China R&D intensity overtakes the EU

The new OECD STI data have the latest data.  Policymakers take note.

Does more information improve things and who is Inspector Sands?

from the brilliant Tim Taylor traffic accidents and pedestrian countdown signs.  File under unintended consequences.

Various teaching links

1. My student Maximillian @M_Doelle sends us this link for the prisoner's dilemma

http://twitpic.com/dp2ufl

2. And Anastasia sends us to this for how people get confused over innovation http://blogs.hbr.org/2013/12/stop-me-before-i-innovate-again/.

thanks both!

Median household incomes: look at those pensioners...

Here's an interesting chart from the UK. Whatever stagnation of incomes is occuring it's not for pensioners.

(From ONS, 2nd December ad hoc charts)