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Prediction vs Explanation 16 Apr 2013 | 04:16 am

I can't get this excellent reasoning question by David Friedman out of my head: We do ten experiments. A scientist observes the results, constructs a theory consistent with them, and uses it to predi...

Protectionism == Luddism 21 Dec 2012 | 01:24 am

There is a strong economic analogy between offshore outsourcing and productive technology. Many people have erroneous understanding of such situations and promote mistaken policies, namely protectioni...

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