The Humanomics of Adam Smith

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The Humanomics of Adam Smith


Error is Obvious, Coordination is the Puzzle

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2004362


Michael Munger on Self-Interest

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Michael Munger on Self-Interest

 


Rizzo on Rationality

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Rizzo on Rationality


FREE MARKET MADNESS: Why Human Nature Is at Odds with Economics—and Why It Matters

http://www.springerlink.com/content/f8u4978508n37004/


http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1800811

http://volokh.com/2011/05/10/rationality-or-rationalism-the-positive-and-normative-flaws-of-cost-benefit-analysis/

http://volokh.com/2011/05/16/home-about-dmca-contact-e-mail-policy-link-policy-stuff-who-are-we-search-subscribe-twitter-rss-archives-%C2%AB-kevin-walsh-o/


Not Everything Is a Market

http://www.thefreemanonline.org/headline/not-everything-is-a-market/


The Logic of Choice or the Logic of Action

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The Logic of Choice or the Logic of Action


How facts backfire

http://www.boston.com/bostonglobe/ideas/articles/2010/07/11/how_facts_backfire/?camp=misc:on:share:article

“In a series of studies in 2005 and 2006, researchers at the University of Michigan found that when misinformed people, particularly political partisans, were exposed to corrected facts in news stories, they rarely changed their minds. In fact, they often became even more strongly set in their beliefs. Facts, they found, were not curing misinformation. Like an underpowered antibiotic, facts could actually make misinformation even stronger.”


Hayekian Ants

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Hayekian Ants


Boettke on Samuelson

http://austrianeconomists.typepad.com/weblog/2009/12/paul-samuelson.html


Caplan: Philosophy and Rational Irrationality

http://econlog.econlib.org/archives/2009/12/philosophy_and.html

(1) Principle of Epistemic Rationality: (PER)- It is not epistemically rational to believe something just because it is interesting, original, or controversial.

(2) Publishability Fact: (PF)- In order to get regularly published in philosophy, you need to be able to say things that are interesting, original, and controversial.

(3) Perverse Incentives: (PI)-The practice of philosophy incentivizes non-rational motives of belief formation; specifically, it incentivizes believing things that are interesting, original, and controversial whether or not they are true.
(4) Sad Truth: (ST)- Almost all claims that are interesting, original, and controversial are false.
(5) Unfortunate Conclusion: (UC)- The practice of philosophy encourages philosophers to believe and to publish things that are false.”

Everything You Wanted to Know About Economists

http://www.forbes.com/2009/09/11/economists-free-market-jane-smiley-opinions-contributors-capitalism.html


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