Did the Rooney Rule Really Work?
Last week, Tobias J. Moskowitz and L. Jon Wertheim wrote a guest post about black coaches in the NFL and the introduction of the Rooney Rule, which requires teams to interview at least one minority applicant when filling head-coaching spots. Moskowitz and Wertheim concluded that the policy change was successful: “The league achieved its aim. By 2005, there were six African-American coaches in the NFL…” Read More »
Communism and the Market
The Economist reports that the city of Shanghai has been auctioning car license plates. The average auction price has recently been $6,900, truly remarkable considering average family income in China, and even in Shanghai. The number of plates given out in 2011 will be reduced further in an attempt to reduce gridlock and pollution (both of which my experience several years ago in Shanghai suggests are world-class). Read More »
The Hidden Side of Trash in Taipei
Our recent podcast about the economics of trash featured a story about an American grad student living in Taipei. He discovered that that city had an unusual trash-collection style: instead of putting your trash out at a curb or in a dumpster, you’d have to bring your trash out at a certain hour to deposit it directly in a municipal trash truck, which might be playing Beethoven to announce its arrival. Read More »
