stackyFACTSWe naturally assume the person in front of us knows a shortcut, even when they are entirely lost. Information cascades cause individuals to entirely ignore their own private navigational logic, instead blindly copying the terrible routing choices of the herd.
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Pouring more concrete is the urban equivalent of loosening your belt to cure obesity. Braess's paradox mathematically demonstrates that adding entirely new…
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It is terrifying how much classified reality is kept from the very people filling out the ballots. Asymmetric information completely heavily distorts local…
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Sorting through completely terrible applicants is functionally a part-time job. High transaction costs plague local residential pairing, meaning the sheer…
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When you put the grocery store five miles from the nearest house, you essentially outlaw walking. Highly dispersed residential mapping heavily enforces a…
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If you hate the local mayor, just pack your boxes. The Tiebout model posits that people sort themselves into different municipalities based strictly on their…
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The government already knows exactly what you owe, but forces you to do complex math anyway. If you guess the numbers wrong, they enthusiastically penalize you.
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