Archive for the “Economics” category
Lawyers
by adam on January 26, 2010
70% of Lawyers who have ever lived are alive today (roughly the same, but even higher for scientists and engineers interestingly enough). – Paul Kedrosky
Is this a reason to be optimistic or sign of a bubble forming?
This can’t be good…
by adam on January 7, 2010
In the third quarter, and this was with the benefit of a 3.6% lift in property taxes (amazing), tax receipts at the lower levels of government fell 7% in Q3 from a year ago. Sales taxes are down 9% (seems [...]
Parkinson’s Law
by adam on November 22, 2009
Parkinson’s Law is the adage first articulated by Cyril Northcote Parkinson as the first sentence of a humorous essay published in The Economist in 1955:
Work expands so as to fill the time available for its completion
In Software:
Software Bloat: Data expands [...]
Measurability = Accountability
by adam on October 31, 2009
Hypothesis: In organizations where performance can be directly measured, compensation approaches the fair market value of the output generated from such performance.
Case 1: Professional Athletes
The general consensus among sports fans is that professional athletes appear grossly overpaid. How can [...]
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