Saturday, January 05, 2013

A couple of fun thoughts

First, yet another analysis of "Why Most Published Research Findings are False."   Now I don't know exactly how good--or otherwise--this research is, but it at least corresponds with something I've argued for years: nobody gets tenure or otherwise promoted by consistently finding insufficient evidence to accept the alternative hypothesis.

Next, a bit from Vox Day; "We will not pay."  Now you can approach this in Denninger's way of saying that we will refuse to pay for a social contract which we did not sign, and that is fair.  But perhaps a better way of illustrating the issue is that the interest alone on the unfunded liabilities of the next fifty years is in the trillions, and thus those of us at middle age and below have only two choices; we can attempt to pay this social contract and live in poverty, or we can renege on the social contract we didn't sign and spread the misery around to include those whose votes caused the problem.

Or, at a more basic level, if deprived of the fruits of their labor by excessive taxation, good luck getting people to work for a living.  See "Greece" for an example of what happens.

1 comment:

Mark said...

Count me out.