I find myself neatly aligned against both sides of the Israeli-Palestinian conflict, but many friends support Israel. Fine. Know what you support, the bombing of first responders after an initial hit:
I forgot. Campbell’s Law is as follows: “The more any quantitative social indicator (or even some qualitative indicator) is used for social decision-making, the more subject it will be to corruption pressures and the more apt it will be to distort and corrupt the social processes it is intended to monitor.” Read the Wikipedia entry…
Many times on this blog, the criticisms of Piketty have been rebutted by columns and videos that show errors in his methodology, flaws in the data, and a simple misunderstanding of what capitalism is and does. This time, it is a big gun. George Reisman has destroyed the man by building the theoretical case of…