Monthly Archives: August, 2010

Let commuters be commuters

A curious incident happened recently in New York city: when the city stopped running its bus routes X25, X29, X90, and QM22 a private company took its place. Transport Azumah started running private charter buses on these exact routes. The result was that the customers were happy, the city didn’t have to run buses along [...]

Game Theory in Videos

Youtube User JimBobJenkins has some excellent primers on Game Theory available on his Youtube Channel, which include matrices and game trees and address familiar concepts such as The Prisoner’s Dilemma, the Ultimatum Game and Forward Induction. Videos can be found here. Of course, if you want to then see some other Game Theory videos from [...]

The Orszag Experiment

Effective July 30th (not 31st) Peter Orszag has left the Obama administration, and the fact that he has may speak volumes about what the administration was, and is, thinking. Orszag, now former director of the OMB, was a proponent of Behavioral Economics, and he had brought other like-minded people on board with him. Most notable [...]

Laissez Faire in Languages?

A recent article in the Economist highlights an interesting topic. Is it better to protect one’s language, as France and Germany are doing, or to have more of a laissez-faire attitude, as is done with English? English is more widespread than the other two languages, but that does not necessarily mean causation. After all, it [...]