all posts from May 2007


The Myth of the Rational Voter - part II

A while back I posted in response to Bryan Caplan’s essay (and now book) on voter irrationality. He views human misconceptions, about economics in particular, (he quotes how people are wrong in orders of magnitude about the extent of foreign aid given by the US, the effects of immigration etc.) as irrational. That is, people […]

Test post

Checking email posting. Apologies for this admin intrusion.

French healthcare vs the NHS

From the Sunday Times:
British people have been infected with the welcome American attitude to competition and customer service. If something isn’t good enough, they complain. In Europe and especially France, people still meekly put up with being sold bad food and bad consumer products and services.
Despite France’s claim to one of the […]

Paternalism on a slippery slope?

One of the common complaints against the idea of ‘libertarian paternalism’ - the idea that the state, or indeed the market should help us overcome our biases - is that it’s a slippery slope. Mandate that fruit be served before cakes in the cafeteria (because want people really ‘want’ is to be healthy but […]

Kate Moss - development economist

Personally I can’t understand the excitement of cut price ladies’ clothes range, ghost-designed and modelled by a truculent Croydon superstar whose wealth appears predicated on the ability to look OK and walk, and turn.
I’m even more confused by the thousands who’d queue overnight just to get their hands on this tat. However, it’s their preference, […]