Rethinking Social Choices
Individual vs. Social Preferences The current theories or models all assume individual has complete and independent preferences over options when in fact individual preferences are never completely independent of social
Month: March 2020
The Economics of Pandemics
The latest issue of Economist (March 14th to 20th) has a cover story entitled “The politics of pandemics”. This blog instead is about the economics of pandemics. No other stories
A Few Unrelated Examples of Preinstitutions
The Hiring Problem and Pre-Screening Bias In HR, the law prohibits discrimination based on race, gender, age and sexual orientation. However, this is not actually happening in every hiring, because
From Furbizia in Italy to Guanxi in China
This NY Times piece on how Italians evade inconvenient rules should be familiar to all Chinese, where enforcement of rules and regulations is a big problem. The potential difference (only
Coronavirus & Globalization
This interesting piece from NY Times talks about how globalization is vulnerable to global outbreaks like the Covid-19. It is obvious that the backlash against globalization did not start by
Why China Is A Giant One Day and A Heap of Sand the Next
This Q&A published by the NY Times between a WHO (World Health Organization) expert team leader and the journalists about how China handles or prevents the further spread of the
The Fire Blanket Solution for Fighting Wildfire
Introducing my fire net idea for covering up and protecting buildings, cars, lawns and other properties …
A Perfect Real Life Example of Little Respect of Truth from Dealing with Covid-19
This website is in Chinese but presents a perfect example how in China truth and science has won little respect. There is this guy by the name Li, Yuehua, who