Chapter 3 – Fairness and Inequality: What Money Can[‘t] Buy, Part 3

It’s been a couple of weeks since I last finished a chapter in Michael Sandel’s book, What Money Can’t Buy. I recently completed chapter 3 a couple of nights ago and there were some intriguing things to think about. Let’s get right to it! For me, there were two important parts to the chapter. The first is […]

Chapter 1 – When is it OK to Jump the Line: What Money Can[‘t] Buy, Part 1

I recently read a post from somewhere (I want to say that it was Farnam Street or Barking Up The Wrong Tree, but I’m not sure), that talked about “how” to read. That is, the essential point was that most of us don’t remember most of the things that we read. Instead, we read them […]

What Money Can[‘t] Buy – Everything and Nothing

Now that the semester has concluded, I can get to some of the reading that I have put off for some time. One of the books I’ve been excited to read for a while, but wanted to wait until I had time to chew over the issues discussed is a book by Professor Michael Sandel: […]

Ignore Sunk Costs: List of Biases in Judgment and Decision-Making, Part 1

It can be really fun to write a series of posts on a particular topic. By my count, I’ve done this at least seven times so far. Today, I’d like to start what I hope will be an oft-read series on biases in judgment and decision-making (to some, cognitive biases). Because of my background in […]

Wealth Distribution in America: It’s Not What Americans Think or Want

There were some interesting enlightening findings published last year from two well-respected researchers (Norton and Ariely) on the topic of wealth distribution. I remember seeing it last year when it came out and it being rather startling. I came across it again a couple of weeks ago and had it bookmarked to see if I could […]