Baumol's cost disease. Baumol's cost disease (also known as the Baumol Effect) is a phenomenon described by William J.
Baumol and William G. Bowen in the 1960s. It involves a rise of salaries in jobs that have experienced no increase of labor productivity in response to rising salaries in other jobs which did experience such labor productivity growth. This seemingly goes against the theory in classical economics that wages are closely tied to labor productivity changes. The rise of wages in jobs without productivity gains is caused by the requirement to compete for employees with jobs that did experience gains and hence can naturally pay higher salaries, just as classical economics predicts. Thomas Piketty's Capital in the 21st Century. To sum up: modern growth, which is based on the growth of productivity and the diffusion of knowledge, has made it possible to avoid the apocalypse predicted by Marx and to balance the process of capital accumulation.
But it has not altered the deep structures of capital -- or at any rate has not truly reduced the macroeconomic importance of capital relative to labor. I must now examine whether the same is true for inequality in the distribution of income and wealth. How much has the structure of inequality with respect to both labor and capital actually changed since the nineteenth century? How simple ideas lead to scientific discoveries - Adam Savage. Piketty.pse.ens.fr/files/PikettyZucman2013Slides.pdf. Thomas Piketty - capitalisback. Capital is Back: Wealth-Income Ratios in Rich Countries 1700-2010 Thomas Piketty & Gabriel Zucman List of Files - July 2013 (updated, December 2013) This research is available in two formats: long version (full-length working paper version, including data appendices), or short version (article version published in QJE, 2014).
Piketty, T., and G. Zucman, "Capital is Back: Wealth-Income Ratios in Rich Countries, 1700-2010", Paris School of Economics, 2013 [working paper (pdf) (71p.)] Piketty.pse.ens.fr/files/capital21c/en/Piketty2014TechnicalAppendixResponsetoFT.pdf. Have we been dramatically underestimating elephant intelligence? World Economic Outlook (WEO): Hopes, Realities, and Risks, April 2013 - text.pdf. Yerkes & Dodson (1908) Classics in the History of Psychology An internet resource developed by Christopher D.
Green York University, Toronto, Ontario (Return to Classics index) Is Wine Bullshit? A Lafite Rothschild Bordeaux sells for a minimum of around $500 a bottle, while humble brands like Charles Shaw and Franzia sell for as little as $2.
But as far as “wine economists” are concerned, the level of correlation between the price of a bottle of wine and its quality is low or nonexistent. In a number of damning studies, they suggest that wine is not just poorly priced, but that the different tastes we describe in wine may all be in our heads. A 2008 paper in The Journal of Wine Economics, for example, found that when consumers are unaware of a wine’s price, they “on average enjoy more expensive wines slightly less [than cheap ones].” Cognitive bias. A cognitive bias is a pattern of deviation in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion. Individuals create their own “subjective social reality” from their perception of the input. An individual’s construction of social reality, not the objective input, may dictate their behaviour in the social world. Thus, cognitive biases may sometimes lead to perceptual distortion, inaccurate judgment, illogical interpretation, or what is broadly called irrationality. Some cognitive biases are presumably adaptive.
Johari window. Johari window Johari window as Venn diagram depicting intersection between a+) "Known to self" and a-) "Not known to self" on one hand, and on the other hand, b+) "Known to others" and b-) "Not known to others", with c showing the intersection containing four windows (or rooms) The Johari window is a technique created by Joseph Luft and Harrington Ingham in 1955 in the United States, used to help people better understand their relationship with self and others.
It is used primarily in self-help groups and corporate settings as a heuristic exercise. When performing the exercise, subjects are given a list of 56 adjectives and pick five or six that they feel describe their own personality. Peers of the subject are then given the same list, and each pick five or six adjectives that describe the subject.
World War II Did Not End the Great Depression - Art Carden. [This article originally appeared in the June 2009 issue of the Freeman as "The Great Depression and World War II.
" An MP3 audio file of this article, narrated by Keith Hocker, is available for download.] The current economic climate has a lot of people talking about the Great Depression. In particular, it has been said by people of divergent political views (George Will and Paul Krugman, for example) that World War II ended the decade-long economic nightmare. Examining this claim is worthwhile because it has implications for whether government intervention generally — and in connection with war specifically — are good for the economy. How to Read Body Language to Reveal the Underlying Truth in Almost Any Situation. Hilarious Experiment On Monkeys. New study says American families are overwhelmed by clutter, rarely eat together, and are generally stressed out about it all. Tell me about it.
That sums up Boston parents’ reaction to new research by UCLA-affiliated social scientists concluding that American families are overwhelmed by clutter, too busy to go in their own backyards, rarely eat dinner together even though they claim family meals as a goal, and can’t park their cars in the garage because they’re crammed with non-vehicular stuff. The team of anthropologists and archeologists spent four years studying 32 middle-class Los Angeles families in their natural habitat — their toy-littered homes — and came to conclusions so grim that the lead researcher used the word “disheartening” to describe the situation we have gotten ourselves into.
Euro 2012: les tirs au but ne sont pas une loterie | Euro 2012 direct. «Roulette russe» ou «loterie»: si vous entendez ces mots à la télévision pendant un des sept derniers matches de l'Euro, c'est sans doute que, comme cela est déjà arrivé à treize reprises depuis 1976, il se termine par une séance de tirs au but.
«Loterie»? En se fondant sur l'analyse des quelques centaines de tirs au but tirés en Coupe du monde, à l'Euro ou en Ligue des champions, des chercheurs essaient de démontrer le contraire depuis une quinzaine d'années à coup d'indicateurs statistiques, et mettent parfois leur savoir au service des équipes. Les data en forme. Dans la veille des journalistes de données d'OWNI cette semaine, carbonisez-vous un peu les yeux sur les cartographies puis partagez les doutes de nos confrères de la presse britannique avant d'explorer les fonds sous-marins et les encoignures des web-séries... Les data en forme, c'est le rendez-vous hebdo du data-journalism. Une cartographie, des données sur les émissions de CO2, un titre plutôt bateau : The Carbon Map n’avait a priori pas grand chose pour attirer notre attention. Mais nous aurions eu tort de passer notre chemin : créée à l’occasion du concours de la Banque mondiale “Apps for climate”, ce projet concilie visualisation limpide et traitement en profondeur du sujet – et ce n’est pas si fréquent.
The Carbon Map utilise la technique de l’anamorphose qui modifie les frontières et donc le poids des pays selon son classement sur un indicateur précis. Jer Thorp: Make data more human. Who Lived in Your House in 1940? Here’s a splendid diversion if you’re a data nerd, a history buff, or even just like good detective work: Tell the story of the family that lived in your house in 1940. A bit more background. If you are in the United States, you probably remember participating in the Decennial Census in 2010.
These forms are kept confidential for 72 years—roughly an average American’s life span. But this same rule means that today (actually, a couple of days ago), the 1940 Census results became public information. The good folks at the National Archives have scanned all of these census forms, and put them all online. Perry-Castañeda Library Map Collection - UT Library Online. The Project Gutenberg eBook of Buccaneers and Pirates of Our Coasts, by Frank Richard Stockton.
The God issue: New science of religion. (Image: Richard Wilkinson) Can't live with him, can't live without him. In a special series of articles we lay out a new vision that resets the terms of the debate In our enlightened world, god is still everywhere. In the UK, arguments rage over "militant atheism" and the place of religion in public life.
Philosophy. Droit. Economie. Appinions. Maslow Self Actualization - unlearn. "Self Actualization is the intrinsic growth of what is already in the organism, or more accurately, of what the organism is. " Abraham Maslow Maslow studied healthy people, most psychologists study sick people. The characteristics listed here are the results of 20 years of study of people who had the "full use and exploitation of talents, capacities, potentialities, etc..
" Paul Ekman. Paul Ekman. F.A.C.E. Training | Home. Détection des mensonges. Résultats Google Recherche d'images correspondant à. Michael Sandel. Barry Schwartz on the paradox of choice. Ancestry5_large.jpg (3000×1536)
Des images dans la tête… The Easter Island “Heads” Have Bodies.