Month: January 2017

Ecological Rationality Matters

1/26 was my first class with Professor/Dr. Pete Leeson. He seems to be very intelligent and also personable, but by nature of man and blogs I am choosing to write about some things he said with which I disagree rather

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Non-Becker Rationality and Kahneman Irrationality

This article provides two Ideological Turing exercises: One argument in defense of hard-line Chicago rationality and one in defense of the existence of economic irrationality. I don’t think Gary Becker or any of the big Chicago names (eg Friedman) ever

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Kaldor-Hicks Problems

This article discusses notions of economic efficiency, notes a main one employed by applied economists to be Kaldor-Hicks efficiency, and discusses a few issues with that concept. Here are some kinds of economic efficiency: Pareto efficiency – loved by theorists

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Time and Debt

A savings and investment plan is an important component of a comprehensive budget. It’s not that hard to do, but there are some common mistakes some folks make. This article addresses how to form your savings and investment plan in

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