Category Archives: Uncategorized

The Danger of Telling Poor Kids That College Is the Key to Social Mobility

This is an interesting article. However, I’d take a little issue with the idea that the path kids take are solely a result of what purpose of education they are “sold” by the education system. It is also the result of the different risk levels the various classes can afford as a consequence of their relative wealth. If you have a passion for, say, Medieval European Literature which has a low potential financial payoff and requires post-graduate study to advance in that field, the risk you take pursuing that major is very different if you come from a poor background vs a wealthy one.

20 Rules for a Knight: A Timeless Guide from 1483

“1. Solitude

Create time alone with yourself. When seeking the wisdom and clarity of your own mind, silence is a helpful tool. The voice of our spirit is gentle and cannot be heard when it has to compete with others. Just as it is impossible to see your reflection in troubled water, so too is it with the soul. In silence, we can sense eternity sleeping inside us.

2. Humility

Never announce that you are a knight, simply behave as one. You are better than no one, and no one is better than you.”

My dialogue with Bob Zoellick on Trump and trade

from: August 30, 2016 at 08:57PM

Econ Focus: Erik Hurst

“So why would men and women and blacks and whites differ from each other in their occupational choice? We have a few types of wedges. One is discrimination in the labor market. Women and blacks were discriminated against being, say, doctors in 1960, and that discrimination has changed over time. Partners in a medical practice, as well as their customers, are now less likely to see women and blacks as being unable to provide identical services as men and whites. Second are barriers to human capital accumulation among women and blacks. Those explicit and implicit barriers are things like segregation or underinvestment in schools in black neighborhoods, prohibitions on entry of women to certain professional schools, or social norms that steer women toward some occupations and away from others. Third are preferences. Perhaps women and blacks opted out of going into certain professions because of social norms, and they were willing to take a utility loss to not run up against those norms. Fourth are factors that affect home production and have increased labor market flexibility for women over time. This would include labor-saving devices such as dishwashers and washing machines as well as improved methods of birth control that permit greater control over fertility decisions.”

Reverse Voxsplaining: Drugs vs. Chairs

from: August 30, 2016 at 08:01PM

Ethan Hawke’s 20 rules on how to behave like a knight

from: August 30, 2016 at 08:00PM

I’m a very slow thinker

from: August 26, 2016 at 03:03PM

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