Assorted bytes (and links)

1) National Public Radio is touting an automatic renewal pledge as part of its pledge campaign. If you’ve been listening in the Chicago area, the pledge announcers claim it may cut down on the length of future pledge campaigns by 50 percent. Not to mention, less paper mail.

2) What’s the personality of the Nudge blog? Mechanic. That’s from Justin Wehr, using Typealyzer to categorize blogs he reads. Mechanics are

The independent and problem-solving type. They are especially attuned to the demands of the moment and are masters of responding to challenges that arise spontaneously. They generally prefer to think things out for themselves and often avoid inter-personal conflicts.

The Mechanics enjoy working together with other independent and highly skilled people and often like seek fun and action both in their work and personal life. They enjoy adventure and risk such as in driving race cars or working as policemen and firefighters.

Race car driving? Really? Guess it’s time to buy a new car.

3) The Supreme Court has agreed to hear a case from the Seventh Circuit over whether investors have the right to sue a mutual fund that they think is charging exorbitant fees. This case garnered quite a bit of attention last year largely because of the opposing views of Judges Frank Easterbrook and Richard Posner. Easterbrook took the more traditional law and economics view, arguing that investors could vote with their feet and therefore had no right to sue, while Posner adopted a view more friendly to behavioralists, arguing that competition alone could not solve the problem because the incentive structure between fund directors and managers “foster(ed) favoritism” that hurt investors.


One Response to “Assorted bytes (and links)”

  1. recarobabyseat Says:

    I loved being a mechanic, i am a property developer now but the buzz of problem solving, using your hands and the knowing that you have fixed something was a great feeling.

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