May 24, 2005
Tim Lee has a good post on HSAs in response to this bit of Ygelasiasism. (By the way, if Matt’s claim that HSA’s will hasten the arrival of socialized medicine in America is not a fine, fine specimen of the pundit’s fallacy, then hope has never triumphed over intelligence.)
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May 23, 2005
As Jencks and Tach note, (hat tip: Reihan) your economic status is robustly correlated with your parent’s economic status. Is it “luck” that members of the middle-class, for example, pass on middle-class virtues of hard work, the importance of investment in human capital, delayed gratification, punctuality, thrift, etc., to their children. No. Not at all. [...]
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