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Read the original post at Greg Mankiw's Blog ...

With Sacha Cohen in the news with his latest movie Bruno, I thought it might be worth reprising an older character of his, Ali G, and his interview with the prominent economist Charles Schultze.

Read the original post at Greg Mankiw's Blog ...

In my recent Times article on the possibility of a public option, I wrote

An important question about any public provider of health insurance is whether it would have access to taxpayer funds. If not, the public plan would have to stand on its own financially, as private plans do, covering all expenses with premiums from those who signed up for it.

But if such a plan were desirable and feasible, nothing would stop someone from setting it up right now. In essence, a public plan without taxpayer support would be yet another nonprofit company offering health insurance. The fundamental viability of the enterprise does not depend on whether the employees are called “nonprofit administrators” or “civil servants.”

The CBO is thinking along similar lines. In its most recent letter on heath reform plans, it says

The new draft also includes provisions regarding a “public plan,” but those provisions did not have a substantial effect on the cost or enrollment projections, largely because the public plan would pay providers of health care at rates comparable to privately
negotiated rates—and thus was not projected to have premiums lower than those charged by private insurance plans in the exchanges.

Read the original post at Greg Mankiw's Blog ...

If you have trouble keeping straight all the events of the past couple years, these timelines from the NY Fed will help you out.

Read the original post at Greg Mankiw's Blog ...

Here. They deliver anywhere in the continental United States. I particularly like their Mocha Chocolate Chip.

Read the original post at Greg Mankiw's Blog ...

The latest research from Angus Deaton and Raksha Arora (via Kevin Denny):

According to the Gallup-Healthways Well-Being Index daily poll of the US, taller people live better lives, at least on average. They evaluate their lives more highly, and they are more likely to report a range of positive emotions such as enjoyment and happiness. They are also less likely to report a range of negative experiences, like sadness, and physical pain, though they are more likely to experience stress and anger, and if they are women, to worry. These findings cannot be attributed to different demographic or ethnic characteristics of taller people, but are almost entirely explained by the positive association between height and both income and education, both of which are positively linked to better lives.

So why wouldn’t a utilitarian want to tax them to share the joy?

Read the original post at Getting In - BusinessWeek ...

Remember the Duke cheating scandal from a few years back?

If not, here’s a brief recap: In April 2007, school officials at Fuqua took disciplinary action against 34 of the school’s first-year MBA students—almost 10% of the class—for allegedly cheating on an open-book, take-home final in a core course. In all, 24 of the students were either suspended or expelled by the school. It was the largest episode of cheating in the school’s history.

At the time, it seemed like a devastating blow to a B-school that consistently found itself mentioned amongst the elite MBA programs in the country. But it turns out that the scandal has actually had a positive—and unexpected—result.

Read the original post at Getting In - BusinessWeek ...

Remember the Duke cheating scandal from a few years back?

If not, here’s a brief recap: In April 2007, school officials at Fuqua took disciplinary action against 34 of the school’s first-year MBA students—almost 10% of the class—for allegedly cheating on an open-book, take-home final in a core course. In all, 24 of the students were either suspended or expelled by the school. It was the largest episode of cheating in the school’s history.

At the time, it seemed like a devastating blow to a B-school that consistently found itself mentioned amongst the elite MBA programs in the country. But it turns out that the scandal has actually had a positive—and unexpected—result.

Read the original post at Wired: Danger Room ...

If you haven’t read Charlie Graeber’s incredible profile of the world’s most accomplished (and most grating) lock-picker, stop what are you’re doing, and click on over, now.  When you’re done, watch the videos of them popping open some of the world’s toughest-to-pick locks:

Read the original post at Wired: Danger Room ...

If you haven’t read Charlie Graeber’s incredible profile of the world’s most accomplished (and most grating) lock-picker, stop what are you’re doing, and click on over, now.  When you’re done, watch the videos of them popping open some of the world’s toughest-to-pick locks: