Thomas Paine on the Cost of Liberty
Powerful words from Thomas Paine, spoken September 11, 1777:
“Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it.”
Powerful words from Thomas Paine, spoken September 11, 1777:
“Those who expect to reap the blessings of freedom, must, like men, undergo the fatigues of supporting it.”
When New Jersey decided to hike its minimum wage by some 20 percent in 1991, David Card and Alan Krueger recognized a tremendous opportunity to test how the minimum wage affects employment.
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Based on today’s Duke Opinion Page, I’m beginning to wonder if I have too many opinions. Something my wife has been telling me for years! (Click here to view comments)

“I just finished reading your book You’re Stronger than You Think and felt compelled to write you. I found it tremendously enriching from both a personal and professional point of view.”
That was the opening sentence from a recent e-mail I received from a complete stranger. Truth be told, it is impossible to get too many e-mails like this!
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Matthew Herper and Erin Carlyle at Forbes magazine recently put together a wonderful picture, showing what kinds of diseases pharmaceutical companies are targeting now in developing new drugs. The bigger the bubble, the larger the number of drugs under development. Further to the right, the deadlier the disease. Makes for fascinating picture: Several things strike…
In recent posts, I’ve presented several interesting pictures of how arbitrary thresholds influence behavior. I showed how airplane pilots speed up flights to make on-time arrivals, but don’t speed up late flights that won’t make it on time. I’ve shown that the price of used cars changes when the mileage on the odometer passes arbitrary round…
Happy Thanksgiving to all my American friends, and a great week to the rest of you. I will not be blogging for a bit, because I’ll be vacationing in the Galapagos, with my favorite evolutionary biology books no doubt at my side.