incentives

Here’s the psychology that explains why many economists prefer to be narrowly right yet broadly wrong (they suffer from professional “rigor distortis”).

The Tokyo-based company is located on the 29th floor of a building, meaning all smoking breaks take at least 15 minutes.

Why do first-world ailments get cured faster than global health crises? Because Big Pharma doesn’t serve sick people, it serves rich people—let’s change that.