There are two sources of error: Either you lack sufficient data, or you fail to take advantage of the data that you have.

Worldviews are more a mental security blanket than a serious effort to understand the world

There are two sources of error: Either you lack sufficient data, or you fail to take advantage of the data that you have.

Let us designate anarchism1 anarchism as you define it. Let us desiginate anarchism2 anarchism as I and the American Heritage College Dictionary define it.

The best social insurance is to make more progress, not to make more work

The use of force is easy to rationalize in terms of basic economics. 'We should make them PAY for what they've done!' It's just the law of demand: raise the price of crossing us, and fewer people will cross us. Make the price another Hiroshima, and perhaps the quantity demanded will fall to zero.

Sociotropic voters with biased economic beliefs are more likely to produce severe political failures than are selfish voters with rational expectations.