Monthly Archives: July 2007

The four cherished biases of Otto Normalverbraucher

Posted on July 21, 2007 by fox

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 →

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the US in one sentence

Posted on July 16, 2007 by fox

“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.

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