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Flip Pride: Manny Pacman Pacquiao Edition

from the freakonomics blog:

Pacquiao vs. De La Hoya Bratton
By Steven D. Levitt
INSERT DESCRIPTIONPhoto: regelzam0ra
I’m pretty sure Manny Pacquiao is a better fighter than Los Angeles Police Chief William Bratton. But who is the better crime fighter? At least for one day, it appears that Pacquiao wins that title as well.
Pacquiao squared off against Oscar De La Hoya in a highly anticipated boxing match last Saturday. Pacquiao won the match, but he accomplished something else that night.
According to this newspaper report, the criminals in the Philippines where Pacquiao is from were expected to suspend their activities in order to watch the boxing match. Not a single crime was reported in Metro Manila during Pacquiao’s last bout.
It is not just the criminals who put down their guns; an unofficial ceasefire took place between Philippine military forces and their rebel foes during the fight.
Hat tip: Tim Groseclose
Pacquiao vs. De La Hoya Bratton – Freakonomics Blog – NYTimes.com.

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Flip Pride: Manny Pacman Pacquiao Edition

Image by sjsharktank via Flickr

from the freakonomics blog:

Pacquiao vs. De La Hoya Bratton
By Steven D. Levitt
INSERT DESCRIPTIONPhoto: regelzam0ra
I’m pretty sure Manny Pacquiao is a better fighter than Los Angeles Police Chief William Bratton. But who is the better crime fighter? At least for one day, it appears that Pacquiao wins that title as well.
Pacquiao squared off against Oscar De La Hoya in a highly anticipated boxing match last Saturday. Pacquiao won the match, but he accomplished something else that night.
According to this newspaper report, the criminals in the Philippines where Pacquiao is from were expected to suspend their activities in order to watch the boxing match. Not a single crime was reported in Metro Manila during Pacquiao’s last bout.
It is not just the criminals who put down their guns; an unofficial ceasefire took place between Philippine military forces and their rebel foes during the fight.
Hat tip: Tim Groseclose
Pacquiao vs. De La Hoya Bratton – Freakonomics Blog – NYTimes.com.

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Words To Feel!

It is never too late to learn a new habit; never to early to shed the old like dead, useless skin. Bad habits are formed by the slow and steady accumulation of mindless minutes. As a million years of rainfall will smooth the slope of a mountain summit, so do a million misplaced moments warp our good intentions.
We all are capable of reverse engineering our own bad behavior, but we cannot unlock the door without looking for the key.
Breaking a Bad Habit Shatters the Rung Beneath You | Zen Habits.

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Typealyzer : on My (Angol) Writing

thanks to Tyler of Marginal Revolutions for the link:
do I email them that the typo???

INTP – The Thinkers
[INTP]
The logical and analytical type. They are especialy attuned to difficult creative and intellectual challenges and always look for something more complex to dig into. They are great at finding subtle connections between things and imagine far-reaching implications.
They enjoy working with complex things using a lot of concepts and imaginative models of reality. Since they are not very good at seeing and understanding the needs of other people, they might come across as arrogant, impatient and insensitive to people that need some time to understand what they are talking about.
Typealyzer.

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Typealyzer: on Chuck's Writings

INTJ – The Scientists
[INTJ]
The long-range thinking and individualistic type. They are especially good at looking at almost anything and figuring out a way of improving it – often with a highly creative and imaginative touch. They are intellectually curious and daring, but might be pshysically hesitant to try new things.
The Scientists enjoy theoretical work that allows them to use their strong minds and bold creativity. Since they tend to be so abstract and theoretical in their communication they often have a problem communcating their visions to other people and need to learn patience and use conrete examples. Since they are extremly good at concentrating they often have no trouble working alone.
Typealyzer.

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Regulation Framing

I think this can be framed more effectively as , thinking of outcomes. S regulation is closer/more correlated (I think) to the outcome compared with that of L regulation, and that is why I think it is better!

I tend to agree with Tyler Cowen that individual moral propensities are less important than overall social context. To borrow from a different branch of social psychology, I would say that Packer is committing the Fundamental Attribution Error.

In my view, the problem comes from trying to use what I call letter-of-the-law regulation in finance. Call it L regulation. With L regulation, the regulator lays down specific, quantitative boundaries (think of risk-based capital requirements, with fixed numerical weights for various types of assets). The managers of financial institutions are told to stay within those boundaries.
In contrast, think of something I might call S regulation, for spirit of the law. With S regulation, the manager of a financial institution that enjoys some government protection would take an oath to maintain the safety and soundness of the institution. With S regulation, it is wrong to just tiptoe along the edge of the quantitative boundaries, without considering the potential risk to the firm.
Suppose we take it as given that government is going to protect some of the liabilities of some institutions, because of deposit insurance, implicit guarantees, “too big to fail,” or other reasons. I would like to see such institutions be covered by S regulation even more than by L regulation.
I would like to see managers of government-protected institutions take an oath to safeguard the soundness of their companies. I would like to see them subjected to prison terms for violating that oath. The oath is a general promise, not satisfied simply by staying within the boundaries of L regulation.
I believe that S regulation would change the motives of bank managers. They would be looking for ways to avoid failure, rather than for ways to stay within the letter of the law.
There can be plenty of risk-taking institutions in our society. But they should not at the same time be institutions that enjoy government protection when they fail.
Economist’s View: “The Moral Stage of Wall Street”.

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Story Of Courage!

The account of Sjida’s life is inspiring, Do read the whole thing! My prayers are for the people still in bondage, any form of bondage.

Sajida is a 29-year-old college-educated woman from a Christian family here (and a reminder that oppressive values in Pakistan are not rooted just in Islam). She scandalized her family by marrying a man she chose herself — and then becoming pregnant.
The next step was brutal: Several women held Sajida down as a midwife conducted an abortion, while she struggled and wept.
Then her brothers weighed what to do next. Sajida’s eldest brother wanted to sell her to a trafficker who offered $1,200, presumably intending to imprison her inside a brothel. Two other brothers just wanted to kill her.
Op-Ed Columnist – Giving Thanks to Heroes – NYTimes.com.

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Thanksgiving!

We don’t have thanksgiving here in the Philippines but that is no reason to snatch a holiday and thank the people who have made my life great!
Thanks to my Mom and Dad, my brother and sister for supporting me during the times when life makes me want to give up.
To my friends who always has a ready ear to hear my next crazy idea or to be my devils advocate or even bully me when either pride or self-doubt , fear or craziness is enveloping me.
To the people in the internet who have brought countless joys to my used to be boring life.
To the people who continue to show kindness without expecting anything in return, you renew my faith in people.
To God who is my pillar and happiness!
Happy Thanksgiving!

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Money Advice from Bruce Bowen

Bowen On Matt Bonner:

Pointer From TrueHoop:
Despite making $2.978 million this year and $3.256 next year, Bonner remains frugal. Former Spurs guard Brent Barry, who is now with the Houston Rockets, remembers a time in Sacramento when Bonner was getting a snack at his favorite spot: Subway.
“Matt had a coupon for half off a sandwich, which said: ‘Valid at participating stores only,’” Barry said. “The owner said we’re not ‘participating stores’ and Matt was like ‘Well aren’t you a Subway? I walk outside and I see the name ‘Subway.’” After 10 minutes, he talked his way to half off a turkey sandwich. He saved like $2.16.”
Added Bowen: “It’s not about what you make, it’s about what you keep. He understands that motto perfectly.”
Bonner sees himself as ‘boring guy’.

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Hot Head

Mark usually went home for the weekend but didn’t last sunday so Me, Chuck and Mark decided to hang out in trinoma. I was late around 30 minutes. I didn’t tell them but I was nearly in fight before I went to trinoma.
Suffice to say this blog post Isn’t about my near physical altercation with someone. Nope this isn’t
Let’s see, I am a fairly introspective person. I have the tendency to over analyze things.



The warrior has memories, but he learns how to separate the useful from the unnecessary; he disposes of his emotional rubbish.By Paulo Coelho

And this was no exception. It made me try to remember all of the times that I was mad or in rage. I tried hard to try to remember those times, because I had a hunch that I did not learn from past mistakes that I was repeating myself.
I initially thought that Iget mad easily but this is just a lie I tell myself.
The truth is when I get mad I am most probably suppressing something more painful, something that I continue to lie to myslef about. This rage eventually bubbles up and is unleashed on something that I have no problems feuding with.
Taking the long view my moments of rage are separated by months to years. The problem is I end up feuding with the wrong people and only adding people to my ignore list. This cannot continue. I cannot continue to lie to myself about painful things. I have to face these harsh realities and learn to heal myself. I must learn to let the hate go. I cannot change people but I can change how I react/ineract with them. I can be a better human being. I can be the calm in the middle of the storm. I’ve made inroads in this personal quest, but it seems not enough.