Plain, raw oats are the ideal breakfast cereal because they are full of fiber and other nutrients and are cheap and easy to make. I’m a bit of a raw oatmeal fanatic. It has been my main staple for breakfast…
Yearly Archives: 2018
Democratic corporate governance
Are corporations authoritarian or democratic? Corporations are hierarchical institutions in which workers often feel like they are working within a communist dictatorship, but compared with privately-held companies, corporations are extremely democratic. A privately-held company can be owned by one person…
PBM: The healthcare bureaucrats that you have probably never heard of.
Most people have never heard of a Pharmacy Benefit Management company (PBM), but a PBM probably has tremendous control over the kinds of medicines you are prescribed and sets the prices you pay for them. It has been one of…
Posted in Health
Progress often means cheaper, not necessarily better
The best clothing you can get is “bespoke” clothing. Bespoke clothing is sewn by hand to fit each individual and because it is custom made, it can be designed with exactly the kind of cloth, colors, and shape that you…
How to demographically target marketing to achieve persuasion
Charles Duhigg wrote a fantastic article about habits and marketing for The New York Times Magazine based his book entitled Habit. You should read the whole thing, but below are some excerpts that are most relevant for marketing: Andrew Pole…
Posted in Managerial Micro, Public Finance
How did the printing press revolutionize the world?
Writing changed the world by allowing one author to communicate with thousands of people. Even though only a few readers could read at the same time, a writing is a memory that can be preserved without corruption for decades and…
Posted in Development
Myth, religion, and fascism
Yuval Noah Harari is the author of Sapiens: A Brief History of Humankind. The basic thesis of the book is: The truly unique trait of Sapiens is our ability to create and believe fiction. All other animals use their communication system to describe…
Posted in Philosophy and ethics, Public Finance
Medianism 