Monthly Archives: January 2013

Here’s a Fad Diet For You

His body mass index went from 28.8, considered overweight, to 24.9, which is normal. He now weighs 174 pounds. But you might expect other indicators of health would have suffered. Not so. Haub’s “bad” cholesterol, or LDL, dropped 20 percent … Continue reading

Posted in science | 1 Comment

First Jewel Cases, now Ketchup Cups and Chinese Food?

Remember CD jewel cases? I still remember the day I learned that I’d been opening them wrong: with two hands when I should have only used one (this is such a dead technology that I can’t find a video…). Ok, … Continue reading

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Google’s Driverless Car

Everyone’s fired up again. This time, however, the debate is moving in a direction that I can relate to. Here’ Megan McArdle (who has obviously been catching up on my blog archive): Now I’m gloomy again. Why? Not because of the technology. And … Continue reading

Posted in insurance, politics (ugh) | 4 Comments

2012 In Jury Verdicts

Some detail on the top three jury verdicts in 2012 (#1 is 716m, a big increase from last year): The year’s massive top verdict [$716,500,000] was awarded against a convenience store for selling alcohol to a teenager who plowed into … Continue reading

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The Placebo Effect is a Placebo

Here is a post debunking the “standard placebo narrative”: that there is a magical mind-over-matter process going on that heals of of our ills. In other words, the placebo effect is real. What is measured in the placebo response includes … Continue reading

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Moral Hazard is Corporate Kryptonite

In *Thinking Fast and Slow*, Kahneman relates a story told to him by Richard Thaler. It goes like this: Once there was a gathering of executives from a large company. Each were asked about taking risky projects with a positive … Continue reading

Posted in economics, leadership | 2 Comments

An Important New Model For Stock Pricing

We’re geeking out today. Assets are priced differently and we don’t know why. Treasuries have different return characteristics than stocks, for example, and these characteristics change over time, even if the risks do not. Economists have a fancy term for … Continue reading

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