By Ocean on Aug 30, 2010 in Current Events, Featured, Our Theory | 0 Comments
In the late 1990’s the problems of the world were very different. Terrorism was not as big a perceived threat and people were just warming up to global warming, with “buying local” not meaning much to anyone. One of the big problems at the time was Y2K. Everyone knew the ushering of [...]
By Ocean on Aug 19, 2010 in Current Events, Featured | 0 Comments
The gambling laws in the United States do not make much sense. Then again, many laws in many places have more to do with tradition, history and personal whims, and therefore can seem odd when looked at with a fresh eye. Gambling laws, however, are counterintuitive and cost the government millions in potential [...]
By Ocean on Aug 11, 2010 in Current Events, Featured | 0 Comments
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 [...]
By Ocean on Aug 6, 2010 in Behavioral Economics, Current Events, Featured | 0 Comments
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. [...]
By Ocean on Jul 20, 2010 in Articles, Behavioral Economics, Current Events, Featured, History, Our Theory | 0 Comments
The Atlantic recently asked that we refer to terrorists as nitwits. They illustrate what a hapless group of incompetent, ignorant, three-stooges like people these terrorists are, as well as how there is nothing religious about most of them and how they have even been caught getting intimate with cows and donkeys.
We are happy [...]