From the monthly archives:

October 2005

Exciting Consumption Opportunity!

October 31, 2005

Tim Harford’s The Undercover Economist officially goes on sale tomorrow, but, hey, you can buy it today. You can, in fact, click my link, and I’ll get a kickback. Why am I shilling for Tim? Because he’s written a great book that you’ll like, he gives me good beer, and he can give me even [...]

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Rich and Happy

October 31, 2005

[Cross-posted at Happiness and Public Policy]
Cato intern Jonathan Rick sends me this Washington Times article with news that Americans are slap happy, according to a Harris Poll conducted using the Eurobarometer questions. The new poll has it that Americans are happier than any other people in the world, except for the not-so-gloomy Danes.
The Times [...]

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New Happiness Blog

October 29, 2005

I’ve decided to start a single issue blog devoted to happiness research, policy, and politics, in support of the paper I am writing for Cato and as a one-stop resource for others interested in happiness and policy (but perhaps not interested in other stuff I write about here.) All my Fly Bottle happiness posts, along [...]

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More on the Paradox of the Lack of a Paradox When Maintaining That There is a Paradox

October 26, 2005

I finally received David G. Myers The American Paradox in the mail. Naturally, it begins, "We Americans embody a paradox." After quoting Dickens, "It was the best of times, it was the worst of times," that is. But what’s the "worst of times" about our times? Myers says, "There are those who wring their hands [...]

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Leiter on the Morally Reprehensible

October 26, 2005

Injustice is not primarily a property of systems, but a property of judgments and other actions. I think it is safe to say that willful injustice is morally reprehensible. And so Brian Leiter’s ridiculous package-dealing smear against “conservatives,” asserting that they invariably defend the morally reprehensible, is itself morally reprehensible.
In a baffling attempt to [...]

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To the Deluxe Apartment in the Sky!

October 25, 2005

I’ve cited this Alesina et. al paper that reportsthat the widespread belief in high income mobility is the source of the fact that high inequality has no negative effect on the self-reported happiness of poor Americans, but a significant negative effect for wealthier Americans, who understand that mobility is a two way street, and that [...]

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Tempt Me

October 25, 2005

My blog is worth $122,505.18.How much is your blog worth?

I am willing to entertain offers!

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Undercover Economist Not So Much Under Cover

October 23, 2005

If you’re looking forward to Tim Harford’s The Undercover Economist, the Financial Times has published a nice excerpt about price discrimination. Good Stuff!

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The Fake Paradox of Prosperity

October 18, 2005

So, you know all the paradox flogging books: The Progress Paradox, The American Paradox, The Paradox of Choice. Layard begins Happiness with “There is a paradox at the heart of our lives.”
Now, I’m increasingly baffled by the idea that there is anything paradoxical afoot. Many of these books refer to “Easterlin’s Paradox,” in [...]

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Utility Does Not Mean Utility

October 17, 2005

I find it extremely frustrating that economists, who like to color themselves intellectually rigorous folk, insist on confusing people about the meaning of words. Here’s Robert Frank in Luxury Fever:
In economist’s parlance, it is customary to speak not of happiness, but of utility. The analogous construct in the psychological literature is subjective [...]

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Evolving Debate

October 14, 2005

I haven’t been able to follow the debate over Buller’s Adapting Minds as closely as I would like. (I never finished the post I was writing about Fodor’s silly review.)  But the debate proceeds apace. Cosmides and Tooby have put up a page with preliminary replies to Buller. University of Wisconsin anthropologist John Hawks has [...]

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Behind the Veils

October 13, 2005

Glen Whitman asks whether Buchanan & Tullock "scooped" Rawls and his device of a "veil of ignorance" by introducing the device of a "veil of uncertainty" into their contractarian choice procedure in the Calculus of Consent. My answer is "sort of."  It is clear from the footnotes of A Theory of Justice that Rawls knew [...]

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Is Game Theory Worth a Damn?

October 13, 2005

The Aumann/Schelling Nobel has inspired much discussion over the intellectual usefulness of game theory. In response to Michael Mandel’s worry that game theory does us no good, Tyler offers a number of responses, and Mandel reiterates his concern. Over at Crooked Timber, John Quiggin discusses problems of indeterminacy in the absence of the common knowledge [...]

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Comments Without Registration

October 12, 2005

Because MT 2.3 has considerably better spam controls, I thought I’d experiment in removing the registration barrier for comments.
The new version has a "folder" for comment and trackback spam, and I’m absolutely amazed by the quantity of it. I appear to be getting about one spam comment a minute, but so far, the levee [...]

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Schelling is/and the Bomb

October 11, 2005

Tim Harford, author of the highly anticipated Undercover Economist (Steven Levitt calls it “required reading”), has a lovely little essay in appreciation of Thomas Schelling in tomorrow’s Financial Times. A non-subscription version is available on Tim’s website.

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Who Am I? Why Am I Here?: Admiral Stockdale on the Anxiety of Choice (Guest-Starring Victor Frankl)

October 10, 2005

It struck me this morning that Schwartz’s problem of managing “too much” freedom is kind of the opposite of the problem of managing too little freedom implicit in Admiral Stockdale’s Epictetian stoicism and Victor Frankl’s existential therapy. Or is it the same!? (If you don’t know, Stockdale was tortured for years by the North Vietnamese [...]

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Schelling!

October 10, 2005

I’m just thrilled that Thomas Schelling will share with Robert Aumann a piece of this year’s Nobel Prize in economics. I had the opportunity to meet Schelling at a conference on self-deception I helped organize for Mercatus. I believe he may well be the most astonishingly articulate person I’ve ever heard speak. But more important, [...]

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Reality & Representation

October 5, 2005

Schwartz also constantly mixes up objective opportunity and the representation of such: “. . . choice has negative features, and the negative features escalate as the number of choices increases.” No, the negative features escalate as the number of choices entertained, or represented to the self, increases.
It is very important for Schwartz that whatever [...]

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Use the Schwartz, Lone Starr!

October 5, 2005

OK, am I being fair to Schwartz? There’s obviously a sense in which someone who gets married is less free. What sense is that?
First, what are our main options for the meaning of ‘freedom’ here?
(1) Freedom as objective opportunity/ability.
(2) Freedom as lack of coercively imposed constraint.
(3) Freedom as a lack of culturally (but non-coercively)imposed constraint.
(4) [...]

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Schwartz on Freedom: Vacuity or Stirnerism?

October 4, 2005

Looking again at Barry Schwartz’s The Paradox of Choice, I’m struck by something Virginia Postrel picked up on in her Reason review, which is that Schwartz’s argument turns on a false opposition between freedom and commitment. I tripped up on the same passage Virginia noted:
In the context of this discussion of choice and autonomy, [...]

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