First Water Landing in the History of Commercial Aviation

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Freakonomics author Steve Levitt confirms: Capt. Chesley Sullenberger yesterday completed the first water landing in the history of commercial aviation.

Want Better Schools? Hire Better Teachers

Ed Glaeser, my college economics professor:

 
ed_glaeserMindless increases in school spending will be an expensive fiasco that will generate more disillusionment than human capital….

The clearest result from decades of education research is the importance of teacher quality… Improving teacher quality has about twice the impact on student outcomes as radically reducing class size….

The first step toward improving teacher quality is to attract more talented teachers. The second step is to improve teacher selection on the job, promoting the best and encouraging the worst to help society in some other way.
 

From the Boston Globe.

Tumblr Updated to v5

Tumblr, one of my favorite up-and-coming web apps, just got updated to version 5. Tumblr is a dead simple blogging platform that lets you share anything.

Harvard Business School Turkey

Turk, the Harvard Business School turkey

Turk, the Harvard Business School turkey

Shannon and I visited Harvard Business school this fall. As we walked through the campus, we suddenly came upon a wild turkey standing outside one of the lecture halls.

Turns out she had been there for a year and the students named her Turk.

A week after we left, she attacked a local reporter and was removed from campus before she could complete her MBA.

Great Customer Service at the Four Seasons

I love it when companies put thought into the little things that make my life easier.
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The valet ticket at the Four Seasons in Las Vegas is the same size as a folded dollar to make it that much easier and less awkward to hand both the ticket and tip to the valet.

A Fistful Of Dollars: The Story of a Kiva.org Loan on Vimeo

Congratulations Phil Ruffin

Buy Low, Sell High

1998: Buys New Frontier for $165 million
June 2008: Sells New Frontier for $1200 million (511% compounded annual return)
December 2008: Buys Treasure Island for $750 million

Snow in Summerlin!

Shannon just sent me these photos from our apartment in Summerlin.img_0656img_0657img_0655

Republican Chambliss Wins Georgia Senate Run-off

Republicans: 41, Democrats: 58. With Chambliss’ win, Republicans keep Democrats from winning a filibuster-proof 60-seat supermajorrity. In other news, the recount for seat #100 continues in Minnesota.

Georgia Run-off This Tuesday

Hard to believe it’s already here. The Georgia U.S. Senate run-off is this Tuesday, December 2. As the Atlanta Journal-Constitution reports, everyone from Bill Clinton to John McCain has been in Georgia campaigning over the past few weeks. If Martin (D) can upset incumbent Chambliss (R), it will be Senate seat number 59 for the democrats. A win keeps the democrats’ hopes for a supermajority alive with the 60th seat still up for grabs .