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Irrational Expectations

A blog documenting the influential interplay of economics, technology, and language in our lives and our workplaces - and the tenacious grasp of human irrationality.

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Irrational Expectations | irrationalexpectations.com Reviews

https://irrationalexpectations.com

A blog documenting the influential interplay of economics, technology, and language in our lives and our workplaces - and the tenacious grasp of human irrationality.

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irrationalexpectations.com irrationalexpectations.com
1

Child Poverty by US State

http://www.irrationalexpectations.com/2009/01/Child-Poverty-by-US-State

Technology, economics, language, and the tenacious grasp of human irrationality. Child Poverty by US State. Nathan at the awesome blog Flowing Data. Posted a call for visualizations. Of age based poverty rates in the U.S. It’s an interesting and challenging way to look at the data - state delineations provide a lot of context for the numbers, but are at the same time arbitrary and heterogeneous (hello heteroskedasticity) bucket o’ data. These are our political entities though ( except for DC. Ul li Obesi...

2

The Genesis of the Vegetarian Diet

http://www.irrationalexpectations.com/2009/08/The-Genesis-of-the-Vegetarian-Diet

Technology, economics, language, and the tenacious grasp of human irrationality. The Genesis of the Vegetarian Diet. Noah took the animals two by two into the ark. So what did the lions eat when the animals decamped? Did they fast for a few decades to let the gazelle and water buffalo populations increase? CC - Creative Commons Share Alike.

3

Heart-strings trip up rational giving

http://www.irrationalexpectations.com/2008/11/Heart-strings-trip-up-rational-giving

Technology, economics, language, and the tenacious grasp of human irrationality. Heart-strings trip up rational giving. ABC’s Extreme Makeover: Home Edition is one of those shows that you see ads for and think, Who watches this shit? But apparently enough people do to keep it on the air for five asinine seasons. What makes the show such a little basket of joy is the grandiose display of irrational - misplaced, ill-optimized - giving. First, consider the size of the gift itself. 5,500 square feet? Next th...

4

Is salaried overtime theft?

http://www.irrationalexpectations.com/2009/02/is-salaried-overtime-theft

Technology, economics, language, and the tenacious grasp of human irrationality. Is salaried overtime theft? There’s talk in some economic circles. Just as there is nothing morally good about working in excess, there is nothing morally wrong with working a lot. If that is engaging or important or financially rewarding I don’t see anything wrong on its face with working a lot. What we should question is the silly arrangement by which employers pay a fixed rate and can expect free overtime.

5

Popper on Health Care Reform

http://www.irrationalexpectations.com/2009/08/popper-on-health-care-reform

Technology, economics, language, and the tenacious grasp of human irrationality. Popper on Health Care Reform. Karl Popper on the holistic social planner:. Unable to ascertain what is in the minds of so many individuals, he must try to simplify his problems by eliminating individual differences: he must try to control and stereotype interests and beliefs by education and propaganda. There is an actual set of policies that will effect deep changes and need to be pieced apart. The Poverty of Historicism.

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bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: December 2008

http://bennylope.blogspot.com/2008_12_01_archive.html

Sunday, December 14, 2008. NCAA football by the numbers. How do NCAA D1 football conferences compare when you actually analyze the season by numbers? All charts below are based on data from the end of regular season play. Watching ACC football this year was a bit sad, but there were so few ranked teams from the ACC in part because they kept beating each other. Here's a comparison of in-conference play conference by conference, comparing the standard deviation of in-conference win percentages. Throughout ...

bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: January 2009

http://bennylope.blogspot.com/2009_01_01_archive.html

Sunday, January 18, 2009. Child Poverty by US State. Nathan at the awesome blog Flowing Data. Posted a call for visualizations. Of age based poverty rates in the U.S. It's an interesting and challenging way to look at the data - state delineations provide a lot of context for the numbers, but are at the same time arbitrary and heterogeneous (hello heteroskedasticity) bucket o' data. These are our political entities though ( except for DC. Population distribution (across age groups). Links to this post.

bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: October 2008

http://bennylope.blogspot.com/2008_10_01_archive.html

Wednesday, October 15, 2008. Thank Yahoo, Google, and Facebook for The Wire and Mad Men. I read Clay Shirky's. Piece on cognitive surplus. With it; Internet apps, e.g. web 2.0 is a mocked but more productive outlet for this cognitive bias. Look like small screen genius (maybe it was). Is it a coincidence that as reality television hit it's tipping point that "art TV" started to gain traction? The mainstream acceptance of Internet applications and communities shattered TV's median (sitcoms), which allows ...

bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: Imagining a fearful future

http://bennylope.blogspot.com/2009/03/imagining-fearful-future.html

Sunday, March 08, 2009. Imagining a fearful future. We make an important error in assuming that we can extrapolate what the future will hold based on past events. Equally we err by assuming what the future will hold based on a vivid imagination. British risk expert John Adams describes an architectural competition in which entrants are supposed to design a building designed to withstand a specifically described terrorist attack ( pdf, 3 pages. Why is this pernicious? Ben's observations and links.

bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: Screw you, median voter

http://bennylope.blogspot.com/2009/07/screw-you-median-voter.html

Wednesday, July 08, 2009. Screw you, median voter. Now that Alaska Governor, soon to be ex-Governor Sarah Palin is free of her obligations in Anchorage, national Republican leaders including Michael Steele are rolling out the welcome mat for her to campaign nationally for Republican candidates. Quite understandable, given the fervent support she manages among people who put political bumper stickers on their cars and signs in their lawns. But the Associated Press reports. Ben's observations and links.

bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: March 2009

http://bennylope.blogspot.com/2009_03_01_archive.html

Sunday, March 08, 2009. Imagining a fearful future. We make an important error in assuming that we can extrapolate what the future will hold based on past events. Equally we err by assuming what the future will hold based on a vivid imagination. British risk expert John Adams describes an architectural competition in which entrants are supposed to design a building designed to withstand a specifically described terrorist attack ( pdf, 3 pages. Why is this pernicious? Links to this post.

bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: February 2009

http://bennylope.blogspot.com/2009_02_01_archive.html

Sunday, February 22, 2009. Campaign finance distortions and the size of Congress - a thought. The cornerstone of economics and the study of supply and demand is that as a good becomes more dear people become willing to pay more for that good. People are quite willing to pay for political favors in many forms because the stakes are high and the seats in Congress dear. That, or it might lower the price of wrangling a. Voice and result in fewer but more serious breaches of political finance regulation.

bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: August 2009

http://bennylope.blogspot.com/2009_08_01_archive.html

Thursday, August 27, 2009. Popper on Health Care Reform. Karl Popper on the holistic social planner:. Unable to ascertain what is in the minds of so many individuals, he must try to simplify his problems by eliminating individual differences: he must try to control and stereotype interests and beliefs by education and propaganda. There is an actual set of policies that will effect deep changes and need to be pieced apart. Perhaps the greatest criticism is that it is too much at once. Links to this post.

bennylope.blogspot.com bennylope.blogspot.com

Irrational Expectations: I saved the dodo bird and all I got was this lousy tshirt

http://bennylope.blogspot.com/2009/08/i-saved-dodo-bird-and-all-i-got-was.html

Wednesday, August 19, 2009. I saved the dodo bird and all I got was this lousy tshirt. Does an heirloom tomato have any. Value, strictly biologically, than a genetically altered tomato? If we could somehow reintroduced the dodo bird through genetic engineering, would the “new” species deserve endangered species status? If we could reintroduce the genetics of the dodo bird through a dodo-puffin combination, would this new species have as much a priori value as either of its antecedent species? The Genesis...

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Technology, economics, language, and the tenacious grasp of human irrationality. Voluntary Tax Payments and Tax Policy. Some people advocate higher taxes. These people tend to pay only what they are obligated to pay. In response is this sentiment:. People who like high taxes pay surprisingly little over the mandatory amount. The first aspect is that this critique assumes some kind of virtue in paying higher taxes. Not that this. Therefore they should want to give their extra money to the government.

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