Hatred and Profits: Getting Under the Hood of the Ku Klux Klan
The Experimenter
Raj Chetty, now 28, was a sophomore at Harvard University when he came up with the theory that higher interest rates sometimes lead to higher investment. It was a counterintuitive idea. Usually, companies invest less when rates rise because the higher rates increase the cost of capital. But Chetty found that some companies, in fact, invest more because they want to get revenue-generating projects off the ground sooner, rather than later, in order to pay down that costly capital more quickly.
That idea was so compelling that economist Martin Feldstein, who had been using Chetty to help with his own research, told him instead to go off and pursue his own ideas. “A professor likes nothing better than to have a brilliant research assistant,” says Feldstein, a Harvard professor who served as chairman of the Council of Economic Advisers under President Reagan and is CE O of the prestigious National Bureau of Economic Research. “But I realized Raj was quite unusual. His sophistication and ability to work through problems were just higher than even the best of undergraduates at Harvard.”
Order and Disorder
‘Super Crunchers’
Judging Colleges: An Economist's Tactic
How To Make More Babies
How to eliminate the black market in stolen antiquities
The bad economics of switching health-care plans.
So What Have You Been Maximizing Lately?
Rules vs. Authority in Central Bank (and Other) Policies-Becker
Harry Potter and the curse of headache.
The Edifice of Pinkerism
Time of your month
Hidden method of reading revealed;
Previously, researchers thought that, when reading, both eyes focused on the same letter of a word. But a UK team has found this is not always the case.
In fact, almost 50% of the time, each of our eyes locks on to different letters simultaneously.
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