On Advertising
“Advertising is legalized lying.” – H.G. Wells
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“Advertising is legalized lying.” – H.G. Wells
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Albert Rees was a University of Chicago trained economist who wrote some of the most influential works in the field of labor economics. Despite his Chicago training – Chicago being the epicenter of the idea that humans are guided largely by rational choice – he was well aware of something crucial missing from economic theory:…
“It’s not much of an exaggeration to say that the Internet is a post office, newsstand, video store, shopping mall, game arcade, reference room, record outlet, adult book shop and casino rolled into one. Let’s be honest: that’s amazing. But it’s amazing in the same way a dishwasher is amazing—it enables you to do something…
Thanks to science, we are confronted with new discoveries every day. But there are some things that science can’t teach us, and which we need to learn without its help. This point was made marvelously in an essay in the Atlantic monthly by Clancy Martin, who was discussing the increasing number of popular books written by…
They take our money, and hand it over to hospitals and doctors, while keeping a good portion for themselves. What a waste, huh? Well, yes and no. To see a really illuminating discussion of health insurance companies, and what they really do, see this blog http://michaelbrownmd.blogspot.com/2010/02/health-insurance-does-not-earn-its.html by Michael Brown– the Chief Information Officer at Harvard…
Freedom to be insane is an illusory freedom, a cruel hoax perpetrated on those who cannot think clearly by those who will not think clearly. -E. Fuller Torrey (Click here to view comments)
WWII Gen. Terry de la Mesa Allen on military strategy: “Tactics are nine tenths audacity.”