Tag Archives: Steven Landsburg

Much ado about rubbers?

In this post, I wrote why I think cost benefit analyses suck.  Here HHS bureaucrat Kathleen Sebelius gives a great example of a bad cost benefit analysis. She explains: The reduction in the number of pregnancies [from forced contraceptive coverage] compensates … Continue reading

Posted in Government, Health Care, Politics, Power of Incentives | Tagged , , , , | 9 Comments

Jacob Marley is a good salesman

So was Charles Dickens. I agree with Charles Rowley that Jacob Marley simply re-framed generosity for Ebenezer so that it appealed to his self-interest.  And it seems that Dickens’ story has lived for over 150 years, retold in many different … Continue reading

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Third time’s a charm

I had one of those third time’s a charm moments this week. 1st Time: On his blog, Idiot’s Collective, Aaron McKenzie asks What Would It Take to Change Your Mind? I started this blog to catalog the things that changed … Continue reading

Posted in Changing Minds, Critical Thinking, Debate | Tagged , , , | 1 Comment

Who controls the capital?

As I wrote here, this isn’t a blog about Ronald Reagan.  It’s a blog inspired by a quote from Reagan. But, chapter seven in F.A. Hayek’s The Fatal Conceit, entitled Our Poisoned Language, reminded me of my second favorite quote … Continue reading

Posted in Bookmarks, Capitalism, Emergent Order, Government, Liberty, Markets, Trade | Tagged , , | Leave a comment

Great Explanation of QE2

Here’s the best explanation I’ve seen on Quantitative Easing from Steven Landsburg.   I recommend reading the whole post, but if you are curious about what exactly QE is, here it is in a nutshell: They’re creating 600 billion new dollars … Continue reading

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Restore Sanity? II

At about the 8:30 mark in John Stewart’s closing speech at his rally last Saturday, he starts a segment with: We do impossible things, only made possible by the little, reasonable compromises we all make. He then shows video of … Continue reading

Posted in Critical Thinking, Debate, Feedback, Government, Liberty, Markets, Politics | Tagged , , , | 2 Comments

Steven Landsburg on Trade Deficits

On page 205 of his book More Sex is Safer Sex, Steven Landsburg offers and excellent explanation on why we shouldn’t be concerned about trade deficits: Here’s the final thing to keep in mind when you read about the nation’s … Continue reading

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“Delight in Losing Arguments”

In his book The Big Questions, Steven Landsburg offers valuable advice (p. 235): Argue passionately for your beliefs; listen intently to your adversaries, and root for yourself to lose.  When you lose, you’ve learned something. Rooting for yourself to lose … Continue reading

Posted in Changing Minds, Critical Thinking, Debate, Feedback, Trial and Error | Tagged , , , , | 3 Comments

Stagnant Wages! Really?

A commenter on Cafe Hayek this week lamented about stagnant wages.  While it’s unclear whether the comment was based on fact or the commenter’s gut feel, it did remind me of this passage from Steven Landsburg’s book More Sex is … Continue reading

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Here’s the new thing I learned today

On this blog, The Big Questions, Steven Landsburg explains how we incorrectly view taxes on capital gains and interest in today’s post, Getting it Right. We normally view income from capital gains and interest the same as income from wages.  … Continue reading

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