Targeting Meritocracy by Scott Alexander – Education and merit are different. Programming is one of the last meritocracies, this lets disadvantaged people get into the field. If a job is high impact we want to hire on merit. The original, literal meaning of meritocracy is important.
Politics and Economics:
War Of Wages Part 1 Apples And Walmarts by Jacob Falkovich (Put A Number On It!) – The Author thinks minimum wage hurts the poor. Walmart can’t afford higher wages. Copenhagan Interpretation of Ethics: Walmart helps the poor and gets blamed, Apple does nothing for the poor but avoids blame.
College Tuition by Tom Bartleby – Sticker prices for college have gone up 15K in twenty years, but the average actual cost has only gone up 2.5K. High prices are almost compensated by high aid. Advantage: more equitable access to education. Disadvantages: Not everyone knows about the aid, financial aid is large enough it can seriously distort family financial decisions.
Easier Chess Problem by protokol2020 – How many pieces do you need to capture a black queen?
Childcare II by Jeff Kaufman – A timeline of childcare for Jeff’s two children. Methods: Staying at home, Daycare, Au pair, Nanny.
Sally Satel On Organ Donation by EconTalk – “The challenges of increasing the supply of donated organs for transplantation and ways that public policy might increase the supply.” Tax Credits. The ethics of donor compensation.