The Equality of Opportunity Project has a new data set about the earnings of college graduates and the incomes of their parents which I used for the following table. I selected the schools that my 18-year old has visited (underlined below) as…
Yearly Archives: 2017
Bluffton University does a great job of producing upward mobility for our median student
Posted in Medianism
The end of the efficiency-equity curve
Updated January 15, 2024 In rich nations, inequality dramatically dropped during the first decades of the 20th century and although inequality has been creeping up again over the past half century (especially in the US) it has remained lower than…
Double miracles: corn & nixtamalization
Corn (called ‘maize’ in European English) is a miracle grain that is more productive than any other under a wide variety of ecological conditions. Only sugar cane, rice sweet potatoes and “Irish” potatoes rival corn at producing the most calories…
Posted in Development
Is it dangerous for a business to follow a moral philosophy other than maximize profit¿
Mark Zuckerberg wrote a 6,000-word manifesto on the history of humanity and how Facebook will shape humanity’s future. Zuckerberg’s manifesto has been subjected to a large backlash among the intelligentsia of the internet, and although it has problems, I’m glad he…
Posted in Managerial Micro, Public Finance
The Democrats are out of control. #2: Health status.
The New York Times reports that President Clinton may have lied about her health during the campaign when she claimed that she only takes an aspirin and a single prescription drug. Her doctor revealed today that she has been taking…
Posted in Public Finance
Bad stories lead to bad healthcare policies
US Representive Phil Roe is considered an expert on healthcare by his peers. He co-chairs the Republican Doctors Caucus and the Republican Study Committee asked him to come up with a plan to replace Obamacare. In a recent interview about his…
Posted in Health
The Democratic Party is out of control!
In an unexpected by turn of events, Hillary Clinton assumed the American presidency last week due to a narrow election win that surprised pollsters and most experts. There were mass protests by conservatives during the inaugural weekend as they feared…
Posted in Public Finance
Medianism 