- Bryan Caplan checks the age-adjusted return on sheepskins. Fascinating. As someone who does a reasonable amount of interviewing/hiring in the IT industry...I can say that the amount of weight I put on a college degree is precisely zero. Usually, I don't read the resume that far down. Years of experience * conversation measured Tech-IQ. Further and further, the signaling (-only?) model of education seems overwhelming.
- Envy uber alles: Henderson finds a paper that measures the laffer curve on capital gains taxes. Apparently, counting ONLY capital gains (not secondary effects), the curve Maximum is just under 10%. RTWT.
- David Brin has a great BIG list of good sci-fi. his list is far better than the Reader's Digest one...what with being a sci-fi author and all.
- Robin Hanson praising religion. As per my recent fights with ImNotHerzog...it's pretty clear that religious people are happier. I'm moderately convinced that it's MOSTLY community + gratitude effects. I'm also convinced that for maximum hedonic benefit from religion, one should be either Mormon or Buddhist...with Mormonism maximizing near-term happiness for relatively low life cost (silly beliefs about magic underwear and sky gods), and Buddhism's meditation practices maximizing long-term joy at relatively high life cost (compassion meditation practice for 20 years). A goals-first kinda guy like me doesn't dispute the utility of religion...just the truthiness.
- Casanocha asks the question -- How do you deal with high talent folks who very simply will have other, better opportunities in the future. Great think.
- Isegoria finds important numbers: The real job market is informal, with no resumes, and only personal recommendations. At 80% of the market.
The virtue of excellence