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	<title>Steven Landsburg &#124; The Big Questions: Tackling the Problems of Philosophy with Ideas from Mathematics, Economics, and Physics &#187; Roundup</title>
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	<description>The Big Questions &#124; Tackling the Problems of Philosophy with Ideas from Mathematics, Economics, and Physics</description>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/11/13/weekend-roundup-42/</link>
		<comments>http://www.thebigquestions.com/2010/11/13/weekend-roundup-42/#comments</comments>
		<pubDate>Sat, 13 Nov 2010 07:01:42 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=5226</guid>
		<description><![CDATA[We started the week with a few words about estate taxes.
Then it was on to the justice system.  On Tuesday I offered a little quiz on recognizing reasonable doubt (or its absence) in an exceptionally simple environment.  Some readers thought that environment was too simple to be interesting.   On the contrary, [...]]]></description>
			<content:encoded><![CDATA[<p>We started the week with a few words about <a href="http://www.thebigquestions.com/2010/11/08/thaler-on-the-estate-tax/">estate taxes</a>.</p>
<p>Then it was on to the justice system.  On Tuesday I offered a little <a href="http://www.thebigquestions.com/2010/11/08/thaler-on-the-estate-tax/">quiz</a> on recognizing reasonable doubt (or its absence) in an exceptionally simple environment.  Some readers thought that environment was too simple to be interesting.   On the contrary, it&#8217;s simplicity is what <b>makes</b> it so interesting.  If we can&#8217;t recognize reasonable doubt in such a simple environment, how can we ever recognize it in the courtroom?</p>
<p>On Wednesday, we talked about the appropriate <a href="http://www.thebigquestions.com/2010/11/10/reasonable-doubts/">numerical cutoff</a> for reasonable doubt, and on Thursday we took a step back and asked what <a href="http://www.thebigquestions.com/2010/11/11/reasoning-about-whats-reasonable/">principles</a> we should apply in choosing that cutoff.   On Friday, I decried the <a href="http://www.thebigquestions.com/2010/11/12/blinded-justice/">dereliction of duty</a> by judges and legislators who refuse to tell us what cutoff they have in mind when they use the word &#8220;reasonable&#8221;.  </p>
<p>Some commenters thought that giving jurors a precise numerical standard was asking them to think more &#8220;mathematically&#8221; (whatever that means) than we can reasonably expect.  But there&#8217;s no mathematics involved in telling a juror that he should convict if he believes that in 100 similar cases, at least 93 of the defendants will be guilty.  No mathematics, that is, beyond the ability to count to 100, which is, I think, something we already expect of our jurors.</p>
<p>If I don&#8217;t tell you what &#8220;reasonable&#8221; means, then &#8220;beyond a reasonable doubt&#8221; makes as much sense as &#8220;beyond a gribzle doubt&#8221;.  Judges could, if they wanted to, tell juries to convict if the evidence convinces them beyond a gribzle doubt, and then refuse to reveal what &#8220;gribzle&#8221; means.  I don&#8217;t see how that system would differ substantially from the one we have now.  </p>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/10/30/weekend-roundup-41/</link>
		<comments>http://www.thebigquestions.com/2010/10/30/weekend-roundup-41/#comments</comments>
		<pubDate>Sat, 30 Oct 2010 06:01:36 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=5108</guid>
		<description><![CDATA[This week we celebrated the greatest logician, the greatest economist, and the greatest lyric poet of the 20th century, beginning on Monday with a nod to the 80th anniversary of Kurt Godel&#8217;s Incompleteness Theorem, continuing Tuesday with an attempt to popularize Ken Arrow&#8217;s Impossibility Theorem (which, incidentally, Arrow preferred to call the &#8220;General Possibility Theorem&#8221;) [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.thebigquestions.com/wp-content/uploads/2010/10/pumpkinroundup.jpg"><img src="http://www.thebigquestions.com/wp-content/uploads/2010/10/pumpkinroundup.jpg" alt="pumpkinroundup" title="pumpkinroundup" width="240" height="104" class="alignleft size-full wp-image-5111" /></a>This week we celebrated the greatest logician, the greatest economist, and the greatest lyric poet of the 20th century, beginning on Monday with a nod to the 80th anniversary of <a href="http://www.thebigquestions.com/2010/10/25/eighty-years-of-incompleteness/">Kurt Godel</a>&#8217;s Incompleteness Theorem, continuing Tuesday with an attempt to popularize <a href="http://www.thebigquestions.com/2010/10/26/straight-arrow/">Ken Arrow</a>&#8217;s Impossibility Theorem (which, incidentally, Arrow preferred to call the &#8220;General Possibility Theorem&#8221;) and on Wednesday with an homage to <a href="http://www.thebigquestions.com/2010/10/27/blogpost-in-october/">Dylan Thomas</a> on his 96th birthday.  </p>
<p><a href="http://www.marginalrevolution.com/marginalrevolution/2010/10/popularizing-the-arrow-impossibility-theorem.html">Tyler Cowen</a> and <a href="http://www.marginalrevolution.com/marginalrevolution/2010/10/popularizing-arrows-theorem-ii.html">Alex Tabarrok</a> also took on Arrow&#8217;s Theorem this week, though it seems to me that Tyler got it wrong, for reasons I <a href="http://www.thebigquestions.com/2010/10/28/arrows-theorem-take-two/">explained</a> on Thursday.  And on Friday I did my small part to publicize <a href="http://www.thebigquestions.com/2010/10/29/and-in-this-corner/">Bob Murphy</a>&#8217;s challenge to Paul Krugman, and how you can help.</p>
<p>More on Monday!  In the meantime, happy Halloween!</p>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/10/16/weekend-roundup-40/</link>
		<comments>http://www.thebigquestions.com/2010/10/16/weekend-roundup-40/#comments</comments>
		<pubDate>Sat, 16 Oct 2010 23:26:31 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Rationality]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4954</guid>
		<description><![CDATA[This week we had two posts on the foundations of rationality and two on whether there&#8217;s been a recent surge in government spending.  
The government spending posts are here and here.  It seems to me that the graphs in the second post are dispositive.
The rationality posts are here and here.  These led [...]]]></description>
			<content:encoded><![CDATA[<p>This week we had two posts on the foundations of rationality and two on whether there&#8217;s been a recent surge in government spending.  </p>
<p>The government spending posts are <a href="http://www.thebigquestions.com/2010/10/13/surgin-usa/">here</a> and <a href="http://www.thebigquestions.com/2010/10/13/feeling-the-surge/">here</a>.  It seems to me that the graphs in the second post are dispositive.</p>
<p>The rationality posts are <a href="http://www.thebigquestions.com/2010/10/12/how-rational-are-you/">here</a> and <a href="http://www.thebigquestions.com/2010/10/15/rationality-redux/">here</a>.  These led to a lot of convoluted discussion, so let me give you the executive summary.</p>
<p><span id="more-4954"></span></p>
<p>I claim these things:</p>
<p><b>Claim One</b>:  I have here a mystery pet that might be a dog and might be a cat.  If you prefer dogs to cats, you&#8217;ll prefer a dog to the mystery prize &#8212; and vice versa.</p>
<p><b>Claim Two</b>:  If you prefer dogs to cats, then you&#8217;ll prefer an 11% chance at a dog to an 11% chance at a cat &#8212; and vice versa.</p>
<p><b>Claim Three:</b>  The same things are true if you replace &#8220;dog&#8221; and &#8220;cat&#8221; with any other prizes you care to think of.</p>
<p><b>Claim Four:</b>  The desirability of a lottery depends only on the prizes and the probabilities of winning.  </p>
<p><b>Claim Five:</b>  If you accept Claims One through Four, then you must answer either A to both of the following questions or B to each of the following questions:</p>
<p><b>Question 1:</b>  Which would you rather have:</p>
<ol type=A>
<li>A million dollars for certain</li>
<li>A lottery ticket that gives you an 89% chance to win a million dollars, a 10% chance to win five million dollars, and a 1% chance to win nothing.</li>
</ol>
<p><strong>Question 2:</strong> Which would you rather have:</p>
<ol type="A">
<li>A lottery ticket that gives you an 11% chance at a million dollars (and an 89% chance of nothing)</li>
<li>A lottery ticket that gives you a 10% chance at five million dollars (and a 90% chance of nothing)</li>
</ol>
<p>Claim Five, as I&#8217;ve explained in the earlier posts, is a logical necessity.  So if you want to defend inconsistent answers to Questions 1 and 2, then you are forced to deny at least one of Claims One through Four.  It would be very helpful if participants in the ongoing discussion would specify exactly which claim they dispute.</p>
<p>I&#8217;ll have more to say about rationality &#8212; and a variety of other topics &#8212; over the next week.</p>
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		<title>Bah</title>
		<link>http://www.thebigquestions.com/2010/10/16/bah/</link>
		<comments>http://www.thebigquestions.com/2010/10/16/bah/#comments</comments>
		<pubDate>Sat, 16 Oct 2010 06:52:22 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4950</guid>
		<description><![CDATA[Here&#8217;s where you&#8217;d ordinarily see our weekly roundup post.  Unfortunately, I haven&#8217;t been able to get a web connection to my provider for the past several hours (though they&#8217;re definitely up and running); all attempts seem to stall while trying to pass through a downed machine in Chicago.  Isn&#8217;t the whole point of [...]]]></description>
			<content:encoded><![CDATA[<p>Here&#8217;s where you&#8217;d ordinarily see our weekly roundup post.  Unfortunately, I haven&#8217;t been able to get a web connection to my provider for the past several hours (though they&#8217;re definitely up and running); all attempts seem to stall while trying to pass through a downed machine in Chicago.  Isn&#8217;t the whole point of the Internet supposed to be that there are multiple paths from everywhere to everywhere so this kind of thing can&#8217;t happen?</p>
<p>Be that as it may, I am logged into a shell account and posting this via lynx (if you don&#8217;t know what that means, you&#8217;re probably not as old as me), and the interface is far too painful to type anything substantive.  So I&#8217;ll plan to post the usual roundup sometime tomorrow, after they&#8217;ve cleared the gunk out of the Intertubes.</p>
<p> <center><font color=orange>Click <a href="http://www.thebigquestions.com/2010/10/16/bah/">here</a> to comment or read others&#8217; comments.</font></center></p>
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		<slash:comments>4</slash:comments>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/10/09/weekend-roundup-39/</link>
		<comments>http://www.thebigquestions.com/2010/10/09/weekend-roundup-39/#comments</comments>
		<pubDate>Sat, 09 Oct 2010 06:01:25 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4879</guid>
		<description><![CDATA[The Internet seems to have bred a peculiar subspecies of troll that cheerfully devotes enormous effort to refuting arguments nobody ever made.   While they seem to have infinite time to construct these pointless rebuttals, these troll-types seem to have no time at all in which to actually digest the arguments they think they&#8217;re [...]]]></description>
			<content:encoded><![CDATA[<p>The Internet seems to have bred a peculiar subspecies of troll that cheerfully devotes enormous effort to refuting arguments nobody ever made.   While they seem to have infinite time to construct these pointless rebuttals, these troll-types seem to have no time at all in which to actually digest the arguments they think they&#8217;re rebutting.   They start with a guess as to what someone else might have said, and seem all but incapable of entertaining the notion that they might have guessed wrong.     Is there a name for these people?  &#8220;Crank&#8221; and &#8220;troll&#8221; are too general.  If it were up to me, we&#8217;d reserve the word &#8220;Bozo&#8221; for this purpose, but it too is already in more general use.  We need a new word!  Give me your suggestions!</p>
<p>A title like <a href="http://www.amazon.com/More-Sex-Safer-Unconventional-Economics/dp/1416532226/ref=nosim/?tag=moseissase-20">More Sex is Safer Sex</a> is like red meat to these folks  and on Monday we took a moment to <a href="http://www.thebigquestions.com/2010/10/04/the-python-misinterpreter/">defend that argument</a> against the latest Bozo Barrage (I&#8217;ll stick with this name till you give me a better one).  Then on Tuesday we confronted a different subspecies of troll &#8212; the <a href="http://www.thebigquestions.com/2010/10/05/topsy-turvy/">statistical obfuscator</a>.  Our reader <a href="http://www.windypundit.com/">Windypundit</a> did some detective work and discovered that the offending graph was produced by an agency of the United States government.  That, of course, is no excuse for perpetrating the deception.</p>
<p>Our graphical escapade led to a discussion of the gender gap in wages and whether it can be plausibly explained by employer discrimination.  It&#8217;s often argued that it can&#8217;t, because that would require employers to sacrifice a profit opportunity.  On Wednesday, I rejected that argument on the grounds that employers sacrifice profit opportunities all the time &#8212; but offered a (slightly) <a href="http://www.thebigquestions.com/2010/10/06/womens-wages-and-the-back-of-my-envelope/">more sophisticated version</a> that rejects the employer-discrimination hypothesis because it would require employers to sacrifice a <b>very large</b> profit opportunity.  Of course, as our reader <a href="http://www.thebigquestions.com/2010/10/06/womens-wages-and-the-back-of-my-envelope/#comment-13101">Patrick</a> observes, this still doesn&#8217;t rule out the hypotheses of customer-discrimination or employee-discrimination.  (In the latter case, male workers refuse to accept female colleagues.  And again, the argument I gave can&#8217;t reject this.  On the other hand, a different argument probably can &#8212; if the wage gap were driven by employee-discrimination, firms could profit not by hiring a few more females, but by hiring <b>only</b> females.  In equilibrium, you&#8217;d expect half of all firms to be all female, half all male, and wages to be equalized across firms.</p>
<p>Thursday I reran a year-old post on how to <a href="http://www.thebigquestions.com/2010/10/07/a-little-arithmetic-2/">add all the positive integers</a> and get -1/12.  This post generated just one comment!  I&#8217;m not sure whether this was because none of you like this kind of thing, or whether you found it too awesome to remark on.  </p>
<p><span id="more-4879"></span></p>
<p>And Friday I <a href="http://www.thebigquestions.com/2010/10/07/a-little-arithmetic-2/">pointed you</a> to the upcoming <a href="http://www.g4g-com.org/event-map/">Gatherings for Gardner</a> and encouraged you to attend one in your  area &#8212; or to   consider <a href="http://www.g4g-com.org/g4g_com_hosting/">hosting</a> one.   </p>
<p>(Yes, I was in fact put up to this by a  publicist for the Gathering-for-Gardner organization.  No, I don&#8217;t get any compensation for this beyond the satisifaction of doing a good turn for my readers.  For the record, I get several emails a day from publicists wanting me to hawk their clients&#8217; events and books, and only the tiny handful that I believe my readers will care about actually make it to the blog.)</p>
<p>I have a full weekend coming up and am likely to be AWOL on Monday.  I&#8217;ll see you Tuesday at the latest. </p>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/10/02/weekend-roundup-38/</link>
		<comments>http://www.thebigquestions.com/2010/10/02/weekend-roundup-38/#comments</comments>
		<pubDate>Sat, 02 Oct 2010 06:01:15 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4824</guid>
		<description><![CDATA[Reminder:  The Big Questions is out in paperback, and Amazon has it for 33% off.  Do your Christmas shopping early!
This week we tackled the biggest of all questions:  Why is there something rather than nothing?  Then we tackled it again.  If you like this stuff, you&#8217;ll like the opening chapters [...]]]></description>
			<content:encoded><![CDATA[<p>Reminder:  <a href="http://www.amazon.com/Big-Questions-Philosophy-Mathematics-Economics/dp/143914821X/ref=nosim/?tag=moseissase-20"><em>The Big Questions</em></a> is out in paperback, and Amazon has it for <a href="http://www.amazon.com/Big-Questions-Philosophy-Mathematics-Economics/dp/1439148228/ref=nosim/?tag=moseissase-20">33% off</a>.  Do your Christmas shopping early!</p>
<p>This week we <a href="http://www.thebigquestions.com/2010/09/27/the-grand-design/">tackled</a> the biggest of all questions:  Why is there something rather than nothing?  Then we tackled it <a href="http://www.thebigquestions.com/2010/09/30/the-mathematical-universe/">again</a>.  If you like this stuff, you&#8217;ll like the opening chapters of <a href="http://www.amazon.com/Big-Questions-Philosophy-Mathematics-Economics/dp/143914821X/ref=nosim/?tag=moseissase-20"><em>The Big Questions</em></a> .</p>
<p>In between, we paused for a few words about <a href="http://www.thebigquestions.com/2010/09/29/ungodly-ignorance/">religion</a> &#8212; another topic you&#8217;ll find a lot more about in <a href="http://www.amazon.com/Big-Questions-Philosophy-Mathematics-Economics/dp/143914821X/ref=nosim/?tag=moseissase-20"><em>The Big Questions</em></a>.</p>
<p>I also told you where to find me in <a href="http://www.thebigquestions.com/2010/09/28/talking-in-memphis/">Memphis</a>.  I&#8217;ll see you there, or at least back here on Monday.</p>
<p> <center><font color=orange>Click <a href="http://www.thebigquestions.com/2010/10/02/weekend-roundup-38/">here</a> to comment or read others&#8217; comments.</font></center></p>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/09/18/weekend-roundup-37/</link>
		<comments>http://www.thebigquestions.com/2010/09/18/weekend-roundup-37/#comments</comments>
		<pubDate>Sat, 18 Sep 2010 06:01:01 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4720</guid>
		<description><![CDATA[The topics of the week were daughters and divorce, capital taxation, capital taxation again, and intelligent childhood questions.  I&#8217;ll be back with more, of course, on Monday.
 Click here to comment or read others&#8217; comments.
]]></description>
			<content:encoded><![CDATA[<p>The topics of the week were <a href="http://www.thebigquestions.com/2010/09/13/psychology-yesterday-daughters-and-divorce/">daughters and divorce</a>, <a href="http://www.thebigquestions.com/2010/09/14/getting-it-right/">capital taxation</a>, capital taxation <a href="http://www.thebigquestions.com/2010/09/15/capital-gains-followup/">again</a>, and <a href="http://www.thebigquestions.com/2010/09/16/speed-math/">intelligent childhood questions</a>.  I&#8217;ll be back with more, of course, on Monday.</p>
<p> <center><font color=orange>Click <a href="http://www.thebigquestions.com/2010/09/17/weekend-roundup-37/">here</a> to comment or read others&#8217; comments.</font></center></p>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/09/11/weekend-roundup-36/</link>
		<comments>http://www.thebigquestions.com/2010/09/11/weekend-roundup-36/#comments</comments>
		<pubDate>Sat, 11 Sep 2010 06:01:08 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4669</guid>
		<description><![CDATA[This week we completed our three-part series on efficiency.  The three posts covered a lot of ground, but here were the major themes:
First, why we should care about efficiency.
Second, why the efficiency criterion is sometimes incoherent, why those episodes of incoherence are fortunately rare, and why efficiency therefore remains, in most cases, a good [...]]]></description>
			<content:encoded><![CDATA[<p>This week we completed our three-part series on efficiency.  The three posts covered a lot of ground, but here were the major themes:</p>
<p><a href="http://www.thebigquestions.com/2010/08/30/efficiency-experts/">First</a>, why we should care</a> about efficiency.</p>
<p><a href="http://www.thebigquestions.com/2010/09/07/efficiency-the-hard-cases/">Second</a>, why the efficiency criterion is sometimes incoherent, why those episodes of incoherence are fortunately rare, and why efficiency therefore remains, in most cases, a good guide to policy.</p>
<p><a href="http://www.thebigquestions.com/2010/09/09/ruthless-efficiency/">Third</a>, why our instinctive recoil from cold-blooded efficiency is often misplaced.</p>
<p>We also <a href="http://www.thebigquestions.com/2010/09/09/ruthless-efficiency/">revisited</a> last week&#8217;s <a href="http://www.thebigquestions.com/2010/09/02/puzzle-corner/">probability puzzle</a> and reposted some past <a href="http://www.thebigquestions.com/2010/09/10/video-arcade/">videos</a> in a new improved format. </p>
<p>I am off in the woods and largely away from the Internet for the rest of the weekend, so I might be a little slow to see your comments, but rest assured that I&#8217;ll all get read&#8212;and that I&#8217;ll be back on Monday.</p>
<p> <center><font color=orange>Click <a href="http://www.thebigquestions.com/2010/09/11/weekend-roundup-36/">here</a> to comment or read others&#8217; comments.</font></center></p>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/09/04/weekend-roundup-35/</link>
		<comments>http://www.thebigquestions.com/2010/09/04/weekend-roundup-35/#comments</comments>
		<pubDate>Sat, 04 Sep 2010 06:01:45 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4615</guid>
		<description><![CDATA[We had substantive posts this week on two of our recurring topics &#8212; economic efficiency and the foundations or arithmetic.  
The former brought us the honor of an extended visit from Uwe Reinhardt, who, as far as I can tell, objects not to the concept of efficiency or to its usefulness, but to its [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.thebigquestions.com/wp-content/uploads/2010/05/roundup2.jpg"><img src="http://www.thebigquestions.com/wp-content/uploads/2010/05/roundup2.jpg" alt="roundup2" title="roundup2" width="200" height="145" class="alignleft size-full wp-image-3489" /></a>We had substantive posts this week on two of our recurring topics &#8212; <a href="http://www.thebigquestions.com/2010/08/30/efficiency-experts/">economic efficiency</a> and the <a href="http://www.thebigquestions.com/2010/09/01/basic-arithmetic-on-what-there-is/">foundations or arithmetic</a>.  </p>
<p>The former brought us the honor of an extended visit from <a href="http://en.wikipedia.org/wiki/Uwe_Reinhardt">Uwe Reinhardt</a>, who, as far as I can tell, objects not to the concept of efficiency or to its usefulness, but to its <b>name</b>.  But any crusade to change a well-established technical term is, I think, doomed to failure.</p>
<p>Efficiency, of course, is only one of the normative criteria in the economist&#8217;s arsenal.  I pointed, for example, to an earlier <a href="http://www.thebigquestions.com/2010/07/06/toy-stories/">post</a> where I&#8217;d outlined a <a href="http://www.thebigquestions.com/toymodel.pdf">toy framework</a> for evaluating some of the normative claims made by one of Professor Reinhardt&#8217;s Princeton colleagues.  That toy framework employs a utilitarian criterion that goes beyond efficiency.  It evaluates policies on the basis of &#8220;what an amnesiac would prefer&#8221;, which is very different than a pure efficiency criterion.  This kind of analysis is perfectly standard in economics, so any allegation that we fixate exclusively on efficiency is a bum rap.</p>
<p>On the other hand, <b>some</b> fixation on efficiency can be an extremely valuable exercise, for reasons that I hope this week&#8217;s post made clear.</p>
<p>Re the foundations of arithmetic, I posted to dismiss the view that the natural numbers are fictitious.  As one commenter pointed out, this was largely an attack on a straw man, because almost nobody believes otherwise.  Indeed it was.  This was intended as an educational post, not a contentious one, and attacking straw men can be a very effective form of education.  When I teach students about continuous functions, I ask them to imagine a hostile party who insists that the function f(x) = x is not continuous, and we talk about how you could most effectively convince him otherwise.  The hostile party is imaginary, but there&#8217;s a lot to be learned from thinking about how you&#8217;d refute him.   </p>
<p>We also speculated on the <a href="http://www.thebigquestions.com/2010/08/31/the-idea-of-the-decade/">defining idea of the next decade</a> and the ideal <a href="http://www.thebigquestions.com/2010/09/03/the-harvard-classics/">reading list</a> for a course on how economists view the world.</p>
<p>And then there was the <a href="http://www.thebigquestions.com/2010/09/02/puzzle-corner/">probability problem</a>:  A woman has two children, one of whom is a boy born on a Tuesday.  What is the probability they&#8217;re both boys?  Several commenters explained the answer very clearly.   In case you haven&#8217;t read the comments and don&#8217;t want me to give away the answer, I&#8217;ll just say that it&#8217;s greater than 45% but less than 49%.  See the comments on the original post for the reason why.</p>
<p>We&#8217;re coming up on a long weekend, and I&#8217;m taking Labor Day off.  I&#8217;ll see you Tuesday.</p>
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		<title>Weekend Roundup</title>
		<link>http://www.thebigquestions.com/2010/08/28/weekend-roundup-34/</link>
		<comments>http://www.thebigquestions.com/2010/08/28/weekend-roundup-34/#comments</comments>
		<pubDate>Sat, 28 Aug 2010 06:01:53 +0000</pubDate>
		<dc:creator>Steve Landsburg</dc:creator>
				<category><![CDATA[Roundup]]></category>

		<guid isPermaLink="false">http://www.thebigquestions.com/?p=4545</guid>
		<description><![CDATA[If there&#8217;s one thing I wish everybody understood about economics, it&#8217;s that wise resource allocation requires truly vast amounts of information, and that prices do an excellent job of summarizing that information.  We led off the week by applying this principle to grocery shopping.  A rather silly column in the New York Times [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.thebigquestions.com/wp-content/uploads/2010/04/roundup.jpg"><img src="http://www.thebigquestions.com/wp-content/uploads/2010/04/roundup.jpg" alt="roundup" title="roundup" width="200" height="172" class="alignleft size-full wp-image-3322" /></a>If there&#8217;s one thing I wish everybody understood about economics, it&#8217;s that wise resource allocation requires truly vast amounts of information, and that prices do an excellent job of summarizing that information.  We led off the week by <a href="http://www.thebigquestions.com/2010/08/23/loco-vores/">applying this principle</a> to grocery shopping.  A rather silly column in the New York Times had seemed to suggest that socially responsible shoppers should care about the energy costs of producing vegetables to the exclusion of all the other costs.  The column was focusing, in other words, on the <a href="http://www.thebigquestions.com/2010/06/01/bastiat/">seen as opposed to the unseen</a>.  But the unseen costs of growing a tomato in one location rather than another are just as important as the obvious ones, and because they are unseen (and unseeable) the only feasible way to account for them is to look at prices.  We followed up with a 25 year old application of <a href="http://www.thebigquestions.com/2010/08/24/locovore-followup-a-blast-from-the-past/">exactly the same principle</a>, this time to the problem of resource extraction.</p>
<p>We moved on to the perils of <a href="http://www.thebigquestions.com/2010/08/25/the-match-game/">interpreting data</a>, in this case with regard to the ingredients of a happy marriage.  Then a <a href="http://www.thebigquestions.com/2010/08/26/living-in-the-future/">look back</a> to what the world of 1985 thought would constitue a marvelous future; we seem to have met expectations pretty well.  And finally, we came in a sense full circle &#8212; from lamenting those focus single-mindedly on energy costs to the exclusion of all else to <a href="http://www.thebigquestions.com/2010/08/27/from-the-news/">lamenting</a> those who fault others for failing to focus single-mindedly on one political issue to the exclusion of all others.  </p>
<p>I&#8217;ll be back next week with some thoughts on why we should care about economic efficiency, a little more on the foundations of arithmetic, and some surprises. </p>
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