Skip to main content

Freakonomics

- Incentives (trade off; balance between extremes)
- Information
- Inherently non-evil people: 87% (Feldman's bagels)
- Discrimination: (i) taste-based - you choose not to interact with people
(ii)info-based - other people have poor skills
- Pragmatism
- Socrates + Plato (Republic)
- Adam Smith
- Taxonomy
- 4 Factors determining wage: (i) number of people able to do the job
(ii)specialized skills required
(iii)unpleasantness of job
(iv)demand for the services the job fulfills
- Johnny Appleseed
- Ceasescu
- Lexis Nexis database
- Prophylactic
- Formation of conventional wisdom (J. K. Galbraith): (i) ease of understanding
(ii)effect on well-being
- Panhandle
- Causality & Correlation
- Risk = Hazard + Outrage (Hazard is constant, Outrage is to be controlled): Peter Sandman
- Ted Kaczynski
- Richard Taylor
- Tipping point, according to Gladwell

Comments

Popular posts from this blog

Quotes

I don't think of the past. The only thing that matters is the everlasting present. W. Somerset Maugham Ralph Waldo Emerson - "To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment."

A Cascade of Conversations.

It is a convenience to not have to type a datestamp, so I waste a line on it. The conversation I had with Mr. Malik was hurried; if its depth were to be mapped by sonar, it would be very irregular. The air time was pretty evenly divided, I think, although I know my egotistical thought process gives me way more credit than I'm due for. Still, no, wait, not still, I also committed a grave error of leaving out a person from my life history, despite saying in the same conversation, at a different point of time, words to the effect that a nurtured grievance tends to intensify negatively over time. I hope I have not slipped up too badly. Mahak pressed the red button when I called right now. With Mum, I knew in my heart she knew I was going to be serious about Mahak. Hence, at an opportunistic moment was exploited to full advantage, meaning no negativity whatsoever, and Mum accepted the news with good humor; I think her apprehensions are going to wait till December. Now, I have two things...

Money

By Pink Floyd Excellent song. The lyrics pertain to (most probably) the group's experience itself. As such, it is funny and humorous, poking fun at the system of media barons and "chart" economics.  I relate to it even more these days, when all I need is money. I am at peace, content, moksha-esque, even - but I do need money for subsistence. Which reminds me , how do I monetize my writings? Time to fire up the Vaio.