Most Bizarre Sentence Ever? Bryan Caplan By Bryan Caplan, Apr 25 2007 SHARE POST: From Brad DeLong: I don’t know what I am going to say. I’m tempted to try a comparison of four intellectuals at four different moments in western print-culture: William of Occam, Niccolo Machiavelli, Adam Smith, and Tyler Cowen.
Apr 25 2007 Political Economy How Irrational are Voters? Arnold Kling My co-blogger's Myth of the Rational Voter has gotten well-deserved thumbs up from Greg Mankiw and Tyler Cowen. Tyler raises some issues, including 3. Voters are less irrational in many northern European countries. I don't agree with their socialistic view of the world, but in epistemically procedural terms they are... 5 Read More
Apr 25 2007 Finance: stocks, options, etc. The Efficient Markets Hypothesis: Act As If It's T... Bryan Caplan DeLong also links to an excellent piece by Justin Fox. Bottom line: The Efficient Markets Hypothesis has its problems, but even so, low-cost index funds remain your best bet: The message that the behavioral finance guys have for investors is that yes, you can beat the market, but--for reasons that are essential to the... 1 Read More
Apr 25 2007 Economics and Culture Most Bizarre Sentence Ever? Bryan Caplan From Brad DeLong: I don't know what I am going to say. I'm tempted to try a comparison of four intellectuals at four different moments in western print-culture: William of Occam, Niccolo Machiavelli, Adam Smith, and Tyler Cowen. 4 Read More