Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca

. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Wednesday, March 02, 2005

Just How Stupid Is He?

A Vice-Principal at a private school in The United Arab Emirates is under investigation for having shown pornography to his students.
The Education Ministry recently dropped the move to promote Mohammed Mirza Ahmed Abdullah, the assistant principal of Al Dhahira School for Basic and Secondary Education, as principal, after he was caught red-handed, showing his students such films on his laptop computer.

One of many aspects of this situation that intrigues me is the question of how idiotic the person would have to be to have done this. What were his expected benefits? What were the expected costs, given the high probability of being caught?

Another case of natural selection, courtesy of JC.
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