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Arnold Kling, an economist, published a book a decade ago that offered a way to think about the core difference between progressives and conservatives. Progressives, Kling wrote, see the world as a struggle between the oppressor and the oppressed, and they try to help the oppressed. Conservatives see the world as a struggle between civilization and... See more
Strong opinions, weakly held, are a cheap call option on information.
Byrne Hobart • The Startling Convexity of Expertise
Internal prediction market
Tyler Cowen • Why don't more businesses use prediction markets? - Marginal REVOLUTION
Arnold Kling, an economist, published a book a decade ago that offered a way to think about the core difference between progressives and conservatives. Progressives, Kling wrote, see the world as a struggle between the oppressor and the oppressed, and they try to help the oppressed. Conservatives see the world as a struggle between civilization and... See more
Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
amazon.com
The three axes allow each tribe to assert moral superiority.
Arnold Kling • The Three Languages of Politics: Talking Across the Political Divides
Not long after arriving at George Mason, Cowen read “Sexual Personae”by Camille Paglia, a buccaneering polemic about Western art across millennia. Although he didn’t agree with Paglia’s ideas, he saw this was the kind of book he wanted to write. Within months he was drafting a lively, popular history of markets and high culture. In 2003 he and Taba... See more