April 7, 2008

The Stand-Up Economist: a personal favorite

This is true, informative (if you have already tirelessly memorized the original ten principles) and worth the watch. It’s the basic idea behind two of my favorite quotes about economists:
If you spent fourteen minutes talking to an economist, you’ve wasted twelve minutes. - Author Unknown
If all economists were laid end to end, they would [...]

April 7, 2008

The trouble with relying on statistics…

Statistics can lie. In fact, all statistics are generated by studies funded by someone interested in finding something. Different research groups get together with an aim and, especially in the social sciences, they either publish all of their successes or abort the project. A bright line can be drawn between social scientists [...]

April 7, 2008

Digg: Could the President have a prisoner’s eye poked out?

Thirty pages into a memorandum discussing the legal boundaries of military interrogations in 2003, senior Justice Department lawyer John C. Yoo tackled a question not often asked by American policymakers: Could the president, if he desired, have a prisoner’s eyes poked out?
Or, for that matter, could he have “scalding water, corrosive acid or caustic substance” [...]