Accidental Deliberations: Sunday Morning Links

Assorted content for your Sunday reading. – Tim Harford discusses how insurance and other industries are built on exploiting people who are risk-averse due to the inability to absorb substantial costs as “money pumps” for those who have more than they need: (L)et’s step back and ask ourselves what insurance is for. Classical economics has ...

Accidental Deliberations: Sunday Morning Links

This and that for your Sunday reading. – Paolo Giuliano and Antonio Spilimbergo study (PDF) how the economic conditions an individual’s youth influence enduring values – and find that the experience of an economic shock tends to lead to a greater appreciation of a fair redistribution of resources: Consistent with theories of social psychology, this ...

Accidental Deliberations: Monday Morning Links

Miscellaneous material to start your week. – Branko Milanovic points out how the commodification of our interactions may create an incentive for short-term exploitation: Commodification of what was hitherto a non-commercial resource makes each of us do many jobs and even, as in the renting of apartments, capitalists. But saying that I work many jobs ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your weekend reading. – Yvan Guillemette discusses the need for public-sector investment in economic development to make up for the massive amounts of private capital sitting idle. And Daniel Kahnemann challenges the theory that corporate decision-making is either rational or directed toward optimal outcomes: “You look at large organizations that are supposed ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your weekend reading. – CBC follows up on the connection between childhood poverty and increased health-care costs later in life. And Sunny Freeman points out how the living wage planned by Rachel Notley’s NDP figures to benefit Alberta’s economy in general. – Meanwhile, William Gardner laments our lack of accurate information on ...

Accidental Deliberations: Now we’re just haggling over the price

Others have rightly wondered whether the Wildrose Party’s new promise to make floor-crossing MPs pay a price to the party will be enforceable at all. But it’s also worth examining how it might affect MLAs’ decision-making – with the result potentially being the exact opposite of what Brian Jean intends. Previously, the bar to Wildrose ...

Accidental Deliberations: Wednesday Morning Links

Miscellaneous material for your mid-week reading. – Joe Fiorito discusses the spread of income inequality in Canada. And Doug Henwood reviews Thomas Piketty’s Capital in the 21st Century, while wondering what will follow from the empirical observation that accumulated wealth tends to perpetuate itself to the detriment of most of the population: The core message ...

Accidental Deliberations: Saturday Morning Links

Assorted content for your Saturday reading. – Rick Salutin writes about the need for the labour movement to better promote its contribution to the general public – and my only quibble is that I’d prefer to see a focus on what still can be (and needs to be) done rather than past victories: (W)hy don’t ...

Accidental Deliberations: On default positions

Dan Ariely comments on how the normalization of cheating can produce a cascading effect: The consequences of this sort of cheating are even more severe when the network of contagion is larger. We see this when we look at Greece, where masses of people have been cheating a little bit everywhere, and it’s all added ...