The Process of Faith and Rational Imperfect Bayesian Analysis

I’ve previously written that Faith Without Certainty is OK, but in practice, many Christians act with certainty. Is there some contradiction here? This post argues against any contradiction. I distinguish between practical certainty and unqualified certainty, I show that all optimal and rational action is subject to constrained analysis, and I argue that applying a … Read more

Ed Stringham and the Information Puzzle

I recently began writing about my interest in The Preference Elasticity of Demand. This article argues that the Austrian School of Economics is a logical theoretical home for the theory of preference elasticity. I also discuss an objection the preference elasticity called the information puzzle. Ed Stringham is an Austrian economist and author of Private … Read more