Category Archives: Our Theory
Ever closer to that bubble
Recently some more issues have arisen regarding education. Some of you may remember how we recently said higher education is a bubble about to burst. When students (or, more likely, their parents) are paying upwards of $100,000 for an education which, all too often, can’t be said to be worth nearly as much, some problems [...]
Our most Inefficient form of transportation
Which is it? We have, in the past complained about the airline industry. The railway industry in the US is also somewhat lacking, judging by the cities and people it serves. The subway system in many cities (Atlanta) is also abysmal. So which is it? Well, it turns out it’s neither of these. It is [...]
A Lottery for All
Another interesting take on lotteries, following on an older post regarding lotteries and savings accounts. If you recall, there we mentioned Prize Linked Savings, or a savings account that took interest payments, pooled them together, and doled them out as lottery winnings. Despite very successful pilot programs (by successful we mean they made savings rates [...]
Enough with Patents?
Most readers have heard of various “patent wars” which have been happening lately. Many may have heard of “patent trolls” as well. Basically, with more and more patents being created and granted in this Internet era several things are going on in Intellectual Property law. Let’s start with the basics. A patent is granted to [...]
Who can’t drive now?
In recent years men have seen themselves transformed from man of the house, to sharing the breadwinning, having to share their feelings and even (in extreme cases) becoming vegetarians. But one universal truth men can still hold dear is that they are better drivers than women. The comments, jokes, anecdotes and even YouTube videos all [...]
