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Showing posts from January, 2016

Book Review: The Secret of Our Success

Joseph Henrich begins his preface to The Secret of Our Success  by going over how his path through academia led him to write this book.  He started out getting dual bachelor degrees in anthropology and  aerospace engineering.  He worked as an engineer for a while before going back to school for his doctorate in anthropology.  Luckily the math from his engineering background came in useful when he got interested in evolution, population genetics, and how the tools from population genetics could be applied to cultural transmission.  I don't think this book could have been written by someone without such a broad background. It's easy to do a bad job talking about how evolution has influenced human behavior.  It's easy to find people bloviating with evolutionary explanations about the ways men and women act differently in our society.  But clearly you won't come to any success if the supposed human universal you're trying to explain is particular...

December Links

The idea of a  Basic Universal Income  has been talked about for a long time and has gotten support from such diverse sources as  Milton Friedman  and the  Pirate Party .  The idea is that everybody basically gets money from the government every month.  If that's less than they would have paid in taxes then their taxes are reduced but otherwise they get a check.  The problem with our current system is that its possible for someone making $20k a year to lose more than $10,000 in benefits if they get a raise to $30k a year though it isn't common.  What is common is that they face a very high effective marginal tax rate on that extra $10k and the poor and rich tend to be the most likely to change their behavior in response to tax rates since the poor have more opportunities to save money by doing things other than working and the rich are making enough anyways.  And unlike salaried middle class employees poor people usually have hourly wage...