In the face of climate change, Swiss ski resorts are coming up with novel ways to keep their snow and even to create more Source: SwissInfo The post How ski resorts hold on to their snow appeared first on The Big Picture.
There are potential horrible things in the future, perhaps your future or mine. Unthinkable illnesses, weird accidents, lightning bolts of misfortune at random moments. If you decide to focus on them, you can fill your days with despair. On the other hand, pretending that it's not stupid to text while driving, to swim during a thunderstorm or to ride a bike without a helmet is dangerous indeed. Our awareness of potential bad outcomes can cause us to make really good choices to avoid those outcomes. So, what's the difference between being concerned about an asteroid hitting the Earth and being aware of how dangerous driving a Corvair at high speed is? Here's the simple approach: How much would it cost you (in time, money, effort, distraction) to make yourself ten times less likely to be at risk? It turns out that wearing a helmet is a cheap way to avoid a lifetime spine injury. You get a 10x improvement for very little effort. Knowing about the risk is really helpful, and any time you're tempted to run the risk, remind yourself of its implications. On the other hand, the only way to becoming one-tenth as likely to die from choking on food is to stop eating anything but soup. Hardly worth it. If there isn't a way to improve your odds, it's not clear why it's worth a lot of time or worry. Worry is useful when it changes our behavior in productive ways. The rest of the time, it's a negative form of distraction, an entertainment designed to keep us from doing our work and living our lives.
The time is ripe for a movement to replace flawed mainstream economics...but what must it do to succeed?
In the first half of our live Thanksgiving show, historian and occult seeker Mitch Horowitz argued that gratitude can actually unlock a special power in your mind. In the latter half, author James Paris discussed ways to use prayer for a financial and personal recovery or breakthrough. He... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
This paper estimates the extent to which inequality in jobs found through friends can account for the aggregate wage gap between black workers and others in the US. Data from the NLSY79 are used to estimate a job search model in which individual productivity is distinguished from social capital by comparing the wages and frequency […] The post How much of the racial wage gap is due to differing job recommendations from friends? appeared first on Marginal REVOLUTION.
North Korea, the country we can't stop talking about, and Dictator Kim Jong Un are becoming more powerful everyday. But can he destroy America's power? The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
Mario Draghi was governor of Italy's central bank from 2005 to 2011, overseeing the now very sick banking system. Will his past haunt him?
Sources, further reading: -Holy Bible - King James Version: Revelation 2:9I know thy works, and tribulation, and poverty, (but thou art rich) and I know the blasphemy of them which say they are Jews, and are not, but are the synagogue of Satan. Revelations 3:9 Behold, I will make them of the... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]
TROLL OF THE YEAR: As veteran left-leaning media critic Jack Shafer tweets, “If Trump can destroy Time magazine’s stupid Person of the Year issue it will all be worth it.”
Maybe so, there is a new paper (pdf) on that question: This paper investigates how the adoption of unilateral divorce affects the gains from marriage and who marries whom. Exploiting variation in the timing of adoption across the US states, I first show that unilateral divorce increases assortative matching among newlyweds. To explain the link […] The post Does easy divorce lead to more assortative mating? appeared first on Marginal REVOLUTION.
If Lois Lerner – the former IRS employee who targeted conservative groups for IRS harassment – was smart, she should have kept her head down and her mouth shut. There are so many criminals to go after among the Clinton Crime Cabal – the CCC – that she may well have been forgotten all... [[ This is a content summary only. Visit http://FinanceArmageddon.blogspot.com or http://lindseywilliams101.blogspot.com for full links, other content, and more! ]]