Monthly Archives: October 2019

Bending the odds with social policy

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Anisela-and-Roberto

I became familiar with the work of two of the most recent winners of the Nobel Prize in Economics about seven years ago when I started volunteering with Outreach International, a non-profit organization that works in ten countries around the world to help communities find sustainable solutions to end extreme poverty. Nobel awardees Abhijit Banerjee and Esther Duflo wrote an… Read more »

Schlemiels, schlimazels, probability and free will

Laverne & Shirley

“The brain is a machine that remembers the past in order to predict the future.” — Dean Buonomano [1] Schlemiel and schlimazel are two Yiddish words known to many only by their mention in the theme song to the old television show Laverne and Shirley. In the classic definition, the schlemiel is the bungler who is always spilling soup on… Read more »

The bottom-up capitalism of Elizabeth Warren

I have lived and worked in Europe in past years, and we still visit regularly. Contrary to the views of Americans who never have traveled there, “classic capitalism” is alive and well in small communities across supposedly “socialist” northern Europe, and they are often far healthier than many U.S. communities of similar size. Small-business entrepreneurship is commonly evident and the… Read more »