Social Desirability Bias vs. Tourism

Economically speaking, there’s a straightforward win-win case for these Mexican resorts: Not only do they make the tourists happier; they make the Mexicans happier by providing them with better opportunities than they have elsewhere in the Mexican economy. If you reconsider this verdict through the distorted lens of Social Desirability Bias, though, a radically different picture appears before your eyes.  Once you forget economics, you could easily describe the resort experience in the following sordid way.

ARK3 Returns, Teaching Kids, Realism, & Frontiers (1h5m) – Episode 444

Episode 444 welcomes back Alex R. Knight III to chat with Skyler on the following topics: teaching social studies, English, and Spanish at a private sports academy; teaching future Olympic medalists in winter sports; why his social studies curriculum probably wouldn’t fly in public schools; the Tuttle Twins (and ATKE.org); “Great Myths of the Great Depression” by Lawrence Reed; the level of propaganda around COVID-19; why government parasites are always short-term thinkers; the fact that most people simply don’t care, and why should they?; the Voluntaryist vs. the Stoic in each of us; finding liberty in physical, entrepreneurial, and technological frontiers; finding helpfulness and community in relatively freer rural areas; his lamentations on a Biden presidency instead of 4 more years of Donald Trump; and more.

Homeless Camping in Austin: A Modest Proposal

This winter, I’m a visiting scholar at the University of Texas.  Though Austin is gorgeous, visitors can’t help but notice vast homeless villages scattered throughout the city.  Local sources tell me that this is driven by Austin’s repeal of the ban on homeless camping.  One of the economists I’ve met here has written a Swiftian proposal for reforming Austin’s approach.  The author prefers to remain anonymous, but this is printed with his permission.  Engage your sense of satire, and enjoy!

Plain Old Free Market Capitalism and its Parodies

“Sustainable capitalism” means imposed stagnation, the elimination of creative destruction, and permanent Keynesian feudalism. “Inclusive capitalism” means degrading paternalism, ideological intimidation, and the demand for strict collaboration with one’s self-proclaimed political overlords. “Stakeholder capitalism” means the suppression of entrepreneurial independence and permanent regime uncertainty for businesspeople who abhor cronyism.

John’s Journey, Rationality, Principles of Rational Living (59m) – Episode 437

Episode 437 welcomes John Vespasian to the podcast to chat with Skyler on the following topics: living all over Europe; the worldwide COVID-19 moment; the abundance of irrationality in the world today; the timeless commonplace of information manipulation; remaining rational in the face of extreme opposition; defining rationality (logical conclusions from relevant facts); developing a rational mentality; never accepting a single point of view or opinion; everyone has their blind spots and biases; the problem with positive thinking; among his many published books is 10 Principles of Rational Living, including: Think Like an Entrepreneur, not a Crusader, Accept the Inevitable Hassles of Life, and Acquire Effective Habits; the importance of keeping a lifetime perspective when making decisions; and more.