Tim Harford On Error And The God Complex
I have referenced the work of Tim Harford particularly his wonderful series of podcasts This is an excellent video of the fallibilities of humans and the errors we make.
DetailsWTF Moment Of The Week
I have nothing to say……. Male Organ and Economic Growth: Does Size Matter*? Abstract This paper explores the link between economic development and penile length between 1960 and 1985. It estimates an augmented Solow model utilizing the Mankiw-Romer-Weil 121 country dataset. The size of male organ is found to have an inverse U-shaped relationship with the level of…
DetailsLost Decades
Whilst looking through one of my folders for an example for the current mentor group I found this chart from 2 years ago. Off the top of my head I would guess that things hav not improved much in two years.
Three Months After
This is from a photo essay from Boston.Com If you look up resilient in the dictionary it might simply say see Japanese and under Japanese it might say see resilient. Meanwhile I am still waiting for my local water supplier to come and fix a leaking pipe outside of my house….its only been a year…
DetailsOur Predictions Are Shit……..Who Cares?
I have opined at length about predictions within the financial market and how crap people are at making predictions and how they and everyone else dont seem to care about their lack of accuracy. Their is not the slightest hint of embarrassment among experts that they are continually wrong. This nice little piece by Robin…
DetailsWorld Wide Income Distribution
Interesting graphic from Nat Geo of the distribution of income. Click image for interactive version.
The Best Way To Help The Poor Is Not To Be One Of Them
UNITED NATIONS — Without too much fanfare, the United Nations admits in its newest report on the progress of the so-called Millennium Development Goals that wealth creation and not wealth redistribution is the main driver behind reduced levels of extreme poverty around the world. Of course, the UN, being an organization that spends most of…
DetailsGold And Silver
The following two charts caught my eye simply because of the congestion of price.
