Robert A. Book wrote:
Greider also has interesting material on the Democrats' connection to the S&L industry. I'd never heard about any of this, but he seems to have his facts straight on this point.

Wrong hasn't been so much fun in years!

Bryan, if he's wrong about the material you know a lot about, what makes you think he has his facts straight on the subjects you know less about?

Shouldn't his obvious errors on cost/benefit, risk analysis, and
corporate accountability reduce the prior probability (to you) that
he's right on anything?

Good question. Sure, errors in one area raise the probability of errors in other areas. But he's a journalist. I expect him to be weak on analytics. The 5 W's of who-what-when-where-why are what he's trained to get right.

--Robert Book

                        Prof. Bryan Caplan
       Department of Economics      George Mason University      [EMAIL PROTECTED]

        "Infancy conforms to nobody: all conform to it, so that
         one babe commonly makes four or five out of the adults
         who prattle and play to it."

--Ralph Waldo Emerson, "Self-Reliance"

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