The Ten Commandments of The American Religion
UnitedStates
rules
economics
war
pb
Freakonomics_Blog
America
congress
FDA
homes
religion
voting
october 2011 by patrix
It’s a fickle and false religion, used to replace the ideologies we (a country of immigrants) escaped. Random high priests lurk all over the Internet, ready to pounce. Below are the Ten Commandments of the American Religion, as I see them.
october 2011 by patrix
Find Out What Percent You Are (For Real) [Occupy Wall Street]
october 2011 by patrix
We gave you our highly unscientific quiz for figuring out what percent you are. But the eggheaded calculator jockeys at the Wall Street Journal did it for real. Just go here enter in your household income. More »
Occupy_Wall_Street
Economics
Wall_Street_Journal
from google
october 2011 by patrix
No Logo: Brands and Chains in the Age of Mobile Internet
october 2011 by patrix
It’s no coincidence that the rise of the American chain restaurant coincides pretty neatly with the automobile’s shift from an aristocratic toy to a mass means of transportation. As society grew more mobile, a novel problem arose: As you found yourself routinely passing through areas you didn’t know intimately, how could you know where to grab a decent bite? Standardized franchise restaurants—by adapting the assembly line methods of Henry Ford, appropriately enough—provided the answer. What they might lack in quality, they made up for in consistency: Anywhere the internal combustion engine might take you, you could Look for the Golden Arches (or some other easily recognizable logo) and know exactly what you were going to find. The chain was unlikely to be the best casual dining in town, but you at least knew you weren’t going to be surprised with something epically awful. That was a particular risk for roadside restaurants catering primarily to travelers rather than locals: If you don’t expect to do much repeat business, there’s not much percentage in spending time and effort raising the quality of your food much above the level of “palatable.” The national chain, by contrast, had an incentive to ensure that local managers didn’t injure the reputation of the overall brand. A customer might not ever set foot in a particular McDonalds a second time, but a chain has to be concerned with whether her experience makes it likely she’ll visit any McDonalds again.
Now, Brad Plumer reports, there’s research suggesting that online review sites like Yelp are cutting into chains’ bottom line by providing an alternative solution to the information problem. The combination of peer-produced online reviews (which cover local diners along with the big-city restaurants) and mobile, location-aware Internet devices has made it incredibly easy to figure out where you can find the nearest restaurants with good reputations, wherever you might be. Under conditions of uncertainty, the chain represents a rational maximin strategy. As ubiquitous connectivity and peer-production of information reduce that uncertainty, the chain becomes an unnecessary hedge.
Yet it’s not just chain restaurants that have thrived by using standardization and branding to solve a consumer information problem: Branding and marketing generally often serve much the same function. Frequently, generic or store-branded products (soda, cereal, ibuprofen) are literally chemically identical to the more recognizable name-brand product, and only cheaper because they haven’t been saddled with the overhead of a costly marketing campaign designed to signal quality. (Think of the traditional argument for the evolution of peacock feathers: To survive while paying the high overhead cost of such a gaudy display signals genetic fitness.)
Imagine, then, what effect it might have if, five or ten years hence, augmented reality using sophisticated image recognition were as ubiquitous as Internet-enabled phones are becoming in the developed world. Imagine that, for nearly any product consumers encountered, some kind of aggregate rating—based on whatever criteria the individual has determined are most important—would simply appear, with minimal effort. Simply looking at an aisle of products—or even passing shops on the street—I might effortlessly learn which were deemed most satisfactory by people with tastes similar to mine. My incentive to take the time to rank products would be provided by my desire to give the system a basis for determining which other user’s rankings were most likely to be relevant for me. (Think here of Netflix recommendations or other type of social filtering, where contributing ratings enables the system to make better predictions about what I am likely to enjoy.)
With such information more directly available, marketing would become far less relevant to the buyer—and a far less worthwhile investment for the producer. Products, of course, would still need to be distinguished in some way, but a seller with a superior product would be far better able to compete without investing in a costly national marketing campaign. Advertising might be initially important in raising awareness about a new product and building an initial pool of reviews, but its salience would rapidly diminish.
That’s one way things might go, at least. The picture is a bit complicated because today we often “consume” the brand, and not just the product itself. That is a company like Nike might invest a great deal in slick marketing partly in order to create a series of public associations with their logo, so that part of what I’m buying when I purchase their sneakers is what (I hope) the Swoosh signals about the sort of person I am—or how I see myself, at any rate. But this seems like a major consideration in a relatively limited number of product areas, such as clothing (precisely because it’s displayed on the person). If that’s right, the “Yelp Effect” in world where augmented reality technology has been widely adopted could dramatically diminish the broader cultural prominence of corporate logos and brands.
Art_&_Culture
Economics
Sociology
Tech_and_Tech_Policy
from google
Now, Brad Plumer reports, there’s research suggesting that online review sites like Yelp are cutting into chains’ bottom line by providing an alternative solution to the information problem. The combination of peer-produced online reviews (which cover local diners along with the big-city restaurants) and mobile, location-aware Internet devices has made it incredibly easy to figure out where you can find the nearest restaurants with good reputations, wherever you might be. Under conditions of uncertainty, the chain represents a rational maximin strategy. As ubiquitous connectivity and peer-production of information reduce that uncertainty, the chain becomes an unnecessary hedge.
Yet it’s not just chain restaurants that have thrived by using standardization and branding to solve a consumer information problem: Branding and marketing generally often serve much the same function. Frequently, generic or store-branded products (soda, cereal, ibuprofen) are literally chemically identical to the more recognizable name-brand product, and only cheaper because they haven’t been saddled with the overhead of a costly marketing campaign designed to signal quality. (Think of the traditional argument for the evolution of peacock feathers: To survive while paying the high overhead cost of such a gaudy display signals genetic fitness.)
Imagine, then, what effect it might have if, five or ten years hence, augmented reality using sophisticated image recognition were as ubiquitous as Internet-enabled phones are becoming in the developed world. Imagine that, for nearly any product consumers encountered, some kind of aggregate rating—based on whatever criteria the individual has determined are most important—would simply appear, with minimal effort. Simply looking at an aisle of products—or even passing shops on the street—I might effortlessly learn which were deemed most satisfactory by people with tastes similar to mine. My incentive to take the time to rank products would be provided by my desire to give the system a basis for determining which other user’s rankings were most likely to be relevant for me. (Think here of Netflix recommendations or other type of social filtering, where contributing ratings enables the system to make better predictions about what I am likely to enjoy.)
With such information more directly available, marketing would become far less relevant to the buyer—and a far less worthwhile investment for the producer. Products, of course, would still need to be distinguished in some way, but a seller with a superior product would be far better able to compete without investing in a costly national marketing campaign. Advertising might be initially important in raising awareness about a new product and building an initial pool of reviews, but its salience would rapidly diminish.
That’s one way things might go, at least. The picture is a bit complicated because today we often “consume” the brand, and not just the product itself. That is a company like Nike might invest a great deal in slick marketing partly in order to create a series of public associations with their logo, so that part of what I’m buying when I purchase their sneakers is what (I hope) the Swoosh signals about the sort of person I am—or how I see myself, at any rate. But this seems like a major consideration in a relatively limited number of product areas, such as clothing (precisely because it’s displayed on the person). If that’s right, the “Yelp Effect” in world where augmented reality technology has been widely adopted could dramatically diminish the broader cultural prominence of corporate logos and brands.
october 2011 by patrix
The Stream Map of the World
october 2011 by patrix
For most of the last decade, Israeli soldiers have been making the transition back to civilian life after their compulsory military service by going on a drug-dazed recovery trip to India, where an invisible stream of modern global culture runs from the beaches of Goa to the mountains of Himachal Pradesh in the north. While most of the Israelis eventually return home after a year or so, many have stayed as permanent expat stewards of the stream. The Israeli military stream is changing course these days, and starting to flow through Thailand, where the same pattern of drug-use and conflict with the locals is being repeated.
This pattern of movement among young Israelis is an example of what I’ve started calling a stream. A stream is not a migration pattern, travel in the usual sense, or a consequence of specific kinds of work that require travel (such as seafaring or diplomacy). It is a sort of slow, life-long communal nomadism, enabled by globalization and a sense of shared transnational social identity within a small population.
I’ve been getting increasingly curious about such streams. I have come to believe that though small in terms of absolute numbers (my estimate is between 20-25 million worldwide), the stream citizenry of the world shapes the course of globalization. In fact, it would not be unreasonable to say that streams provide the indirect staffing for the processes of modern technology-driven globalization. They are therefore a distinctly modern phenomenon, not to be confused with earlier mobile populations they may partly resemble.
Stream Citizenship
Stream citizens are not global citizens (a vacuous high-modernist concept that is as culturally anemic as the UN). Their social identities are far narrower and richer. They are (undeclared) stream citizens, whose identities derive from their slow journey across the world.
But the individualist, existential notion of nomadism that I wrote about in On Being an Illegible Person does not apply. In particular, stream citizens are not necessarily nomadic in literal ways (such as living out of cars, boats or mobile homes). They may buy or rent property, accumulate material possessions, and so forth.
Streams are highly sociable collectives, not individuals. The stream itself may be illegible on a map of nation-states, but individuals within it are fairly legible at least to fellow citizens within the same stream. In this sense, streams are like David Hackett Fischer’s folkways. Unlike folkways, streams use geographic movement to structure themselves internally. You could also apply the John Hagel model in The Power of Pull and think of traditional folkways as “stock” folkways and streams as “flow” folkways. The running example in the book (global surfer culture) is not quite a stream, however.
The argument for a distinct new construct, the stream, is not based on a single clear criterion that separates it from other kinds of population movements. Instead, we have a distinctive pattern of deviations from other kinds of population movements.
I have a few examples in mind (such as the Israeli one), but to avoid the dangers of over-fitting, I’ll characterize the idea of the stream via a dozen abstract features, and follow it up with a very primitive and sketchy “world stream map,” without trying to describe specific streams in these abstract terms.
Distinct social identity: Streams possess a unique and distinct social identity, unlike more inchoate movements that may share some of the features of streams. Unlike rite-of-passage travel patterns though (such as “karma-trekkers”), they tend not to have named, brand-like identities. Instead, they have unmistakeable, but implicit identities.
Partial subsumption: Streams subsume the lives of their citizens more strongly than more diffuse population movements, but less strongly than focused intentional communities like the global surfing community. There is a great deal more variety and individual variation. In particular, there is no solidarity around grand ideologies in the sense of Benedict Anderson’s Imagined Communities. In this, streams differ from nation-states, even though they provide something of an alternative organizational scheme. Not only is the subsumption at about a middling level at any given point in time, it varies in intensity throughout life, being particularly weak early and late in life.
Voluntary slowness: a stream is a pattern of movement where individual movements take place over years or decades, spanning entire development life stages. Unlike a decade-long limbo state imposed by (say) waiting for an American green card, which has individuals impatient to get the process over with and “settle down” in either a new home, or return to an old one, stream citizens don’t experience their state as a limbo state. They are always “home.” Being a relatively new phenomenon, there are no streams that are life-encompassing as yet. But I believe those will emerge — distinctive cradle-t0-grave geographic journeys.
Exclusionary communality: streams provide a great deal of social support to those who are eligible to join and choose to do so, but are highly exclusionary with respect to very traditional variables like race, ethnicity and gender. The exclusionary nature of streams is not self-adopted, but a consequence of the fact that streams pass through multiple host cultures. A shared social identity in one host culture may splinter in another, while distinct ones may be conflated in unwanted ways. So only relatively tightly-circumscribed social identities can survive these forces intact. I am really tempted to illustrate this particular point with examples, but I’ll leave it as an abstraction.
Distinct economic identity: unlike commercial travel that is part of broader economic activity (such as sea-faring), or non-commercial travel (such as tourism), streams tend to be at least partially self-sustaining within every host culture that they pass through. This partial self-sustainability often involves patterns of global commercial activity that lends money a different meaning within the stream. So even though streams don’t issue currencies, and merely borrow the economic apparatus of their host cultures, the money behaves in very different ways while it is circulating within the stream.
Non-tribal: Streams are not completely self-sufficient though, in the sense of segmentary tribes. This is a crucial distinction from nomads or barbarians in the classical sense. They do not seek to form bonds of mechanical solidarity with other streams. Instead they seek to form fairly strong bonds of organic solidarity (mutual interdependence) with host cultures.
Vorticity: Streams contain higher-tempo patterns of travel among the waypoints, especially to old “home” bases, due to obligations and attachments inherited from pre-stream home cultures.
Partial self-absorption: stream citizens are not very interested in the host cultures they pass through except to the extent of maintaining economic and practical relationships. There is no sense of being on the periphery, looking on with longing at the action at the center. There is no oppressive sense of being trapped in a diaspora-ghetto.
Relative poverty: unlike the global jet-setting (think Davos) elite, streams are generally impoverished. In fact a great deal of the motivation for living in a stream is to leverage limited means. But this does not mean we are only talking about lifestyle-designing Internet marketers in Bali. We are also talking about migrant labor from Asia to the Middle East that starts with a “let me save money working in construction in Dubai for a few years” motivation, but ends up extending to a whole lifetime.
High adaptability: Unlike nomads who carry their lives around with them, creating tiny shells of reassuring familiarity around themselves, stream citizens behave more like hermit crabs. They cobble together the necessities of life — shelter, income, patterns of diet and exercise — from whatever is around them. Stream citizens eat Chinese food in China and Thai food in Thailand, not because they are particularly curious about local cuisines, but because the sustainability of the stream lifestyle is based in part on such adaptation. Nostalgia is weak for stream citizens, as is the faraway-home/near-exotic sense of alienation from surrounding. Stream citizens are both home and abroad at the same time.
Direct connection to globalization: In a sense, the notion of “stream” I am trying to construct is a generalization of the Internet-enabled lifestyle designer, which I think is much too narrow. But streams are definitely a modern phenomenon, and owe their capacity for stable existence to some connection with the infrastructure of globalization. The Internet is the major one for the creative class, but anything from container shipping to the Chimerica manufacturing trade to the globalized high-rise construciton industry qualifies.
Lack of an arrival dynamic: this is perhaps the most important feature. There is no sense of anticipation of an “arrival” event such as getting an American green card, after which “real” life can begin. There is a wherever you go, there you are indifference to rootedness. This psychological shift is the central individual act. By abandoning arrival-based frames, stream citizens free themselves from yearning for geographically rooted forms of social identity.
The Scale and Impact of Streams
In terms of sheer numbers, global migration does not seem to be a very powerful force. In World 3.0, Pankaj Ghemawat notes that only about 3% of the world’s population comprises first-generation immigrants. Over 90% of the world’s population will never leave their home country.
As a small subset of global migration and travel, the total population of stream citizenry is unlikely to exceed about 0.3% of the world population by my estimate[…]
Culture
Economics
Globalization
Technology
from google
This pattern of movement among young Israelis is an example of what I’ve started calling a stream. A stream is not a migration pattern, travel in the usual sense, or a consequence of specific kinds of work that require travel (such as seafaring or diplomacy). It is a sort of slow, life-long communal nomadism, enabled by globalization and a sense of shared transnational social identity within a small population.
I’ve been getting increasingly curious about such streams. I have come to believe that though small in terms of absolute numbers (my estimate is between 20-25 million worldwide), the stream citizenry of the world shapes the course of globalization. In fact, it would not be unreasonable to say that streams provide the indirect staffing for the processes of modern technology-driven globalization. They are therefore a distinctly modern phenomenon, not to be confused with earlier mobile populations they may partly resemble.
Stream Citizenship
Stream citizens are not global citizens (a vacuous high-modernist concept that is as culturally anemic as the UN). Their social identities are far narrower and richer. They are (undeclared) stream citizens, whose identities derive from their slow journey across the world.
But the individualist, existential notion of nomadism that I wrote about in On Being an Illegible Person does not apply. In particular, stream citizens are not necessarily nomadic in literal ways (such as living out of cars, boats or mobile homes). They may buy or rent property, accumulate material possessions, and so forth.
Streams are highly sociable collectives, not individuals. The stream itself may be illegible on a map of nation-states, but individuals within it are fairly legible at least to fellow citizens within the same stream. In this sense, streams are like David Hackett Fischer’s folkways. Unlike folkways, streams use geographic movement to structure themselves internally. You could also apply the John Hagel model in The Power of Pull and think of traditional folkways as “stock” folkways and streams as “flow” folkways. The running example in the book (global surfer culture) is not quite a stream, however.
The argument for a distinct new construct, the stream, is not based on a single clear criterion that separates it from other kinds of population movements. Instead, we have a distinctive pattern of deviations from other kinds of population movements.
I have a few examples in mind (such as the Israeli one), but to avoid the dangers of over-fitting, I’ll characterize the idea of the stream via a dozen abstract features, and follow it up with a very primitive and sketchy “world stream map,” without trying to describe specific streams in these abstract terms.
Distinct social identity: Streams possess a unique and distinct social identity, unlike more inchoate movements that may share some of the features of streams. Unlike rite-of-passage travel patterns though (such as “karma-trekkers”), they tend not to have named, brand-like identities. Instead, they have unmistakeable, but implicit identities.
Partial subsumption: Streams subsume the lives of their citizens more strongly than more diffuse population movements, but less strongly than focused intentional communities like the global surfing community. There is a great deal more variety and individual variation. In particular, there is no solidarity around grand ideologies in the sense of Benedict Anderson’s Imagined Communities. In this, streams differ from nation-states, even though they provide something of an alternative organizational scheme. Not only is the subsumption at about a middling level at any given point in time, it varies in intensity throughout life, being particularly weak early and late in life.
Voluntary slowness: a stream is a pattern of movement where individual movements take place over years or decades, spanning entire development life stages. Unlike a decade-long limbo state imposed by (say) waiting for an American green card, which has individuals impatient to get the process over with and “settle down” in either a new home, or return to an old one, stream citizens don’t experience their state as a limbo state. They are always “home.” Being a relatively new phenomenon, there are no streams that are life-encompassing as yet. But I believe those will emerge — distinctive cradle-t0-grave geographic journeys.
Exclusionary communality: streams provide a great deal of social support to those who are eligible to join and choose to do so, but are highly exclusionary with respect to very traditional variables like race, ethnicity and gender. The exclusionary nature of streams is not self-adopted, but a consequence of the fact that streams pass through multiple host cultures. A shared social identity in one host culture may splinter in another, while distinct ones may be conflated in unwanted ways. So only relatively tightly-circumscribed social identities can survive these forces intact. I am really tempted to illustrate this particular point with examples, but I’ll leave it as an abstraction.
Distinct economic identity: unlike commercial travel that is part of broader economic activity (such as sea-faring), or non-commercial travel (such as tourism), streams tend to be at least partially self-sustaining within every host culture that they pass through. This partial self-sustainability often involves patterns of global commercial activity that lends money a different meaning within the stream. So even though streams don’t issue currencies, and merely borrow the economic apparatus of their host cultures, the money behaves in very different ways while it is circulating within the stream.
Non-tribal: Streams are not completely self-sufficient though, in the sense of segmentary tribes. This is a crucial distinction from nomads or barbarians in the classical sense. They do not seek to form bonds of mechanical solidarity with other streams. Instead they seek to form fairly strong bonds of organic solidarity (mutual interdependence) with host cultures.
Vorticity: Streams contain higher-tempo patterns of travel among the waypoints, especially to old “home” bases, due to obligations and attachments inherited from pre-stream home cultures.
Partial self-absorption: stream citizens are not very interested in the host cultures they pass through except to the extent of maintaining economic and practical relationships. There is no sense of being on the periphery, looking on with longing at the action at the center. There is no oppressive sense of being trapped in a diaspora-ghetto.
Relative poverty: unlike the global jet-setting (think Davos) elite, streams are generally impoverished. In fact a great deal of the motivation for living in a stream is to leverage limited means. But this does not mean we are only talking about lifestyle-designing Internet marketers in Bali. We are also talking about migrant labor from Asia to the Middle East that starts with a “let me save money working in construction in Dubai for a few years” motivation, but ends up extending to a whole lifetime.
High adaptability: Unlike nomads who carry their lives around with them, creating tiny shells of reassuring familiarity around themselves, stream citizens behave more like hermit crabs. They cobble together the necessities of life — shelter, income, patterns of diet and exercise — from whatever is around them. Stream citizens eat Chinese food in China and Thai food in Thailand, not because they are particularly curious about local cuisines, but because the sustainability of the stream lifestyle is based in part on such adaptation. Nostalgia is weak for stream citizens, as is the faraway-home/near-exotic sense of alienation from surrounding. Stream citizens are both home and abroad at the same time.
Direct connection to globalization: In a sense, the notion of “stream” I am trying to construct is a generalization of the Internet-enabled lifestyle designer, which I think is much too narrow. But streams are definitely a modern phenomenon, and owe their capacity for stable existence to some connection with the infrastructure of globalization. The Internet is the major one for the creative class, but anything from container shipping to the Chimerica manufacturing trade to the globalized high-rise construciton industry qualifies.
Lack of an arrival dynamic: this is perhaps the most important feature. There is no sense of anticipation of an “arrival” event such as getting an American green card, after which “real” life can begin. There is a wherever you go, there you are indifference to rootedness. This psychological shift is the central individual act. By abandoning arrival-based frames, stream citizens free themselves from yearning for geographically rooted forms of social identity.
The Scale and Impact of Streams
In terms of sheer numbers, global migration does not seem to be a very powerful force. In World 3.0, Pankaj Ghemawat notes that only about 3% of the world’s population comprises first-generation immigrants. Over 90% of the world’s population will never leave their home country.
As a small subset of global migration and travel, the total population of stream citizenry is unlikely to exceed about 0.3% of the world population by my estimate[…]
october 2011 by patrix
Rent vs. Buy Index
I'm glad we made the economically-wise decision to buy our first house last year.
housing
rental
unitedstates
preferences
economics
upb
january 2011 by patrix
Trulia's Q1 2011 Rent vs. Buy Index provides guidance to help you make a smart decision on whether it is better to rent or buy in each of America's 50 largest cities by population. The Rent:Buy Ratio is calculated by using the median list price compared with the median rent on two-bedroom apartments, condos and townhomes listed on Trulia.com.
I'm glad we made the economically-wise decision to buy our first house last year.
january 2011 by patrix
After Three Months, Only 35 Subscriptions
january 2010 by patrix
Newsday, the Long Island daily that the Dolans bought for $650 million, put its web site, newsday.com, behind a pay wall. The paper was one of the first non-business newspapers to take the plunge by putting up a pay wall,
advertising
economics
journalism
newspaper
january 2010 by patrix
The Man Who Predicts The Medals
january 2010 by patrix
"Single-party regimes, traditionally Communist regimes, do much better than their democratic peers."
economics
olympics
from delicious
january 2010 by patrix
The Henry Ford of Heart Surgery
november 2009 by patrix
Dr. Shetty, who entered the limelight in the early 1990s as Mother Teresa's cardiac surgeon, offers cutting-edge medical care in India at a fraction of what it costs elsewhere in the world. His flagship heart hospital charges $2,000, on average, for open-heart surgery, compared with hospitals in the U.S. that are paid between $20,000 and $100,000, depending on the complexity of the surgery.
economics
healthcare
india
medicine
nefa
november 2009 by patrix
Annals of Medicine: The Cost Conundrum
june 2009 by patrix
What a Texas town can teach us about health care.
politics
business
economics
health
government
texas
newyorker
insurance
medicine
healthcare
reform
nefa
june 2009 by patrix
The dark side of Dubai
april 2009 by patrix
Dubai was meant to be a Middle-Eastern Shangri-La, a glittering monument to Arab enterprise and western capitalism. But as hard times arrive in the city state that rose from the desert sands, an uglier story is emerging
culture
globalization
dubai
economics
business
development
politics
nefa
april 2009 by patrix
With Finance Disgraced, Which Career Will Be King?
april 2009 by patrix
Big shifts in the flow of talent can ripple through the nation and the economy for decades with lasting effect.
jobs
economy
recession
career
finance
economics
school
nefa
fordesipundit
april 2009 by patrix
A Global Retreat As Economies Dry Up
march 2009 by patrix
"As World Trade Plummets, Bustling Ports Stand Idle And Foreign Workers Track Back Home." Is it really that dire?
nefa
fordesipundit
economy
economics
globalization
immigration
asia
march 2009 by patrix
How the Crash Will Reshape America
march 2009 by patrix
What fate will the coming years hold for New York, Charlotte, Detroit, Las Vegas? Will the suburbs be ineffably changed? Which cities and regions can come back strong? And which will never come back at all?
nefa
politics
economics
usa
newurbanism
fordesipundit
march 2009 by patrix
Recipe for Disaster: The Formula That Killed Wall Street
march 2009 by patrix
In the mid-'80s, Wall Street turned to the quants—brainy financial engineers—to invent new ways to boost profits. Their methods for minting money worked brilliantly... until one of them devastated the global economy.
nefa
wired
economics
economy
business
money
finance
mathematics
fordesipundit
march 2009 by patrix
Why Is Her Paycheck Smaller?
march 2009 by patrix
Nearly every occupation has the gap — the seemingly unbridgeable chasm between the size of the paycheck brought home by a woman and the larger one earned by a man doing the same job.
nefa
economics
visualization
money
gender
feminism
fordesipundit
wagegap
march 2009 by patrix
Yes, They Could. So They Did
february 2009 by patrix
The biggest fan of India on the NYT Columnist Team
economics
india
environment
energy
Innovation
fordesipundit
february 2009 by patrix
Charles declares Mumbai shanty town model for the world
february 2009 by patrix
The Mumbai shanty town featured in the film Slumdog Millionaire offers a better model than does western architecture for ways to house a booming urban population in the developing world
nefa
fordesipundit
india
economics
mumbai
sustainability
poverty
february 2009 by patrix
Porn industry seeks federal bailout
january 2009 by patrix
Another major American industry is asking for assistance as the global financial crisis continues. And why not? Everyone needs a lift.
nefa
politics
economics
porn
fordesipundit
bailout
january 2009 by patrix
A Big Sum of Small Differences
january 2009 by patrix
Individual Americans Cause -- and Could Cure -- Most of U.S. Emissions Problem
nefa
sustainability
economics
environment
energy
behavior
climatechange
fordesipundit
january 2009 by patrix
The Next World Order - NYTimes.com
january 2009 by patrix
CHINA and India are in a struggle for a top rung on the ladder of world power, but their approaches to the state and to power could not be more different.
nefa
politics
development
india
economics
china
fordesipundit
january 2009 by patrix
China to Overtake U.S. Economy
august 2008 by patrix
Will its takeover over the U.S. economy really matter?
economics
china
unitedstates
economy
economicgrowth
nefa
wealth
august 2008 by patrix
The Folly of Obama’s Tax Plan
august 2008 by patrix
Senator Obama’s proposed ‘tax cuts for the middle class’ are actually marginal rate hikes in disguise.
taxes
obama
politics
economics
nefa
august 2008 by patrix
A Long Wait at the Gate to Greatness
july 2008 by patrix
China, the drumbeat goes, is poised to become the 800-pound gorilla of the international system, ready to dominate the 21st century the way the United States dominated the 20th. Except that it's not.
china
economics
politics
culture
government
demographics
environment
predictions
nefa
july 2008 by patrix
How Much Does It Cost You in Wages if You Sound Black?
july 2008 by patrix
Blacks who “sound black” earn salaries that are 10 percent lower than blacks who do not “sound black,” even after controlling for measures of intelligence, experience in the work force, and other factors that influence how much people earn.
black
discrimination
economics
income
research
nefa
july 2008 by patrix
Googling the Welfare State
june 2008 by patrix
Swedish social democracy, and its concomitant hostility to entrepreneurship and overly generous network of financial benefits for immigrants and asylum seekers, is a significant contributor to high unemployment rates.
google
sweden
welfarestate
economics
nefa
june 2008 by patrix
Gas May Finally Cost Too Much
april 2008 by patrix
Highway traffic is falling as pump prices climb. Are Americans rethinking their auto addiction?
gas
traffic
transportation
oil
economics
cars
NEFA
april 2008 by patrix
Home Prices Drop Most in Areas with Long Commute
april 2008 by patrix
The ones with short commutes are faring better than places with long drives into the city.
housing
economics
Planning
realestate
sprawl
Transportation
UrbanPlanning
NEFA
april 2008 by patrix
Renters squeezed by lack of affordable housing
september 2007 by patrix
In the Stamford area, a breadwinner needs to earn more than $30 an hour to afford the rent of a typical two-bedroom apartment
economics
urban
poverty
housing
rent
NEFA
september 2007 by patrix
Mechanisms and Impacts of Gender Peer Effects at School
august 2007 by patrix
Our results suggest that an increase in the proportion of girls [in school] leads to a significant improvement in students' cognitive outcomes.
economics
gender
NEFA
education
august 2007 by patrix
Buy Low, Divorce High
august 2007 by patrix
Economist Gary Becker showed that couples experiencing any unexpected, drastic rise in net worth are at risk of divorce.
economics
realestate
divorce
marriage
relationships
NEFA
august 2007 by patrix
Democratic Debate Spawns Weird Economics
august 2007 by patrix
Economic policy is one issue I strong disagree with Democrats on.
economics
politics
democrats
elections
NEFA
opinion
president
august 2007 by patrix
Unpaid Teens Bag Groceries for Wal-Mart
august 2007 by patrix
The mother of all loop-holes.
mexico
wal-mart
economics
Culture
children
NEFA
august 2007 by patrix
Harry Potter Economics
july 2007 by patrix
Why are the Weasleys poor? Why would any wizard be? Anything they need, except scarce magical objects, can be obtained by ordering a house elf to do it, or casting a spell, or, in a pinch, making objects like dinner, or a house, assemble themselves
economics
harrypotter
magic
books
NEFA
july 2007 by patrix
Why Black Kids Do Worse in School than White Kids
july 2007 by patrix
They [Fryer & Levitt] found that while black children lagged their white counterparts at three, there was little difference in mental function at age one.
education
economics
race
children
development
poverty
NEFA
july 2007 by patrix
Constitutional Conservatism on the Campaign Trail
july 2007 by patrix
When asked why so many people are eager to spread his message on their own without being paid for it, unlike the other campaigns, Paul just shrugs and says, “It just might be that Freedom is popular.”
conservative
constitution
economics
elections
unitedstates
ronpaul
NEFA
july 2007 by patrix
How much is an immigrant's life worth, exactly?
june 2007 by patrix
How do you justify a border fence? Why is it OK to consign millions of unskilled Mexicans to lives of desperate poverty? I'm told it's because Americans should care more about their countrymen than about a bunch of foreigners. OK, but how much more?
economics
ethics
poverty
immigration
NEFA
june 2007 by patrix
Is One Kid Enough?
april 2007 by patrix
Additional children seem to make mothers less happy than mothers with only one child
society
psychology
economics
NEFA
april 2007 by patrix
In the Real World of Work and Wages, Trickle-Down Theories Don’t Hold Up
april 2007 by patrix
trickle-down theory, which is supported neither by theory nor evidence, continues to stand in the way. This theory is ripe for abandonment.
economics
finance
NEFA
april 2007 by patrix
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