Confessions of a researchaholic

Fascinating podcast series of the scam industry located in the Thailand-Myanmar border, from the victims (whose psychological weak spots are exploited), the scammers (who often deceived job seekers), to the crime syndicate behind.

This BBC report provides a good visual on the ground.

I was surprised to learn that materials used in wigs are the top export item from China to North Korea according to a recent Reuters report.
I thought it would be something like food, fertilizer, or petroleum.
Or maybe the materials are used for something other than wigs?

America considered itself such an exceptional country that it decided to take some steps backwards so that other countries can have a better chance to catch up.

So the Europeans came to the America, committed genocide against the natives and brought slaves from Africa, and centuries later, made up the conspiracy theory about being replaced by these very people they victimized.

I think if you define fairness by “fair market value”, then C.E.O.s are paid fairly. I think if you define fairness by how you think society should value people, then I think C.E.O.s are paid too much. – Dara Khosrowshahi, the C.E.O. of Uber, in an interview.

If every new hire is paid an above average market value (as likely in the senior executive job market), that will lead to an exponentially higher growth of compensation than otherwise (e.g., the minimum wage job market).