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Good Debate on Asustrian Economics

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Jeremiah Dyke posted on Sat, Feb 27 2010 4:27 PM

13 parts .Caplan and Boettke Debate

http://www.youtube.com/user/evanspencdad#p/a/u/1/DPm5wDjaOSk

Read until you have something to write...Write until you have nothing to write...when you have nothing to write, read...read until you have something to write...Jeremiah 

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SystemAdministrator

Already been posted here on the forums. No idea what the title was though.

Watched them all. Wasn't impressed.

Ron Paul is for self-government when compared to the Constitution. He's an anarcho-capitalist. Proof.
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Yeah, Boettke seems like a blockhead variant of AE.

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Caplan often makes very subtle, ambiguous mistakes.  Very annoying because you can't make a clearcut criticism.  You have step back right out of the complicated web he weaves and start form a different place.

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Is there anything on LvMI about Caplan's probability theory assessment?

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Caplan is a ridiculously intelligent guy who, to paraphrase, has a deep respect and admiration for Austrian Economics--enough to pick on it.

 His probability critique seems a little far-reaching. Is there any systematic difference between stating that someone knows nothing or someone probability of knowing is beyond three standard deviations of the mean? This seems like the "monkeys randomly pecking keys on the keyboard will eventually produce Shakespeare" argument. For example, Caplan states that Boettke may not know when someone is going to throw a birthday party for him, but he does know that these parties will be on or near his birthday and they usually happen on birthdays that are divisible by 10. Yet, what if someone doesn't know when their birthday is or what a birthday is?

Read until you have something to write...Write until you have nothing to write...when you have nothing to write, read...read until you have something to write...Jeremiah 

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