Category Archives: Uncategorized
Second-best mental strategies
Let’s return to my extended review of Annie Duke’s beautiful book “Thinking in Bets,” shall we? Thus far, we have seen how a personal betting syndicate, one committed to a certain set of values, can help improve the quality of … Continue reading
Handouts versus property rights
Check out the short video below poking fun at all the wasteful and counterproductive spending in the coronavirus relief bill approved by the Congress last month. For my part, this parody makes a deeper point: instead of enacting another round … Continue reading
Property rights and the pandemic: my COVID-19 op-ed
My essay, which explains what the proper legal response should be to COVID-19, was published earlier today in The Bridge, a publication of The Mercatus Center at George Mason University. Here is an excerpt: “If the government is going to … Continue reading
Good riddance?
Some media outlets (like this one) are reporting that Communist dictator Kim Jung Un is either dead or critically ill. Good riddance, motherfucker! If only the same fate were to befall the corrupt dictators of Cuba, Russia, and Venezuela!
The ethics of betting syndicates
Review of Chapter 5 of “Thinking in Bets” by Annie Duke In our previous post, we described Annie Duke’s unorthodox suggestion to her readers in Chapter 4 of her book “Thinking in Bets.” To sum it up, if you want … Continue reading
In praise of betting syndicates
Review of Chapter 4 of “Thinking in Bets” by Annie Duke Thus far, we have seen how motivated reasoning impairs our ability to make good decisions (Chapter 2) and how self-serving bias impedes our ability to accurately assess the outcomes … Continue reading
Sympathy cards for Richard Epstein?
What if Hallmark made fancy sympathy cards that memorialized various types of academic failures? I am interrupting my extended review of “Thinking in Bets” (which will resume on Monday) to share the whimsical academic-failure sympathy cards pictured below. These were … Continue reading
The sin of self-serving bias
Review of Chapter 3 of “Thinking in Bets” by Annie Duke As we saw in my previous post, Chapter 2 of “Thinking in Bets” is devoted to the problem of motivated reasoning. Next, Chapter 3 explores another form of mental … Continue reading

