This distinction is crucially important when considering the fate of the poor — many of whom lack full-time jobs — since there is a large and obvious difference between cutting someone a larger welfare check and arranging for her to get a well-paid job. But when the question is the rich, the distinction largely breaks down. That’s because the tax code structures even the “pre tax” incomes of very high earning people. Very high taxation of inheritances would mean fewer big inheritances, not more tax revenue. Very high taxation of labor income would mean fewer huge compensation packages, not more revenue. Precisely as Laffer pointed out decades ago, imposing a 90 percent tax rate on something is not really a way to tax it at all — it’s a way to make sure it doesn’t happen. If you believe systematically lower CEO compensation packages would mean a mass withdrawal of talent from the business world and a collapse of American industry, then those smaller pay packages could be an economic disaster. But the more plausible theory is that systematically lower CEO compensation packages would mean systematically higher compensation spending elsewhere in the corporate structure. Either more frontline workers or better-paid ones. The new tax code would redistribute value inside the corporate structure without anyone actually paying the new sky-high taxes.
is now as much about looking good as hearing good music
Once I figured out the difference between being self-conscious and being self-aware, my awkwardness gave me a superpower, also referred to as empathy.
BART police joint armed exercises today with TSA (VIPR?) at multiple stations. “Don’t panic,” says @KTVU! (via Twitter / marymad: OMFG BART police joint armed …)

BART police joint armed exercises today with TSA (VIPR?) at multiple stations. “Don’t panic,” says @KTVU! (via Twitter / marymad: OMFG BART police joint armed …)

The only cure for grief is action.
Since 1983, Larry Flynt has sent the monthly magazine he founded, Hustler, to each and every member of Congress.
It doesn’t take a rocket scientist to recognize this as the awful idea that it is. While Michael talks about how safe and gentle and scientifically sound all this is, I watch stick-straight clumps assume position against my scalp and a siren is sounding in my head. It’s the “bad decision; abort” siren and it’s pretty distinctive. But above that siren is the sound of another, much louder siren. This is a siren I didn’t even know my brain possessed. It’s the “wow, much hair” siren, and it is less of a siren and more of a drooling, slack-jawed, masturbating man mesmerized at the two and half a feet of locks appearing where there once was only one, and a boner-killing curly one at that. The masturbating man somehow disables the legitimate alarm.
via @asymco’s Innoveracy: Misunderstanding Innovation:

The definition of innovation is easy to find but it’s one thing to read the definition and another to understand its meaning. Rather than defining it again, I propose using a simple taxonomy of related activities that put it in context.
Novelty: Something new
Creation: Something new and valuable
Invention: Something new, having potential value through utility
Innovation: Something new and uniquely useful

via @asymco’s Innoveracy: Misunderstanding Innovation:

The definition of innovation is easy to find but it’s one thing to read the definition and another to understand its meaning. Rather than defining it again, I propose using a simple taxonomy of related activities that put it in context.
  • Novelty: Something new
  • Creation: Something new and valuable
  • Invention: Something new, having potential value through utility
  • Innovation: Something new and uniquely useful
In the spring of 2009, after the panel issued its third report, critical of the bailout, Larry Summers took Warren out to dinner in Washington and, she recalls, told her that she had a choice to make. She could be an insider or an outsider, but if she was going to be an insider she needed to understand one unbreakable rule about insiders: ‘They don’t criticize other insiders.’
I think this happens only in Tehran. Some people get paid to walk behind your car, so the traffic cameras can not capture your plate number when you enter the restricted traffic areas! (via (24) Alireza Behrooz’s answer to Jobs: What is a job that exists only in your country? - Quora)

I think this happens only in Tehran. Some people get paid to walk behind your car, so the traffic cameras can not capture your plate number when you enter the restricted traffic areas! (via (24) Alireza Behrooz’s answer to Jobs: What is a job that exists only in your country? - Quora)

To counter both the crisis in public education and the high cost of housing, Warren and Tyagi recommend a universal public-school voucher system in which parents could send their kids to any public school: “An all-voucher system would be a shock to the educational system, but the shakeout might be just what the system needs.”
In fact, people with the lowest blood sugar levels stuck more than twice as many pins in the voodoo dolls, compared with people with the highest levels, the researchers found.
It is by acts, and not by ideas that people live.
I prefer the folly of enthusiasm to the wisdom of indifference.
Innocence most often is a good fortune and not a virtue.