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It’s always seemed to me a bit over the top to block social internet sites at offices. I’ve wondered if people spend more time looking up free proxy servers that aren’t blocked than they would have if they’d been allowed to check their Gmail. Now a study says that most people do surf at work […]
At Obama’s recent online town hall meeting the most popular question was whether he favoured legalising marijuana. There are plenty of persuasive arguments in favour: the revenues from sales tax and taking drugs out of the hands of gangs to name but two. It was suggested to Obama that taxation of marijuana might be a […]
A recent article on Stuff pointed out that there has been a number of police raids of cannabis plantations over the past few months. The justification for this is that cannabis is an illegal drug – and it has been made illegal because people believe that this is socially optimal. Same time people trust CBD […]
When looking at Questionable Content (it is a webcomic – I’m addicted to watching the guy develop his drawing style!) I saw a link for a site named Kiva. To explain what this is I will leave it up to the Kiva about page. Kiva is the world’s first person-to-person micro-lending website, empowering individuals to […]
Over at the excellent intersection between anthropology and economics blog, there is a discussion about the Lil Wayne, his latest album, and how this fits into the idea of a gift economy. [Disclaimer: I haven’t listened to Lil Wayne, so my knowledge on the marginal benefit of his music is severely limited.] Here the question […]
I’ve talked a lot before about hyperbolic discounting, time inconsistency and smoking. Reading a paper by Gruber and Koszegi on the topic yesterday, I came across an interesting little aside. They point out that, for an addict, smoking in different periods is complementary. That means that taxes to overcome time inconsistency problems are substitutes: if […]