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Op-Ed Columnist: Learning How to Think
Op-Ed Columnist: Learning How to Think
The marketplace of ideas doesn’t clear out bad pundits and bad ideas partly because there’s no accountability. It is about time that changed.
Op-Ed Columnist: The Market Mystique
Op-Ed Columnist: The Market Mystique
nytimes.com — The top officials in the Obama administration still believe in the magic of the financial marketplace and... in the prowess of the wizards who perform that magic. (more) Op-Ed Columnist: The Market Mystique
Op-Ed Columnist: Financial Policy Despair
Op-Ed Columnist: Financial Policy Despair
nytimes.com — If Barack Obama’s bank rescue plan fails, it is unlikely that Congress will come up with more... funds to do what should have been done in the first place. > (more) Op-Ed Columnist: Financial Policy Despair
Op-Ed Columnist - China’s Dollar Trap
Op-Ed Columnist - China’s Dollar Trap
nytimes.com — Back in the early stages of the financial crisis, wags joked that our trade with China had... turned out to be fair and balanced after all: They sold us poison toys and tainted seafood; we sold them fraudulent securities. But these days, both sides of ... (more) Op-Ed Columnist - China’s Dollar Trap
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links for 2009-03-26
Economist's View — My Recovery Prediction - Robert Reich How to measure the effectiveness of US merger policy - voxeu.org A “legacy-equity” mechanism to recapitalise the banks - voxeu.org Learning How to Think - NYTimes.com U.S. to Detail Plan to Rein In Finance World - NYTimes.com Geithner to Propose Vast Expansion Of Oversight - washingtonpost.com Not so fast! There’s no reason to regulate everything - voxeu.org Degrees of recourse - ...

Track records + Prediction markets — Will they mix up well?
Midas Oracle .ORG — Yet another reason why we should *not* call it the “Prediction Market Institute”… Nicholas Kristof: So what about a system to evaluate us prognosticators? Professor Tetlock suggests that various foundations might try to create a “trans-ideological Consumer Reports for punditry,” monitoring and evaluating the records of various experts and pundits as a public service. I agree: Hold us accountable! Should we set up a registry of track records —in addition to our prediction market stuff?… ...

Lunchtime Links 3-27
Rolfe Winkler — ... Learning How to Think (Kristof)  The NYT columnist on why “experts” are often “a stunningly poor source of expertise.” ...

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