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Discussion Question
Imagine a world where everyone is equally risk-averse, and where there are two assets available: You can hold stock in an umbrella company, or you can hold stock in a sunscreen company. Depending on...
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A Little Perspective
As recently as a few months ago, doctors were held in high esteem and educated people believed that medicine could be useful. All that changed, of course, with the medical profession’s stunning failure...
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Amazon’s Bargemen
In early 20th century China, goods were frequently transported by barges pulled by teams of six men. The men were paid only if they delivered their goods on time. Therefore they all agreed to pull as...
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Life in Baltimore
Christopher Ingraham, writing in the Washington Post, points with alarm to a 20-year gap in life expectancies between the poorest and the richest Baltimoreans. This begs the question of whether that...
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