Newmark's Door

But a randomized trial reported in the Lancet doesn't show a statistically significant benefit. However, the Twitterati have a few doubts about the generalizability of the study.

Related: this 20-year-old paper, coauthored by noted Cal-Berkeley statistician, David A. Freedman, "Salt and Blood Pressure: Conventional Wisdom Reconsidered". Years ago when I first read it, I found it impressive, but I haven't kept up with any subsequent developments.

"The cliché has it that the Copenhagen interpretation demands adherence without deep enquiry. That does physics a disservice."

"The Five Laws Of Stupidity," based on the work of Carlo M. Cipolla, an Italian economic historian. (15-minute YouTube.)

"Bonhoeffer‘s Theory of Stupidity". (6-minute YouTube.)

The Tiebout model "predicts that – due to competition – local government policies will be highly economically efficient." (This is the "people can vote with their feet" model.) On its face the conclusion seems dubious, but the model has been https://betonit.blog/2022/03/11/tiebout-was-wrong-but-why/respected and popular. 

Bryan Caplan could well change that.

"A joke in 1978 is fiscal policy today."

Erick Erickson notes that oil hit a record high of  $147.90 on July 14, 2008, but that the price fell the next day and by the end of the week it was down 12% and it was $30/barrel by that November. He asks what happened on July 15?

Answer: Erickson claims that the fall was due entirely to President Bush announcing he was authorizing offshore oil exploration and that "oil is bought in a futures market, not a present market."

I will certainly say "Amen!" to this.

Related: "California not the model for America it thinks it is" and "Medi-Cal is a microcosm of what's wrong with government managed health insurance".

Well, sure.

(Contradicts some of the "myths" about conservatives such as "Conservative Women Are Plain Janes" and "All Conservatives Are White".

Highly favorable review of a short--200 pages--"elementary economics book we’ve been waiting for," Visible Hand.

(Three other good choices I'd recommend for those looking for such a book are Thomas Sowell's Basic Economics, Paul Heyne's The Economic Way of Thinking, and Harold Winter's Trade-Offs: An Introduction to Economic Reasoning and Social Issues.)

. . . but with  more sunshine, a better governor, and more Palmetto bugs: "Rich and famous are paying obscene amounts for homes in South Florida".

And, possibly, more aggressive mama geese.