statistics

Harford Brings Statistics To The Masses

– September 29, 2020

“I share Harford’s deep commitment to figuring out what’s true. His calls for keeping an open mind, for being curious about scientific questions, results, and numbers, for carefully noticing your emotions on a topic – all supremely useful advice from which most of us can benefit. Abandoning or doubting all statistics you encounter is not wise or clever; it’s giving up logic and evidence in a complicated world. It’s a ‘retreat into believing whatever makes us feel good.'” ~ Joakim Book

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Sos, Venezuela

Human Gullibility

– September 28, 2020

“Economic reasoning, facts, and the actual history of industrial policy and antitrust, compared to that of free markets, do nothing to quell the fervor for vastly enlarged and more vigorous state control over the economy. As Niemietz thoroughly documents, zeal for replacing commerce and cooperation with coercion and commands does not come from a rational place in the human mind. This zeal is not the product of reason; it’s an instance of religion.” ~ Donald J. Boudreaux

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girl reading

Disease Panic vs. Medical Reality

– September 28, 2020

“I urge the reader to approach Corona with an open mind, and when in doubt, to check the citations. Because, at the risk of sounding dramatic, our civilization depends on it. If we, as a species, can be so easily manipulated into ceding our liberty, dignity, and very lives to irrational fear, I shudder to see what the future holds.” ~ Jenin Younes

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market bomb

A Warning from Two Hedge Fund Managers: Rigged to Fail

– September 25, 2020

“At the end of the day, we should all learn from history. We have seen which monetary policies work and which ones fail. We know what a drunk looks like and we know an unsustainable market when we see one. Eventually there are consequences for risky behavior. Relying on proven principles may not be as glorious or exciting but it will guarantee we actually come out in one piece.” ~ Ethan Yang

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bad science

Why So Much Science is Wrong, False, Puffed, or Misleading

– September 24, 2020

“The book, while scary and disheartening, is truth-seeking and ultimately optimistic. Ritchie doesn’t come to bury science; he comes to fix it. ‘The ideals of the scientific process aren’t the problem,’ he writes on the last page, ‘the problem is the betrayal of those ideals by the way we do research in practice.'” ~ Joakim Book

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We Must Choose: Liberty or Lockdown

– September 23, 2020

“So let’s stop pretending that our policies have been rational and need to be phased out, as if they once had a purpose. They should have been reversed summarily in March and acknowledged to be a mistake, perpetrated by statisticians with erroneous computer models. Instead we were subject to six months of hell, all beautifully documented by Tucker.” ~ George Gilder

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Liberty or Lockdown

– September 22, 2020

“The virus will vanish from the public mind as viruses do: inauspiciously as our clever immune systems incorporate its properties into our internal resistance codes. But we will have another struggle facing us in the years ahead concerning what precisely we are going to tolerate from our state officials and how much of a priority we are going to place on retaining our rights and liberties. This choice is something we must all face in our own lives, and then work to see instantiated in the legal structures of societies we hope can maintain their freedom.” ~ Jeffrey Tucker

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robot plans

Coronavirus and the Perils of Disease Modeling

– August 28, 2020

“Computer models and simulations have fed fear and enlivened tyranny. Many millions of people in the real world continue to suffer and, indeed, die under pandemic policies wrought by the output of iteratively-run code.” ~ Peter C. Earle

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The Power of “No”

– August 27, 2020

“Once we abandon a false and failed zero-sum worldview and realize just how much abundance is available for everyone, we will embrace winning friends, influencing people, and recognizing others’ right to say ‘no’ to any offer.” ~ Art Carden

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Review of Steven Horwitz, Austrian Economics: An Introduction

– August 18, 2020

“Austrian Economics: An Introduction is a very useful and accessible summary of what we know about this simple but powerful paradigm. Teachers and students alike would benefit from consulting it.” ~ Art Carden

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entrepreneur

In Praise of Evasive Entrepreneurs

– July 24, 2020

“Evasive Entrepreneurs is a welcome contribution that provides great insights into the regulatory process and the need to protect permissionless innovation. For Thierer, innovation matters because it feeds the engine of economic growth and plays a key role in expanding liberty. But, as he concludes, ‘we will only attain that goal by vociferously defending the freedom to innovate and the entrepreneurial spirit that propels the progress of our civilization.'” ~ Wayne T. Brough

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four pillars

The Indispensability of Economics

– July 23, 2020

“When we see the potential of freely interacting individuals, economic understanding becomes necessarily built on hope. Hope about innovation, mutual agreement, peace, and prosperity. When people are left to their own devices and the rulers of society are held accountable, this is what results.” ~ Ethan Yang

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