Monday, October 22, 2007

The Finger Points Outwards - No.4

Some interesting articles from the past couple of weeks, all of them economics-based:

Why gold-digging is a tough line of work.

Hurwicz, Maskin and Myerson shared the Nobel prize in Economics for their research into 'mechanism design'. While I'm still not sure I know exactly what that means, this article from the Economist helped me to understand it better than most.

Hillary Clinton has suggested that every newborn should be given $5000 that would accumulate interest and be available once the person turned 18. Marginal Revolution considers the economics of this proposal.

And finally, why it's better to be Santa than Scrooge.

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