Raj Chetty’s plan

by Dell and WCE

The Economist Who Would Fix the American Dream
No one has done more to dispel the myth of social mobility than Raj Chetty. But he has a plan to make equality of opportunity a reality.

WCE has this comment.

I enjoyed this article on how economist Raj Chetty is using big data to identify areas of opportunity in the United States. I especially appreciate how his work is bipartisan and how he’s trying to keep it that way. While I don’t think we understand the laws of economics as well as we understand the laws of physics, I believe there are negative consequences to violating either, due to unintended consequences. Chetty wants us to improve society for the long-term in ways that obey the laws of economics.

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Patients and expensive health care

by WCE

On why the U.S. leads the world in health spending:

The Worst Patients in the World
Americans are hypochondriacs, yet we skip our checkups. We demand drugs we don’t need, and fail to take the ones we do. No wonder the U.S. leads the world in health spending.

On alert

by WCE

This malware article made me think of “the other 1%”- the activities of people, including rogue governments, bent on destruction. As humans, we don’t think about protecting ourselves, militarily and otherwise, because we don’t want to assume the worst about people, but often we should- and budget to protect ourselves.