The paper (more like a glorified note, really) "Models Only Say What They’re Told to Say" (by me) will appear in the Springer book Prediction and Causality in Econometrics and…

From reader Goncalo Dias comes this excellent question: I have just sat through your seminar on (super-)models. [LINK] I have a quick question: if you assume some fluid mechanical properties…

Right after yesterday's post on (again) why rationalism and reason fail as philosophies, and on their severe limitations, I read an article profiling Gerd Gigerenzer and his "simple rules". It…

SICK Are you as sick as I am of these damned updates? Of idiot government overreaction and putrid public panic? SUMMARY Tests are dropping, as is positivity: you'd expect positivity…

MASS HYSTERIA There is already a paper on people going nuts: COVID-19 and the Political Economy of Mass Hysteria by Bagus et al. Abstract (with added paragraphifications by me): In…

This piece ran originally at The American Catholic, but Kurland graciously allowed us to re-run it here. It is a topic of deep interest for us. INTRODUCTION We keep reading…