IN WHICH Ross Rheingans-Yoo, a sometimes-poet and erstwhile student of Computer Science and Math, oc­cas­ion­al­ly writes on things of int­erest.

Reading Feed (last update: June 25)

A collection of things that I was happy I read. Views expressed by linked authors are chosen because I think they're interesting, not because I think they're correct, unless indicated otherwise.

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Blog: Marginal Revolution | What is the proper penalty for scientific fraud the culture that is China what would Gary Becker say? — "In April courts approved a new policy calling for stiff prison sentences for researchers who fabricate data in studies that lead to drug approvals. If the misconduct ends up harming people, then the punishment on the table even includes the death penalty."

Blog: Marginal Revolution | Regulation of Charlatans in High-Skill Professions — "Although both standards and disclosure drive charlatans out of the market, consumers are worse off because of the resulting reduction in competition amongst producers. Producers, on the other hand, strictly benefit from the regulation,

Lower Tuitions at Stanford

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Stanford's in the news today for: Stanford just made tuition free for families earning less than $125,000 per year. The news is usually accompanied by pictures of smiling students and balloons: ...and it usually takes the article in question a few paragraphs to get around to noting that: The announcement is an expansion of Stanford's old financial aid policy, which previously applied to students from families making less than$100,000 per year. (...)

...which raises the question: Just how many students at Stanford come from families with incomes greater than $100k and less than$125k? ...and just how desperately did those families need to have their tuition costs reduced from $\leq$$13.5k[1] to$5k[2]? (EDIT | A bird in my ear mentions that \$100k/yr puts you in the 80%tile of American families, which seems at least approximately-correct.)

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About a year ago, Ken Griffin