The Eternal Question
Radley Balko comes face to face with the Eternal Question About Politicians: Are they stupid enough to believe what they say? Or is it that they think you’re stupid enough to believe what they say?
View ArticleThe Harlot’s Addiction — Part 1: Rational Addiction
A few weeks ago, Maggie McNeill, the Honest Courtesan, wrote about the use and abuse of the word addiction: The belief that people can become “addicted” to things that do not produce chemical...
View ArticleThe Harlot’s Addiction — Part 2: Difficult Jobs
In Part 1, I introduced the concept of rational addiction and speculated that failure to account for it causes us to underestimate the benefits that other people receive from certain activities, which...
View ArticleAddicted to Harlotry — Part 3: Capital Investment
In Part 1, I introduced the concept of rational addiction and argued that failure to account for it causes us to underestimate the benefits that other people receive from certain activities, which may...
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