Latest Articles

Can a Novice Beat a Pro?

In general, we expect that a beginner or novice in a field is likely to be out-performed by a seasoned veteran. We would be surprised if a beginner could build a better house than a […]

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More on Risk Aversion and Type I and Type II Errors

Bryan Caplan at George Mason University and the Library of Economics and Liberty has a couple of posts on medical screening and treatment. First, Caplan shares data on prostate cancer.  It turns out that screening does […]

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Risk Aversion and Flourishing

Nobel economist Edmond S Phelps has a piece, What is Wrong with the West’s Economies?  He discusses the alarming slowdown in western economies dating back to the 1960s, a lack of what he call flourishing or […]

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Ugly Outcomes of Elite Policy

“It’s no longer legal to say, ‘We don’t want African-Americans to live here,’ but you can say, ‘I’m going to make sure no one who makes less than two times the median income lives here,’” […]

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