Thursday, January 17, 2013

Noahpinion: Gold, gold, GOLD!!!

Noahpinion: Gold, gold, GOLD!!!: On November 11, 2011, Zero Hedge ran a post from a site called GoldCore. The title was: " Gold Over EUR 1,300 - On Way to ‘Infinity’ on ...

Two Kinds of People?

It seems to me there are two kinds of people (gross generalization).  The first kind already knows the answer and simply looks for supporting evidence to confirm their priors.  The second has an inkling, but looks for all evidence and answers the question after weighing the body of evidence.  This might even require updating your priors.  Who do you want to be?

Wednesday, January 9, 2013

Perhaps Someone Should Tell Ron Paul

 Here are four things economists agree on almost unanimously.  I especially like the fourth one as Mr. Gold bug, himself, will be visiting us next week.

http://www.theatlantic.com/business/archive/2012/04/4-politically-controversial-issues-where-all-economists-agree/255600/