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David Friedman's avatar

I cannot remember Irving Fisher turning up in the debate. Insofar as anyone can be credited with neoclassical economics, it's Alfred Marshall. I agree, however, that it was a poorly chosen proposition and said so in my most recent Substack post, where I proposed a better one for next year.

https://daviddfriedman.substack.com/p/austria-vs-chicago

I agree with your point about the kids. Two or three years ago I encountered an entrepreneur selling, among other things, blowguns made of PVC tubing covered with colored tape and provided with 3D printed darts of several sorts. He was ten years old. This year he was making and selling mango lassis as part of his family's food stand selling (good) Indian food. Re your ethnicity point, his mother is Indian.

You didn't mention all of the dogs, strikingly well behaved. I think the kids still outnumber them, but they outnumber the babies, of which there were also a substantial number.

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Merlinstruction.com's avatar

Shows that too high iq has marginal benefits and some actual costs, one of the more interesting ones of course being a tendency to overvalued that which makes you special, and thus fall into the trap of believing in mental models over the real.

The real stuff, like raising and educating your kids, or the children of others. Not as a tranny teacher obsessed with grooming other people's children for gay space communism but as an actual parent raising children to become the capable and autonomous individuals of tomorrow.

There is a lot of power in minding your own business.

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