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Don’t Rush to Judgment

I can’t give any of the details, but there were several incidents this week in my personal life where a few different people, observing just snippets of my actions, might very understandably get upset with me. The thing was, in each of the cases, if the people could see the bigger context and why I […]

Learning From Brad DeLong and Paul Krugman

[UPDATE below.] Rather than have a long series of posts discussing the fallout from my (price) inflation bet with David R. Henderson, I decided to do one comprehensive reply to Brad DeLong and Paul Krugman. I had toyed with not even responding, but two things ruled that out: (1) This isn’t a case of two […]

Ralphie Becomes Wiser

One of my favorite scenes:

I Found a New Place to Dwell

I’ve revamped the “Read At Your Own Risk” links since the old list was pretty stale. The one major change I want to draw to your attention is the addition of J.P. Koning’s blog. Just click on it right now and scroll through the topics. If you are interested in the history of monetary institutions, […]

Polish Data Bask

Can anyone point me to “official” statistics for Polish consumer price inflation and GDP growth from, say, 2000 onward?

Materialism Is Not Obviously Correct

I used to be a hardcore materialist. I confess, I don’t know that I ever would have abandoned the position if it weren’t for becoming a theist (again). So believe me when I say that I understand why an atheist has difficulty even conceiving of what it would mean, to not be a reductive materialist. […]

Regression Bask

[UPDATE below.] I’m seeing someone do something in a paper that strikes me as odd. So let me ask some of you stats guys what you think: Suppose I run a regression to see what effect independent variables X1, X2, …, Xn have on Y. I come up with my regression coefficients on each of […]

Question on Financial Repercussions of Secession

[Second UPDATE below.] [UPDATE below.] Something is puzzling me here. People who are willing to have a war to prevent secession argue that they are trying to prevent secessionists from imposing costs on everybody else. But what are the actual calculations to yield this result? Let’s take Texas for example. Depending on which estimate you […]