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  • December 2010
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links for 2010-12-02

  • Quote:"This is confirmed when we correlate GDP growth rates against BAC limits. Countries with more liberal limits tend to have higher economic growth. Those restricting their population to the point they cannot "go out and have a drink" because it’s effectively illegal, have smaller (and in the case of Russia) shrinking growth rates, all of which results in a remarkably strong correlation coefficient of .43
  • Quote:"Did you know that medical students at the prestigious Mayo Clinic and the University of Minnesota are required to pay taxes on their residency work? In 2005, the Treasury Department issued a rule that eliminated the exemption from paying Social Security taxes for medical students who work over 40 hours a week.

    The Mayo Foundation of Rochester and the University of Minnesota are currently challenging this rule in the Supreme Court.

  • Quote:" you are under 25 you could be forgiven for being angry.

    In much of the developed world your parents' generation has run up huge government debts which you will spend your life paying off if you are lucky enough to get a job.

    The baby boomers will retire earlier and live longer, draining your income with their final salary pension schemes – something you will find impossible to attain.

    You are likely to find your education will see you rack up huge personal debts even though a university degree is now less likely to secure you a job when you graduate or get access to capital to start your own business.

    // Too late

  • // Surprised this isn't more common…

    Or maybe it is.

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