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Links for 2016-10-30 []

Monday, October 31, 2016 0:34
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  • Public Housing Isn’t Wasted on the Poor – Bloomberg View
    So while many people look at housing projects and see disaster areas, what they’re really just seeing is the negative effects of poverty itself. Both housing projects and the newer voucher system really make it easier for poor people to invest in their kids’ futures. Over time, these programs help the U.S.’s most destitute citizens the boost they need to climb out of their bad situations.
  • How the Free Market Breaks Down Discrimination, David Henderson | EconLog | Library of Economics and Liberty
    This story of how the free market broke down discrimination may sound trivial. If it just had to do with my hot dog, it would be. But the story illustrates a much wider and crucial point: Markets are especially good at breaking down discrimination when what is exchanged is goods rather than labor. Think about how little you know about the politics, race, gender, or even nationality of the person who makes the bread you buy. You don’t know because you don’t care. What you care about is getting the best deal on bread, and even if this means buying it from someone whom you would hate, you’ll still buy the bread. That’s why, for example, even book stores whose owners and employees detest Rush Limbaugh still displayed his books prominently. By trying to hide the books, which apparently some stores did for a short time, they would pass up precious sales.
  • Where should you move to live longest? – The Unz Review
    Rather, most of the variation in life expectancy across areas was related to differences in health behaviors, including smoking, obesity, and exercise. Individuals in the lowest income quartile have more healthful behaviors and live longer in areas with more immigrants, higher home prices, and more college graduates. …
  • GM Crops Not Increasing Yields – Marginal REVOLUTION
    Limited benefit.
  • Yet Another Reply to Huemer on the Ethical Treatment of Animals, Bryan Caplan | EconLog | Library of Economics and Liberty
    However, it’s also very plausible to me that the gap in intelligence between cows and the average human is so enormous that even a linear value function would yield similar results.  This is trivially true on a conventional IQ test, where all bugs and cows would score zero.  But it seems substantively true for any reasonable intelligence test: Bugs’ and cows’ ability to evaluate or construct even simple logical arguments stems from their deficient intellects, not inability to communicate.  Or at least that seems clear to me.
  • School Is to Submit: My Critique, Bryan Caplan | EconLog | Library of Economics and Liberty
    Defending the signaling model.
  • 8 Things Every Teen Should Do in Hong Kong
    Hong Kong recommendations.
  • Why Dining Out Has Gotten So Expensive – The American Interest
    The results of these costs are not happy ones for restauranteurs or for consumers. As the Times notes, the number of restaurants shrank in New York in 2015, and more and more of people’s dining out dollars are spent at deeper-pocketed chains. It’s very difficult to weather business cycles and adapt to changing tastes as an independent restaurateur. For consumers, the challenging environment means fewer and more expensive options.
  • Bobby Jindal’s Approval Ratings Don’t Reflect His Legacy in Louisiana
    On Bobby Jindal’s overall successful legacy.
  • What happens when an aircraft breaks the sound barrier? – Scientific American
    Because the propagation speed of sound waves is finite, sources of sound that are moving can begin to catch up with the sound waves they emit. As the speed of the object increases to the sonic velocity (the local velocity of sound waves), these sound waves begin to pile up in front of the object. If the object has sufficient acceleration, it can burst through this barrier of sound waves and move ahead of the radiated sound. The change in pressure as the object outruns all the pressure and sound waves in front of it is heard on the ground as an explosion, or sonic boom.


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