Fragments of a blog
Fragments of a blog
From Britannica’s entry on Dostoevsky’s Notes from the Underground: The views and actions of Dostoyevsky’s underground man demonstrate that in asserting free will humans often act against self-interest… When he turns to reason for salvation, it fails him, and he…
In Chapter 4 of Misbehaving, Richard Thaler writes: Here is a test to see if you are a good intuitive Pythagorean thinker. I mentioned this test in my previous post. Here’s Thaler’s formulation of it, abridged by me: Consider two…
…but what is rationality? What is rational behavior? In a word, maximizing: choosing the preferable consumption bundle given the budget constraints and certain other factors. One word is not enough, it seems. I should link to the principal sources of…
In 2013, “W.W.” wrote in the Democracy in America column in The Economist: The insidiousness of “libertarian paternalism” is not in the slippery slope from the non-coercive nudge to explicitly coercive limits on individual liberty. Rather, the problem is that,…