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Monthly Archives: July 2007
The four cherished biases of Otto Normalverbraucher
Four important opinions of average voters that differ from the views of the trained economist. The average voter … Does not understand or appreciates the way markets work (and thus favors regulation and is suspicious of the profit motive) Prefers … Continue reading
Posted in Read Wash, Reality Wash
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the US in one sentence
“The big problem in this country is we’re hedonistic in our behavior and moralistic in our attitudes.” Michael Weinstein, the president of the AIDS Healthcare Foundation.
Posted in Read Wash
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