Anatomy of a Frivolous Argument

While I’ve spoken about this many times, it keeps coming up so I figured I would do a formal analysis.  I’m well-aware this will have no impact on those who use this tactic to avoid discussion, such as lawyers and bureaucrats; this is for those who may be victims of this pernicious method of shouting down a valid argument.  Ironically, as will be shown, it’s those screeching “frivolous” that are usually raising a truly frivolous argument.  Yelling frivolous is a distraction technique, don’t be fooled by it.

Get Off the Pendulum: The Trap of Reactionary Thinking

When I was younger, I used to enjoy riding Pharaoh’s Fury at the Coastal Carolina fair. This big sphinx-headed boat swung back and forth on a mechanical arm, terrifying and thrilling the riders, and (in our imaginations) we thought about what it would be like if it went upside down – dumping us all out. This ride is much like how most people and cultures do their thinking about values in politics, religion, and cultural norms. We swing in one direction, then another, then back again.

September 11, 2001

This year I wasn’t going to mention “9/11”. And I didn’t on that anniversary. I thought I had blogged about my own experiences of that day years ago, but apparently, I never have. Ammo.com had sent me their article on the event, and I wrote back saying I wasn’t going to mention it this year. But I guess I will after all. Just a little late.

The Fault Is Not in Our Stuff But in Ourselves

Bruce Sacerdote‘s NBER Working Paper, “Fifty Years of Growth in American Consumption, Income, and Wages” provides a nice update on the measurement of CPI Bias.  The punchline should be obvious, but it’s great to hear such an eminent economist say it: “Meaningful growth in consumption for below median income families has occurred even in a prolonged period of increasing income inequality, increasing consumption inequality and a decreasing share of national income accruing to labor.”

Don’t Need Law to Dislike Something

We all have our own likes and dislikes. This means everyone likes some things other people dislike; sometimes the likes and dislikes are passionate and the disagreements get rather heated. There’s a secret trick I discovered, which seems to be unseen by most people; one which seems nearly impossible for them to even consider. Here it is, presented for (maybe) the first time you’ve ever heard it: It’s OK to dislike something without wanting a law to ban or control it.

CPI Bias and Happiness

CPI Bias is alive and well, so we’re materially much better off than we think.  “There is no Great Stagnation” – say it non-ironically, as you should. On reflection, however, there is a shocking implication.  Happiness researchers – yes, even Justin Wolfers! – have almost uniformly found little effect of income on happiness.  If official statistics understate real income growth, what should we conclude?