Tuesday, July 31, 2012

Evolution of Olympic records

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The Times has an excellent graphic that captures the changes in Olympic medal winning performances in swimming and track and field events ...
Friday, July 27, 2012

More on India's urban housing challenge

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FT points to this graphic from Bloomberg which highlights the exorbitantly high cost of housing in Mumbai. Though the absolute value of h...
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The magnitude of America's jobs market challenge in a graphic

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The June 2012 American jobs market report is further confirmation that the US economy is stalling. The economy added a meager 80,000 jobs,...
Wednesday, July 25, 2012

Prospect theory and financial incentives for teachers

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Daniel Kahneman and Amos Tversky formulated prospect theory to explain how real-world people evaluate losses and gains . In particular, t...
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Monday, July 23, 2012

Lowering corruption in the delivery of statutory certificates

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One of the commonest sources of corruption in India is in the delivery of statutory certificates by various government agencies. Every year...
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Saturday, July 21, 2012

Controlling institutionalized rent-seeking in engineering bureaucracies

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One of the most pernicious forms of corruption is the institutionalized rent-seeking chain that pervades engineering bureaucracies in India...
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Friday, July 20, 2012

China chart of the day

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Indications are that China's investment led economic growth is faltering. The precipitous boom in fixed asset investments, which touche...