As a science, economics does not always succeed at predicting how humans behave. The discipline assumes a level of rationality, and an ability to process complex information, that far exceeds human capacity. But as a standard for how people ought to behave, economics provides an excellent set of lessons. Consider the economic principle of consistency in financial…
The Duke Alumni Magazine just published a Q & A about my new book, Sick to Debt. Here was the picture accompanying that article. Y’all agree that this should have been the “author photo” on the back cover? Link to the Q & A
Yet another picture of the steep drop in the percent of Americans without healthcare insurance, post Obamacare. Thanks for sharing this, Dina Pomeranz (@DinaPomeranz).
In case you missed it, I am recirculating a picture put together by the Kaiser Family Foundation , which reveals two unsettling facts about health insurance in United States. First, the cost of employer-based health insurance has risen 61% since 2005. When health insurance premiums rise, salaries don’t. That’s a problem. Second, worker contributions have…
Advertising is about persuasion. Companies spend billions of dollars per year trying to convince us to buy their products. But sometimes, rigorous philosophical training can help us avoid that influence. Consider the following ad: Only deep immersion in Immanuel Kant helped me recognize the flaws in this reasoning!