HarryHirsch
Joined 14 years ago
Joined 14 years ago
Also - less financialization. In US, a statistician goes to work for any 3-letter agency or high finance. In a less financialized economy they might devote themselves to crystallography instead.
His shtick is real estate investment, of course he wants to see Joe Public buy a starter home. The trouble is: real estate as a government-guaranteed investment vehicle is what brought us the housing affordability crisis.
It serves to have an underclass that politicians can dump on, it seems.
If behavioural economics or political economics were taught instead, anything with models that have explanatory power it would be viewed as lefty and revolutionary, and that would really upset donors. Consequently we are stuck with homo oeconomicus.
The arguing about having a constitutional right to drive bad boggles the mind, road deaths in the US are high, compared to civilized nations. Wikipedia states it's 14.2 deaths per 100000 inhbitants, that's between Sierra Leone (13.8) and Angola (15.0). For comparison, India has 12.6 traffic deaths per 100000 citizens and the worst country in Europe is Greece at 6.1.
The right metric is death per citizen, not per mile, because it's about the number of people who have lost a family member or friend.
When you get around exclusively on two wheels (motorcycle and bicycle) bad drivers are a direct safety threat. Even cagers ought to be careful about being permissive with red light running, side-on crashes are remarkably deadly for the one who got hit in the door because there is not much structural protection or space on the side of the vehicle.