From
The Implications of Behavioral Economics Are Not Obvious by Alex Tabarrok. Tabarrok is responding to commenters regarding an earlier post about the economics and decision-making related to layaway purchases.
Yesterday’s post, Stayaway from Layaway, elicited lots of comments but less analysis.
Not far from the criticism I came across in
Miles Gone By, the autobiography of William F. Buckley, Jr. He is commenting on one of the changes that occurred at Yale during the 1960's.
The other change during that period was that students who wrote for the OCD (we called it that, Oldest College Daily) no longer had to know how to write, merely to opine.
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