The Capital Ideas blog brings you research, analysis, and commentary from Chicago Booth and beyond. This is our weekly list of must-reads from around the blogosphere.
The challenges of network reliability
From Marty Lariviere at the Operations Room: If you’re following the network failures at United Airlines, the New York Stock Exchange, and TD Ameritrade, read this think-through of uptimes, costs, and how current technology compares to Ma Bell.
US intergenerational mobility since WWII
From Nathaniel Hilger at VOX (CEPR): If you’re a fan of the American Dream, read this to see how over time, space, and groups, it has become more or less achievable, statistically speaking.
Greditors 1, Grebtors 0
From Alvin Rabushka at Thoughtful Ideas: The crisis in Greece has generated new terminology—we have “Grexit,” “Greferendum,” and now, thanks to Rabushka, “Greditors” and “Grebtors.”