Why not even exercise will undo the harm of sitting all day

A large review recently published in The Journal of the National Cancer Institute confirms what we’ve been hearing for years: Sitting can be fatal. It’s been linked to cancer, diabetes, and cardiovascular disease. In this latest meta-analysis, Daniela Schmid and Michael F. Leitzmann of the University of Regensburg in Germany analyzed 43 observational studies, amounting to more than 4 million people’s answers to questions…

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Dow

Well….I am still long the Dow, boring that it is. The interesting thing about markets at or around new highs is the emotional problems they seem to bring. Traders struggle with the notion of buying something that is higher than it has been in recent times simply because we have inbuilt cultural notions about what…

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Its Friday

Time to continue the World Cup theme – Some back-of-the-envelope maths regarding Luis Suarez: according to Wikipedia, he has played in 363 club league, cup and friendly matches since breaking through into the Nacional senior team in the 2005/06 season. He’s also played 78 times for the Uruguay national team. He has bitten three opposition…

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Flash Boys and Investors

Lengthy but interesting. I have thus far resisted writing anything about Michael Lewis’s book “Flash Boys”, in part because I typically don’t want to waste time on timely issues (instead focusing on topics that are of long-term interest), although it has been a real exercise in self-constraint because there have been few books published in…

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Behavioural economics and public policy

So popular is the field that behavioural economics is now often misapplied as a catch-all term to refer to almost anything that’s cool in popular social science, from the storycraft of Malcolm Gladwell, author ofThe Tipping Point (2000), to the empirical investigations of Steven Levitt, co-author of Freakonomics (2005). Yet, as with any success story, the backlash has…

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