Tag Archives: Virginia Postrel
Liberaltarianism: The Turducken Of Politics
Will Wilkinson and Brink Lindsay once proposed that libertarians have more in common with liberals than they do with conservatives. But now that we collectively wait for the Keynesian surge to fry the system, Jonah Goldberg and John Hood wanted … Continue reading
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Postrel’s Corollary
One upshot of the experiments Virginia Postrel has described could be the following: the more investors believe behavioral economics to be true, the more likely bubbles will develop in markets trading in assets. As long as I’m overly confident in … Continue reading
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Not Irrational Exuberance But Irrepressible Effervescence
Meanwhile, Virginia Postrel has a fascinating article in the newest Atlantic on how bubbles develop in finance. She elucidates their nature by describing some recent findings in experimental economics. The nut: it turns out that even fully informed investors will … Continue reading
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