Arnold Kling: October 2002 Archives

The New Political Economy?

"It's all too easy to see how we may become a country in which the big rewards are reserved for people with the right connections; in which ordinary people see little hope of advancement; in which political involvement seems pointless,... Read More

The Trackable Society

"Do these slayings, or the war on terrorism, put these cameras in a different light? If technology is the only way to enforce a law, any law, is it wrong to use that technology because it's intrusive. Society will have... Read More

What's Your
Margin of Safety?

"The margin of safety is always dependent on the price paid. It will be large at one price, small at some higher price, non-existent at some still higher price." Benjamin Graham, The Intelligent Investor Are stocks cheap, or are they... Read More

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