Tuesday, May 05, 2009


1. Would pedestrians be safer if cars were required to have spikes on the bumper?

2. An observer of the UAE sends this link with a suggested title: a collusive oligopsonistic development? The gist of the story is that the seven taxi companies in Abu Dhabi are adopting "to unify their pay structures and hiring processes in an attempt to attract drivers to the capital and curb discontent once they arrive" and we are supposed to believe this is good for the drivers. But see the definition of oligopsony.

3. Risque business in Pakistan.

4. A sample chapter from the new principles book by Cowen and Tabarrok. Recommended.


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