Entry Fee for the Tournament (or) Built to take a hit

I heard  a short piece on the radio from the guys that wrote the book Freakonomics (interesting takes on the sorts of causes at the root of effects in society and commerce) that is one of those little things that sticks in my head that I keep coming back to.  The hypothesis was that the nature of the business of being a beauty queen was at its core very similar to entering the drug trade because they both are fairly open entry to a field that in the end only allows very few... Read More