Predicting the Improbable
Great new paper from Voxeu on people's behavior around the unpredictable. In lotteries they tend to under-select recently drawn numbers, only to get for them in a big way if the number is drawn repeatedly. Reproduced here, with permission.
Predict...
End Times Ahead, Meteorologically Speaking
Texas Governor Perry today trying to out-Onion The Onion:
TO ALL TO WHOM THESE PRESENTS SHALL COME:
WHEREAS, the state of Texas is in the midst of an exceptional drought, with some parts of the state receiving no significant rainfall for almost three ...
Field Notes: OIl, Weather, Drought, Microsoft, iPhone, etc.
First Drought, Now Heat Impacting Kansas Wheat Fields (Source)
Strange Spring: Explaining This Year's Wild Weather(Source)
Oil Through the Ages | Maps (Source)
Era of 'tough oil' won't deter drillers (Source)
Revolutions and the price of bread: 1848...
Some Me Notes: Crisis, Gambling, Fiat Money, Goldman, etc.
A couple of my recent notes over at Bloomberg:
Flash: Goldman Sachs has clients! (Source)
The fiat money experiment has failed (Source)
The crisis in the flight to safety crisis (Source)
Online gambling: Where to from here? (Source)
Cormac McCarthy and Werner Herzog Talk
From last week's Science Friday, Cormac McCarthy and Werner Herzog. Remarkable to have them together talking art and science.
via sciencefriday.com
Ueli Steck Solo Speed Climb of Eiger
Ueli Steck's solo speed climb of the Eiger's North Face in 2008. Breathtaking -- especially at fullscreen HD.
Desperately Seeking Symmetry
New Radiolab podcast is out: Desperate seeking symmetry.
Field Notes: Lester Bangs, Porsche, Boston Marathon, China Crops, Bicycles, Poker, MBAs, etc.
Lester Bangs' Basement, or Why nothing's rare anymore (Source)
1985 Porsche 911 shift pattern as Los Angeles (Source)
Jane Jacobs on Cities (Source)
Wind and the Boston Marathon (Source)
The case for industrial real estate (Source)
The secret ratings ...
Allen on Gates on 60 Minutes
Controversial stuff, but Paul Allen on Bill Gates on 60 minutes:
Best quote from Allen is this one: I hope I don't end up in a hotel room watching Ice Station Zebra over and over.
One of Our Golfers is Missing
Like something from a B-movie jungle adventure flick, how pro golfer Kevin Na recorded a 16 on a par 4:
