The Prisoner’s Dilemma redux
(Freakonomics) Several years ago, Felix Oberholzer-Gee, Joel Waldfogel and Matthew W. White, published a fascinating empirical article about the prisoner’s dilemma game embedded in the short-lived U.S. game show “Friend…
Traditional as the new radical
Shannon Hayes writes and works with her family on Sap Bush Hollow Farm in upstate New York. She is the author of Radical Homemakers, The Farmer and the Grill and…
Are we getting less violent?
In a preview of his The Better Angles of Our Nature, Steven Pinker takes on violence and the ways we perceive it. We live in violent times, an era of…
Should contraception be a right?
Anyone following the latest on Obama’s healthcare mandate will surely have heard of Sandra Fluke, a Georgetown University law student, who told House Democrats why she supports the contraceptive mandate. The…
14 Ways an Economist Says I Love You
Clever: (Fosslien.com) Give your loved one a nerdy Valentine and they’ll be yours forever! Why? Because if you give them diamonds/cufflinks this year, anything you get them next year will fall…
Good reads–Imagine by Jonah Lehrer
‘Imagine’ is a light treatment on the creative process. Anyone familiar with Lehrer’s previous work or that of other pop science writers will feel right at home with this book….
Good reads–The Righteous Mind by Jonathan Haidt
`The Righteous Mind’ presents an imaginative theory on the origins of human morality and the source of discord in the realm of moral systems such as politics and religion. It…
Good reads–Pricing Beauty by Ashley Mears
This book is a thorough, academic treatment of the modeling industry. The author ably covers a number of fascinating sociological aspects of one of the more extraordinary industries in modern…
Good reads–Thinking, Fast and Slow by Daniel Kahneman
By many accounts, Daniel Kahneman is the father of his field, Behavioral Economics, which is a mix between behavioral psychology and traditional economics and has provided perhaps the most fascinating…
Are the 1% really that different from the 99%?
The culture divide is probably best displayed by the anguish of protesters (in the Tea Party and in the Occupy Wall Street movements). For the most part, the protesters have…
- Austrian School
- Capitalism
- Chicago School
- Closed System
- Competition
- Complexity
- Culture Divide
- Distributism
- Division of Labor
- Economic Policy
- Economic Theory
- Free Land
- Free Market
- Game Theory
- Interdependency
- Keynesianism
- Marxism
- Political Theory
- Poverty
- Self-Government
- Self-Reliance
- Self-Rule
- Self-Sufficiency
- Sociology
- Systems Theory
- Trade
- Wealth
- Welfare Statism
- Zero-sum
Zero-sum economics: the core issue of the great debate
Is the economy a zero-sum game? John Mackey, co-founder and co-CEO of Whole Foods Market says that it isn’t a zero-sum game. (WSJ.com) Business is not a zero-sum game struggling…
An insoluble problem
Excedrin’s funny and insightful campaign reveals a lot about the unnecessary complexity of modern trade.
Population 7 Billion
There will soon be seven billion people on the planet. By 2045 global population is projected to reach nine billion. Can the planet take the strain? via Population 7 Billion…
- 2007-08 Crisis
- Autarchy
- Budget Deficit
- Closed System
- Competition
- Complexity
- Culture Divide
- Current Events
- Economic Policy
- Economic Theory
- Federal Budget
- Inflation
- Interdependency
- Keynesianism
- Marxism
- Motivation
- National Debt
- Perpetuity
- Political Theory
- Poverty
- Resources
- Self-Reliance
- Self-Sufficiency
- Sociology
- Systems Theory
- Wealth
- Welfare Statism
- Zero-sum
I could be wrong, but I’m not
Part of the 99%: Part of the 53%:
The social contract question
Granted we are social animals and engaged in a social contract, why does Warren assume that the factory owner isn’t putting forth his part of the bargain? Is it assumed…
In our age there is no such thing as “keeping out of politics.” All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred and schizophrenia.
George Orwell, ‘Politics and the English Language’.
What ever happened to free choice?
(TheIndyChannel.com) WASHINGTON –The Health and Human Services Department said Wednesday afternoon that Indiana’s Medicaid plan, which bans funding to Planned Parenthood, is illegal and must be changed. In a letter sent to Indiana’s Medicaid director,…
The remedy for Fox and CNN
Beck Bennett charges America’s Youth with the challenge of dissecting the big issues and news and politics.