You finally win the lottery. How much happier will you be in the long run?
You finally are able to marry that desirable partner you always wanted. How much happier will you be long term?
Tragically, a teenage girl loses a limb in an automobile accident. How much unhappier will she be in the long run?
A young man, convinced he should have been a woman, saves up his money to get a “sex change” operation. How much happier will he be in the long run if he finally gets his way?
The answers to these questions, according to the scientific literature summarized in the article below are surprising.
Read more…
Here is an article about Prof. Doug Allen’s talk at the BYU Symposium. Divorce is important to study, because no one fully anticipated how much changing divorce rules would change many other areas of society. I posted on this lecture, from the conference itself. see here.
Allen said, it’s safe to say between 10 percent and 20 percent of marriages ended as a direct result of no-fault divorce laws. Read more…
I listened to Dr. J’s debate with Objectivist Dr. Yaron Brook about capitalism. I have to say that the debate was quite one sided. Dr. J delivered a polite yet devastating drubbing to Dr. Brook.
Of course, being a fan of debate, especially those with religious/secular themes, I find it hard not to kibbitz. So, here are some comments.
Dr. J opened up with some definitions of capitalism. That definition (taken from “The Victory of Reason” and supplied to her by yours truly, I might add) included several elements of capitalism. She then discussed the Pope’s approval of those elements. At this point, Dr. J could have uttered the words Quod Erat Demonstrandum and walked off the podium. She was gracious enough to continue. Read more…
My debate at Stanford, with Yaron Brook, president of the Ayn Rand Institute, has just been put on our podcast page. Pretty fun debate, pretty friendly debate, too, especially compared with some of my encounters on same sex marriage. I especially like the Q&A at the end of this debate. Enjoy!
Fear the Boom and Bust: A Hayek v Keynes rap anthem
My friends know I’m an economics nerd, so they’ll forgive me for going (slightly) off-topic. Full disclosure: one of the producers of this vid is Russ Roberts, a friend of mine, going back to my post-doc days at the University of Chicago!
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