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Remember: Envy is a Deadly Sin

This morning, The Economist led with an interesting article about global income inequality.  The article discusses the prevalent view that income inequality is bad…

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The Economics of Toilet Seats

Up or down? The debate is as old as the toilet itself. Economist Jay Pil Choi constructed a game theoretic model, and it turns out…

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Don’t Believe Everything You Think!

A fascinating article in the New Yorker (September 13, 2010) by Jonah Lehrer describes how publication bias, selective reporting, and sheer randomness mistaken for causal connections can…