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2009
662

Keynes, Explained Briefly

If you read the economic textbooks, you’ll find that the job market is a market like any other. There’s supply (workers) and demand (employers). And the incredible power of market competition pushes the price (wages) to where those two meet. Thus massive unemployment is about as likely as huge unsold piles of wheat…

682

The Simple Truth

“I remember this paper I wrote on existentialism. My teacher gave it back with an F. She’d underlined true and truth wherever it appeared in the essay, probably about twenty times, with a question mark beside each. She wanted to know what I meant by truth.”

683

The New Science of Causation

It seems like each new day brings another one of those headlines: regular sleep “linked to” life expectancy, playing video games “associated with” surgical prowess, bullies “at risk” of becoming criminals, and “does breastfeeding reduce a baby’s blood pressure?” (the old rhetorical question gambit). Sometimes the…