Intra-National HDI Bryan Caplan By Bryan Caplan, Apr 28 2010 SHARE POST: Even though I think the Human Development Index is fairly bogus, I still found this report on intra-American HDI quite interesting. Most striking factoid: white Americans stand about half-way between the “most-developed” group (Asians) and the “least-developed” group (Native Americans). HT: Tyler
Apr 28 2010 Finance: stocks, options, etc. The Simplest Narrative Bryan Caplan Arnold ably identifies two main narratives about the 2008 financial crisis. But he neglects the simplest narrative of all: Once in a century, a once-in-a-century mistake happens. The end.I know the simplest narrative is unsatisfying. Nevertheless, it's less unsatisfying than any other narrative I've h... 19 Read More
Apr 28 2010 Finance: stocks, options, etc. Chipping Away at the Narrative Arnold Kling Russ Roberts has a long narrative of the financial crisis. One excerpt: An unpleasant but unavoidable conclusion of this paper is that Wall Street was (and remains) a giant government-sanctioned Ponzi scheme. Homebuyers borrowed money from lenders who got their money from Fannie Mae, Freddie Mac, and banks that borro... 11 Read More
Apr 28 2010 Cross-country Comparisons Intra-National HDI Bryan Caplan Even though I think the Human Development Index is fairly bogus, I still found this report on intra-American HDI quite interesting. Most striking factoid: white Americans stand about half-way between the "most-developed" group (Asians) and the "least-developed" group (Native Americans).HT: Tyler 7 Read More