Miscellaneous

Economies of Scale

So how significant is it that the Obama administration is going to trim $100 million out of the budget. Not so much, it turns out. NPR's "Planet Money" recently did a more detailed discussion about our ability to comprehend scale when we're talking about such big numbers, but for this particular point, this video does the trick quite nicely:

(Hat tip: Concurring Opinions)

Full post as published by Quiz Law on May 04, 2009 (boomark / email).