Why It's Important to Reward Stupid People
David Brooks, in his column, "Money for Idiots," writes today in the New York Times that although our economic system—and life in general?—is supposed to be based on the idea that one should be forced to live within the constructs of one's decisions, things haven't exactly worked out that way.
“We’ve made a hash of all that,” he writes. Bailouts now reward careless bankers, univentive automakers, and even those who bought homes they couldn’t afford. And the worst part, laments Brooks, is that it's exactly what we have to do to save the economy!
Brooks concludes that an economic landscape is a lot like a marriage. It's not about blame. It's about compromise. "We all know people who have been laid off through no fault of their own," he writes. "The responsible have been punished along with the profligate." In these situations, the government has no choice but to "stabilize people who have been idiots."
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A completely unexpected discovery beneath the ice.
- Scientists find remains of a tardigrade and crustaceans in a deep, frozen Antarctic lake.
- The creatures' origin is unknown, and further study is ongoing.
- Biology speaks up about Antarctica's history.
Eight-dimensional octonions may hold the clues to solve fundamental mysteries.
- Physicists discover complex numbers called octonions that work in 8 dimensions.
- The numbers have been found linked to fundamental forces of reality.
- Understanding octonions can lead to a new model of physics.
It's one factor that can help explain the religiosity gap.
- Sociologists have long observed a gap between the religiosity of men and women.
- A recent study used data from several national surveys to compare religiosity, risk-taking preferences and demographic information among more than 20,000 American adolescents.
- The results suggest that risk-taking preferences might partly explain the gender differences in religiosity.
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