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Another Great Sentence from C. Mann in the Atlantic
ByadminI recently quoted a couple sentences from Mann’s provocative article on the energy industry. Here is another gem I thought I’d pass on: To ask utilities to take in large amounts of solar power–electricity generated by hundreds or thousands of small installations, many on neighborhood roofs and lawns, whose output is affected by clouds–is like…
What Marathon Runners Have in Common with Used Car Salesmen
ByadminIn 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…
Wallet Biopsy?
ByadminDo you feel like your out of pocket medical expenses are growing? You are not alone. Even for people getting Medicare, the amount of money coming out of patients pockets is growing too. And it is growing not only because all health care spending is growing, but also because patients are being asked to bear…
Be Careful What Standards You Use to Judge Historical Figures: The Case of Abraham Lincoln
ByadminIt’s always tricky to judge anyone’s moral character, much less that of historical figures who lived during times very different from our own. Most of the great people who founded the United States, for example, had slaves. Some even sired children with those slaves – like Thomas Jefferson. Hard to know how to judge that….
Legends of the Fall Semester?
ByadminIn case the Internet had any remaining credibility, as a source of truthful information, the MBA channel now lists me as a B School legend: The U.S. based website Poets & Quants has published a different kind of ranking. They haven’t chosen the best b-schools, but instead paid tribute to some of the best b-school…
Vacation Time!
ByadminI am not going to be posting any new blogs for a while, because I will be traveling – a nice mixture of vacation and writing, mostly out of reach of desktop computers and laptops. I expect to return in August, refreshed and reinvigorated. I hope all of you find some summer relaxation time too….