Not sure it is apropos of this thread but I want to share an Oscar Wilde
remark that I heard on the radio yesterday:
Roughly: A man cannot be rich and not act like a rich man, anymore
than a man can be blind and not act like a blind man.
A great insight.
I. e., are the behavioralists j
On old, slow drivers:
It's Darwinian survival. The fast drivers died young.
Temps Walker
Sandwichman and Deconsultant
>>1) When a slow driver is old, we *notice* age. Is there any actual
>>evidence (other than mere impressions) that older drivers drive more slowly?
I wrote:
>I haven't done a scientific study. But when I'm behind a slow-driving car,
>it often turns out to be driven by one of Elders & Betters.
>A couple points (mostly for the fun of it).
I'm glad for the parenthetical remark. I'd hate to get into a knock-down,
drag-out about the Correct Line about slow-driving elderfolk.
>1) When a slow driver is old, we *notice* age. Is there any actual
>evidence (other than mere impressions) that
Jim Devine wrote:
> . Said I: "they drive more slowly because
> they have slow reaction-time and eyesight." Said economist #2: "oh, these
> radicals!" (To his credit, it was partly in a self-mocking tone.) To
> physical infirmities, I'd add that old folks also are more likely to
> respect the l
I tried to read this until I got to the sentence asserting that "Predation,
redistribution, and socialism are synonymous terms." This represents a
classical Lockean view: property is _our_ (i.e., the capitalists') by the
law of Nature and/or God, so that any redistribution (as under modern
lib
If the rich won't pay taxes, collect more from the poor.
Cheers, Ken Hanly
y Brian Whitmore, Globe Correspondent
MOSCOW - This onetime capital of the world's workers approved an income
tax
yesterday that seems more regressive than anything American conservatives
could ever hope to see at ho
Perhaps D.A.S. for Economic Policy
J. B. DeLong would favor us with
his view of the new markets stuff,
which just passed in rousing bipartisan
fashion, since at least some of it comes
out of his shop.
mbs
Musings du jour:
In BUSINESS WEEK ("Putting a Human Face on Economics," July 31, 2000, pp.
76-7), there's an article about Matthew Rabin and other "behavioral
economists." (Though they don't mention him, the guy in the office next to
mine (James Konow) also does behavecon.) This school points
Herb was a Stanford engineer. It was his show.
Jim Devine wrote:
> At 06:20 AM 7/27/00 -0700, you wrote:
>
> >Just be grateful there isn't an Electrolux Institute. That one would
> >really suck!
>
> is the Hoover Institute named after President Herbert Hoover, after the
> inventor of the vacuum
I did not read the piece, but I noticed that one of the 2 authors was one of the
two people behind the flat tax.
Michael Keaney wrote:
> K
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> Friends
>
> Before I briefly sign off, I thought you might want to check
At 10:40 AM 7/27/00 -0500, you wrote:
>Does anyone remember where and when the reference to the
>"invisible foot" or "invisible elbow" (in reference to market failure due
>to externalities) appeared?
>
>Paul Phillips,
>Economics,
>University of Manitoba
E.K. Hunt describes the "Invisible Foot" in
Does anyone remember where and when the reference to the
"invisible foot" or "invisible elbow" (in reference to market failure due
to externalities) appeared?
Paul Phillips,
Economics,
University of Manitoba
At 06:20 AM 7/27/00 -0700, you wrote:
>Just be grateful there isn't an Electrolux Institute. That one would
>really suck!
is the Hoover Institute named after President Herbert Hoover, after the
inventor of the vacuum cleaner (or at least one brand of such), or after J.
Edgar Hoover (a.k.a., th
Just be grateful there isn't an Electrolux Institute. That one would
really suck!
Temps Walker
Sandwichman and Deconsultant
K
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Friends
Before I briefly sign off, I thought you might want to check out the latest
piece of sophistry from the IMF/Sachs apologists as regards current events
in Russia. You can find it at
http://www.russiaeconomy.or
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