It’s Their Fault

A great Economist article.
I think in a couple decades, though, we’ll be saying the endowment effect is obsolete. It seems like only a matter of time: at least when it comes to media, we are moving confidently and happily from “possessing” media (CDs, DVDs, etc.) to having universal access to a sort of shared [...]

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Kristof offers a chance at redemption.
Boomers just may be remembered more for what they did in their 60s than for what they did in the Sixties.

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A new study…
A recent University of Chicago sociology study compared the results of happiness surveys going back more than 30 years and found that boomers have never been happy. In 2004, 28 percent of respondents born in 1950 considered themselves “very happy,” compared with 40.2 percent of those born in 1935. Back in 1972, [...]

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Today the Wall Street Journal takes a just-in-the-nick-of-time look at one of the Boomers’ few positive contributions to the country: they spawned a generation of ruthlessly meticulous folders.
Phil Walmsley, 24, of Vancouver, still uses the plastic folding board he stealthily slipped into his backpack on his last day of work at Club Monaco five years [...]

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Those ancestral themes past which so many generations have slept like sea-going winds over pastures - the broil of politics, clangorous industry, social banalities (softened by the solicitude of untiring and anxious love) -  can be properly vivified only with felicitousness in the choice and exquisiteness in the collocation of words.
For help with that, click [...]

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A flurry of posts today about connections to go along with last week’s post.
From lhote:
…on a basic level, when someone gets hooked up for a job, both egalitarianism and efficiency are damaged. The way it’s supposed to work is, if you are a superior candidate, you get the job– and your hard work/talent are rewarded. [...]

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But with each passing year, the pressures on the nest eggs of those older people will only grow. The truly rich will be fine, as they usually are. But a lot of other people, even retirees with net worths well into the seven figures, could end up spending every dime before they die.
From the Times.

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A good Newsweek article.

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McCain doesn’t like feeling old.
The old-fashioned internet.
The 20-something alternative to old-fashioned network TV.

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Obama takes the Bill Cosby angle.
Gandhi for the globalization era.
How we read now.

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