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Search: Posts Made By: Malthus
Forum: Diavlog comments 01-29-2008, 02:39 PM
Replies: 21
Views: 13,459
Posted By Malthus
Re: Tim's Book

Will's diavlogs continue to impress me as well.

You may be right at the level of popular dialogue. However, there is an extensive economic literature around market optimality theories. These...
Forum: Diavlog comments 01-28-2008, 08:53 PM
Replies: 21
Views: 13,459
Posted By Malthus
Re: I think

I would agree with your suggestion that we look into potentially revising our assumptions about rationality. However, depending on how it is done, the move could put many Economists into a tight...
Forum: Diavlog comments 01-28-2008, 11:27 AM
Replies: 21
Views: 13,459
Posted By Malthus
Practiced Rationality

It is interesting that the libertarian approach to the empirical falsification of traditional neo-classical assumptions about rationality is to continually redefine the term.

While Harford is...
Forum: Diavlog comments 01-17-2008, 04:43 PM
Replies: 59
Views: 24,877
Posted By Malthus
The Farcical Endgame of Market Utopianism

I cannot wait to see Mr. Wilkinson's "Inequality Paper." If his argument here is any indication, then CATO has now begun to take a position on markets that is nothing short of fanciful utopianism. Or...
Forum: Diavlog comments 12-17-2007, 02:31 PM
Replies: 81
Views: 46,843
Posted By Malthus
The Inefficient Market Hypothesis

I cannot help but suspect that history will laugh at the bulldog tenacity with which people like Megan McArdle cling to the Pangloss-like utopian doctrine of the Market Society (Even as she herself...
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