Breanna has 4 NCAA Finals MVPs in the bank and she is just at the beginning of her pro career. She could well end up being better than either.
The large array of styles is impressive. U-S-A! U-S-A!
Pizza-related: "Tiny pizza box tables finally get matching tiny chairs".
Wicked Wilson Pickett in concert.
The Onion, of course.
"Still super-hip (and all lip) at 66, The Pretenders’ Chrissie Hynde tells Event why she swears at fans, enrages sex abuse victims . . . and has swapped the wild life for walks in the park"
This year, she says with mild astonishment, is the band’s 40th anniversary. ‘The Beatles only made records for ten years, Van Gogh only painted for ten years – not that I’m comparing myself to those guys, but 40 years is amazing. No one really thought this was going to last that long.
‘My friend John McEnroe will back me on this. Sports people have to stay in shape all the time, but rock musicians are the least in-shape members of the human race. We do everything possible to be out of shape. And we’re still doing it when we’re 70. I mean, define irony.’
I've heard a Social Justice Warrior or two use Tikkun Olam as justification for their views. Apparently, they've got the idea really wrong.
Supposedly, Japanese people don't mind waiting in lines. Proposed meme: Washington DC is "Tokyo on the Potomac".
Kinda cool practical problem with time travel that I hadn't seen before.
By Bryan Caplan. Needless to say, I support this view.
Arnold Kling adds:
I think that it ought to be more socially desirable to work in business than to work in the non-profit sector or in government. It’s too bad that it seems to be the other way around.
Primarily because I am one, I object strenuously to classification as an old white man. (See here for my recent complaint.) But I reserve a particle of admiration for the the clever recasting of this class as "pale, male, and stale". Here's a recent example usage. Here's a bit of history. And here's the phrase's Google Trend, indicating what I'm not sure of.
Interesting review of the Tesla Model 3. The author writes that he leaves "the critique of the Model 3’s driving performance and build quality to others". He then writes that the Model 3 is essentially a smartphone with wheels, so he reviews it--both the good and the bad--as such.
I never knew there are restaurants in New York City named after the late, great economist.
Friedmans was named after the famous economist Milton Friedman who popularized the phrase, “there ain’t no such thing as a free lunch”. This phrase has gone on to be used in science, economics, finance, statistics, technology, sports, & now food. However, to put it simply, “to get one thing we like, we usually have to give up another thing we like.”
Link via Economics Job Market Rumors.
One time my wife asked me "What's up with all these Mattress Firm stores? It seems like there's one every couple of blocks." Well, it definitely wasn't business as usual.