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Another reason World Cup tickets are in short supply.

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So, as we all know, tickets to the World Cup are in pretty high demand.  One rather silly reason why supply may be lower than it should be for the general public are marketing gimimicks like this one from Toshiba.  If you purchase a Toshiba Qosmio Q30, you can get one ticket to a match. Since Toshiba is an official sponsor, they could "have access to lots of tickets". Gimmicks like this tend to make the geek in me think that this can't be that good of a laptop. Seen on Gizmodo, more details are at the Spiegel.\

Tags: Soccer

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Is there really an income gap?

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Cafe Hayek rightly takes an AP reporter to task for not questioning a recent study that found "Rich-Poor Income Gap Growing". So while it sounds that inflation adjusted wages increased across the board, ie the income distribution (if you can think of it as a bell-shaped normal distribution) moved to the right. Which is good, people overall are wealthier. But it seems the study focused on the range between the highest and the lowest, which is less meaningful. It only tell you that your distribution got wider, not much more than that and certainly very little about overall wealth in your population.

This is fake analysis. It's comparing two snapshots over time and pretending that the people in the snapshots are the same people. The implication is that if you were a poor family in 1980, you barely got ahead while the rich families, turbo-charged ahead of everyone else and left them in the dust.

Tags: Economics, Family, People

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