Arnold Kling: February 2003 Archives
Information Awareness
Thomas Bayes, an 18th-century pioneer in statistics, has been in the news quite a bit lately. This story, for example, describes Microsoft's plan to incorporate Bayesian analysis. "The technology will be embedded in future Microsoft software and is intended...
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A 'Commons' Misconception
In The Mystery of Capital, Peruvian economist Hernando De Soto argues that poorly defined property rights contribute to poverty in underdeveloped countries. In those countries, poor people live in houses to which no one has clear title. As a...
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Join the Conversation
I've been known to forget about Valentine's Day, but I always remember that February brings with it the Economic Report of the President, produced by the Council of Economic Advisers (CEA). As usual, this year's report is informative and...
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The Language Barrier
"There's been a lot of bad news out there in the world economy lately. Supposed economic superpowers like Germany and Japan have fallen on hard times; Asian tigers that thought the future belonged to them suddenly find that it belongs...
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