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Cory Doctorow / 7:41 am Sun, Jan 26, 2020

Fatal car wrecks are correlated with stock-market fluctuations

Writing in The Journal of Health Economics, three economists claim (Sci Hub mirror) that "a one standard deviation reduction in daily stock market returns is associated with a 0.6% increase in fatal car accidents that happen after the stock market opening" and that this is robust across "a battery of falsification tests." Read the rest

Cory Doctorow / 1:41 pm Tue, Mar 6, 2018

How 401(k)s created a class of suckers to be fleeced by the investor class

America's 1% have waged a long war on defined-benefits pensions, insisting that America could prepare for retirement by putting their money into 401(k)s, despite the stark evidence to the contrary. Read the rest