Oh, that kind of “stimulus package!” (New York Post)
More on the economists, this time Justin Wolfers (Freakonomics), versus Posner versus Romer (The Atlantic). Prior Lounge coverage: Conversations About Richard Posner And The People He Fights With, and More Conversations About Richard Posner And The People He Fights With.
You know times are bad when:
In Tijuana, they cut holes in the border fence to sell pieces as scrap, not to cross through to the U.S. (Boston Globe, via Paul Kedrosky)
Lawyer jokes are no longer funny (Andrew Sullivan), law students fight back against on-campus recruiters who are too happy with their newly-discovered market power (Above The Law), William A. Chamberlain (assistant dean for law career strategy and advancement at Northwestern) advise law students to accept their offers quickly, and Elie Mysal (Above The Law) advises them to accept all of their offers quickly, NALP police be damned.
Former adjuncts are arrested in the law school library with multiple guns and 53 rounds of ammunition (ABA Journal, via Paul Caron)
First, no shoes. Then bathroom charges. Finally, nothing in seat pockets. Paul Kedrosky asks what’s next, no humans on planes? (New York Times)
Insider Selling in August Soars to 30.6 Times Insider Buying, Highest Level Since TrimTabs Began Tracking in 2004. (TrimTabs via Abnormal Returns)
Things you probably didn’t need a study to tell you:
Clumsy or inattentive driving by motorists caused 90 percent of bike-car crashes in Toronto. (Freakonomics)
Papers in higher-ranked journals get cited more (Vincent Larivière & Yves Gingras, The impact factor’s Matthew effect: a natural experiment in bibliometrics, via Paul Caron).
Academics signal incompetence (Crooked Timber, HT: Jamie Boyle).
Kids lie . . . and fight over toys. (WSJ, via Tyler Cowen)
Alice Ristroph at Concurring Opinions on The Wheel of Justice.
Jonathan Adler at The Volokh Conspiracy on Can the FTC Regulate Lawyers As Creditors?
Jonathan Simon at PrawfsBlawg on Garrido, Parole, and the Criminological Fallacy.
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