Small sample sizes, global poverty, basketball and the Golden State Warriors, legalizing drugs, herd behavior in the media, and media as cheerleaders. Recently, Tyler Cowen interviewed Nate Silver of five thirtyeight.com in front on audience at the Mercatus Center. Here are some highlights I found particularly interesting, along with my comments. On the problem with […]| Econlib
When I started blogging in February 2009, I immediately got into lots of arguments about the Efficient Markets Hypothesis, which I think is “true” in the sense of being a good social science theory, a useful approximation of reality. I cited the fact that managed mutual funds tended to underperform index funds, and that those […]| Econlib
In case you missed any segment of the latest Reading Club, here’s the full package: Background Lead-in Part #1: Putterman and Weil Putterman’s Commentaries, with My Replies Part #2: Comin, Easterly, and Gong Part #3: Spolaore and Wacziarg Two Fun Facts from Putterman-Weil Part #4: Chanda, Cook, and Putterman Chanda Comments AMA Questions AMA Answers […]| Econlib