Five Myths About Free Markets David Henderson By David Henderson, Feb 5 2012 SHARE POST: The talk I gave at Hoover on Wednesday, “Five Myths About Free Markets,” is on YouTube. Here it is.
Feb 5 2012 Austrian Economics Simpler Frank Knight Arnold Kling From FastCompany Magazine. "Uncertainty is when you've defined the variable but don't know its value. Like when you roll a die and you don't know if it will be a 1, 2, 3, 4, 5, or 6. But ambiguity is when you're not even sure what the variables are. You don't know how many dice are even being rolled or how many sides ... 1 Read More
Feb 5 2012 Economics of Education Segregation Arnold Kling One of the issues that I have been thinking about since reading Coming Apart is segregation. 1. Where Bryan sees college as a useful signaling device for those who are cognitively gifted, I see it as a useful segregation device for the Vickies. 2. The segregation model predicts that as the society gets wealthie... 6 Read More
Feb 5 2012 Political Economy Five Myths About Free Markets David Henderson The talk I gave at Hoover on Wednesday, "Five Myths About Free Markets," is on YouTube. Here it is. 6 Read More