Levitt breaks down a collection of data gathered about inner-city gangs and shows that there is surprisingly little money in lower ranks of the drug world.
Steven Levitt: Why do crack dealers still live with their moms? (TED)
Levitt breaks down a collection of data gathered about inner-city gangs and shows that there is surprisingly little money in lower ranks of the drug world.
Steven Levitt: Why do crack dealers still live with their moms? (TED)
A not so interesting update on the very interesting topic of Google’s self-driving cars.
Hartford describes ways in which Trial and Error development trumps the God Complex method of development (i.e. bringing in a smart person who has all the answers). Instead of looking for the ‘single best’ answer (which Hartford shows has failed time and again), he encourages a use of the old-fashioned ‘trial and error’ (which Hartford shows generally succeeds).
A cool demonstration of what the future may bring: a device that can read your brainwaves.
Michel uses math to map history. Interesting and short.