The US spends more than $500 million per victim on anti-terrorism efforts. However, cancer research spending is only $10,000 per victim. Evolutionary psychology may offer an explanation for this irrational threat amplification.
The Wisdom of Crowds is about the aggregation of information in groups, resulting in decisions that are often better than could have been made by any single member of the group. The opening anecdote relates Francis Galton‘s surprise that the crowd at a county fair accurately guessed the weight of an ox when their individual guesses were averaged (the […]
FACT: Suicide terrorism is NOT primarily a product of Islamic fundamentalism. This is evidenced by the fact that 42% of suicide terrorist attacks from 1981 to 2000 were perpetrated by non-Muslims. Before the Iraq and Afghanistan invasions, the world’s leading practitioners of suicide terrorism are the Tamil Tigers in Sri Lanka. The Liberation Tigers of Tamil Eelam (LTTE) is a SECULAR Marxist-Leninist group primarily drawn from Hindu families. The […]
About $59 billion is spent on traditional social welfare programs. $92 billion is spent on corporate subsidies. So, the government spent 50% more on corporate welfare than it did on food stamps and housing assistance in 2006.
“Obama plans to slash deficit in half” is the title of this AP story. The attribution of fiscal responsibility to our current president is rather misleading. Here’s a graph from a Wall Street Journal article of the annual federal budget deficits over the last 30 years. Graph Source: http://online.wsj.com/article/SB123457407865686565.html Bush’s worst deficit was less than $500 […]