The Humanomics of Adam Smith
Posted: November 7, 2012 Filed under: Adam Smith, Economics, Rationality, Uncategorized Leave a comment »Sent to you via Google Reader
The Humanomics of Adam Smith
Error is Obvious, Coordination is the Puzzle
Posted: February 13, 2012 Filed under: Behavioral Economics, Rationality Leave a comment »http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2004362
Michael Munger on Self-Interest
Posted: February 7, 2012 Filed under: Rationality, Self Interest, Uncategorized Leave a comment »Sent to you via Google Reader
Michael Munger on Self-Interest
Rizzo on Rationality
Posted: February 7, 2012 Filed under: Rationality, Uncategorized Leave a comment »Sent to you via Google Reader
Rizzo on Rationality
FREE MARKET MADNESS: Why Human Nature Is at Odds with Economics—and Why It Matters
Posted: May 17, 2011 Filed under: Rationality Leave a comment »http://www.springerlink.com/content/f8u4978508n37004/
Posted: May 16, 2011 Filed under: Cost-Benefit Analysis, Rationality Leave a comment »
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1800811
Not Everything Is a Market
Posted: April 7, 2011 Filed under: Rationality, Self Interest Leave a comment »http://www.thefreemanonline.org/headline/not-everything-is-a-market/
The Logic of Choice or the Logic of Action
Posted: November 30, 2010 Filed under: Austrian Economics, Methodology, Rationality, Uncategorized Leave a comment »Sent to you via Google Reader
The Logic of Choice or the Logic of Action
How facts backfire
Posted: July 14, 2010 Filed under: Democracy, Rationality, Voting Leave a comment »“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
Posted: April 6, 2010 Filed under: Anarchy, Institutions, Knowledge Problems, Rationality, Uncategorized Leave a comment »Sent to you via Google Reader
Hayekian Ants
Boettke on Samuelson
Posted: December 14, 2009 Filed under: Institutions, Legal Systems, Methodology, Microfoundations, Rationality Leave a comment »http://austrianeconomists.typepad.com/weblog/2009/12/paul-samuelson.html
Caplan: Philosophy and Rational Irrationality
Posted: December 14, 2009 Filed under: Methodology, Philosophy, Rationality Leave a comment »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.”