Experience should teach us to be most on our guard to protect liberty when the Government’s purposes are beneficent. Men born to freedom are naturally alert to repel invasion of their liberty by evil-minded rulers. The greatest dangers to liberty… Read morequote
Egads. I experience vicarious pain so vividly that I was having trouble breathing while reading this article. No one who built these systems was corrupt, or evil. They were simply frail humans, unable to comprehend the complexity of what they… Read moreThe computer is your friend. Trust the computer!
Use Windows Briefcase to sync your USB drive
Why are they renaming Countrywide to sound like a single-state newspaper?
Phillip Lord calls for, I kid you not, a kind of Butlerian Jihad. Yes, let’s get rid of automation. While we’re at it, let’s cut out one of our eyes, chop the toes off of one of our feet (to… Read moreChannelling Herbert
This is a very interesting story. It supports my current belief structure, so it must be correct! We are irrational, not only in “markets” but in votes, in life choices, in everything. Humans are fundamentally irrational beings. Yet another reason… Read moreAlmost Always Irrational
link hat tip
Matt Steinglass, a smart guy with whom I disagree about many things, says, regarding Karl Marx: And DeLong is also right to find here the roots of Marx’s sense that markets are fundamentally tools of unfreedom rather than of freedom,… Read moreJaw, meet floor
If only there was some way to make people pay for the electricity they use to power those “energy guzzling TVs”. I mean, it seems only fair that their usage of electricity be metered, and that they should have to… Read moreThose Wasteful TVs
I’ve noticed an obnoxious trend lately, where liberals claim that free markets are perfectly rational. (MY isn’t the only perpetrator, but he’s the one that pushed me over the edge). While Rational Choice Theory does say that “often”, the models… Read moreRational markets
Big companies profitably manipulate big government Governments care more about tax revenue than social welfare I am shocked! Shocked! To discover that the people who work in government have different incentives than the people they represent. It’s as if they… Read moreDry
Taleb wants to re-build the world economy from the ground up, to significantly reduce further danger from financial “black swans”. If you believe that financial black swans are the epitome of events-to-be-avoided, this probably will be very persuasive. Personally, I… Read moreBlack Swan Proof World
I’ve been out of town for a week, and haven’t kept up with my blogging. He sez: But where Pico and I are apparently going to differ on this is the central issue, the idea that it is inevitable that… Read moreThe ongoing back-and-forth with Retaking Education