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…Details
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…Details
Studies can be designed to prove almost anything. Even if the result of a study is impossible given the finite nature of reality and the limits of logic (see “minimum wage increases cause growth in employment” studies), many will believe its results without reference to methodology, interpretation, statistical analysis, et cetera. A study can be…Details
Hilarious. Needs more axes, IMO, but this is a great start.
A dangerous and paradoxically true discussion occurs in The Brothers Karamazov, between Aloysha and Ivan. Forgive my extensive quotation of Ivan as an introduction to my smattering of thoughts… “What do I care that none are to blame and that I know it — I need retribution, otherwise I will destroy myself. And retribution not…Details
One is immutable, the other is changeable, or is the other immutable and the one changeable? I can’t keep track any more, but at least I am not alone… If you’re generally a busy bumblebee like I am, you don’t have time to sit around all day socially constructing things. Thus, I am so glad…Details
Tom Woods gives your lecture of the week – and since Mises Universtiy 2014 occurred last week, there is lecture fodder for WEEKS headed your way…
This one is very general, but discusses the usual ways in which people see the state that are simply erroneous. Enjoy.
Brett Dennen – You Make It Easy
Always buy Brett Dennen albums. Guy rocks.