As a consequence, it is no longer a conscious constraint choice, but is a random feature of the workplace.

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If I gave you a choice of Barack Obama or a random person snatched off the street of lower Manhattan, who would you choose to make these investment choices?

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In Ghana, for example, sixth-graders sitting a simple multiple-choice reading test scored on average the same mark that would be gained by random guessing.

ECONOMIST: Education

Because Monty's choice was not random (he didn't open just any box, he revealed a goat) the remaining probability of two-thirds gets squeezed, as it were, into the third box.

ECONOMIST: Getting the goat