Peter Hamby, from CNN, was one of my college roommates; we were talking a while back and he told me that sometimes, as he travels around America on political stories, he thinks it’s just a mix of large cities and… Continue Reading
Because of observations they initially made about Amazon, two researchers — Ayelet Gneezy at UC-San Diego and Nicholas Epley at University of Chicago — launched a study about reaction to promises and claims by others. It turns out no one really… Continue Reading
The cost of creating a new drug for a pharma company is somewhere around $5 billion right now, and often takes 10 years or more. If someone approached your company and told you, “We want to take 5 billion dollars… Continue Reading
Wrote a little about the growth in income inequality across the 50 states from 1979 to 2012 last week, and now here’s more, via CityLab. Check out this chart: Essentially, the states with the lowest real inequality — as measured by… Continue Reading
Robert Moffitt is an economist at Johns Hopkins; most of his research is around the idea of taxes, health care, and welfare. Indeed, he has a huge study coming out in the academic journal Demography later this year/next year about the evolution… Continue Reading
Planes do require fuel to fly, and as fossil fuel extraction becomes pricier over time, it stands to reason that flights will, too. If you don’t generally believe any of this, consider this fact: from ’09 to ’14, flight costs… Continue Reading
Say it with me now: the twin engines of present-day American job growth are knowledge and energy. We’ve talked about this before (with a little more context here), and now theres’s some new data via Atlantic Cities essentially underscoring the idea. Look at this chart: The… Continue Reading
This, today, from Pew Research: “One positive effect of ‘ubiquitous computing,’ as it used to be called, will be much faster, more convenient, and lower-cost medical diagnostics. This will be essential if we are to meet the health care needs… Continue Reading