It’s summer and I’m catching up on my reading and one of the most intriguing things I’ve read in a long time is a working paper by Kaushik Basu, the Chief Economic Adviser to the Ministry of Finance of the Government of India. As everyone knows, India has a severe problem with bribery. Basu’s ingenious...
Consider the common airplane and it’s absurd carry-on baggage situation: Airline policy (at least according to their safety videos) is for passengers to store their heavier carry-on luggage below the seat in front of them and the lighter articles in the overhead compartment. This is, apparently, for your own safety. But have you ever been...