Monthly Archives: May 2015

What If It Rains?

Follow Up To: Full Service Gas stations in New Jersey do not have awnings to protect customers from the rain. Let us presume for the moment that due to some combination of inertia, regulations and initial costs, it is not … Continue reading

Posted in Death by Metrics, Economic Analysis, Impractical Optimization | Tagged , , , | 9 Comments

Full Service

New Jersey has a law that says that you are not allowed to pump your own gas. They have had this law for 70 years. This is, of course, absurd. But if it is so absurd, why do 63 percent … Continue reading

Posted in Economic Analysis | Tagged , , , | 4 Comments

NFL is a perfect example of complexity creep

The NFL has voted to adopt a new rule that extra point attempts are snapped from the fifteen yard line, whereas two point conversions will continue to be run from the two yard line, but with the additional rule that … Continue reading

Posted in Impractical Optimization, Sports | Tagged , , | Leave a comment

Two Words That Offer Final Ultimate Proof That Medical System Is Evil

Music therapy. At the hospital, I have just learned, they offer Music Therapy. By music, I mean random folk singers with guitars. By therapy, I mean letting those folk singers sing, and play their guitars. And by offer, I mean … Continue reading

Posted in Personal Experience | Tagged , , | 1 Comment

TPP is about as good as it is supposed to be

Tyler Cohen stakes out quite a sensible position on whether or not we should approve the trade deal called TPP: What would convince me to oppose TPP if is somebody did a study showing the following: when you use a … Continue reading

Posted in Economic Analysis | Tagged , | 1 Comment

The Twelve Virtues of Rationality

Yesterday, Raymond Arnold sent out an email announcing that those at Highgarden had come up with a really cool art project and invited everyone to come down and participate. The idea was to paint panels depicting the Twelve Virtues of … Continue reading

Posted in Good Advice, Rationality | Tagged , , , | 2 Comments

In a world… of venture capital

On Twitter, Robin Hanson asked a question yesterday I have given a lot of thought to, which is why the bigger venture capital firms dominate the market and make oversize profits while the other firms taken together make almost no … Continue reading

Posted in Death by Metrics, Impractical Optimization, Personal Experience | Tagged , , , , | 19 Comments