I appeared on Nevada Newsmakers on January 7th to discuss the Nevada economy and my white paper on the Problem of Big Data. Paul Enos was a gracious host and I enjoyed getting the opportunity to share some of my recent research and theories on the show.
The Real Tesla Effect: Manipulation of Time Preferences
This story originally appeared on Mises Wire Dusty Wunderlich | Published January 18, 2019 As humans, we want to satisfy our needs in the present rather than the future. This is a fundamental truth of human action. If we preferred to satisfy needs in the future over the present, we would never act. An individual’s […]
The Logical Fallacies of Centralized Economic Development
There are thousands of bureaucrats and politicians around the country that are touting their centralized economic development strategies as works of genius. But when you look under the hood of what is actually being said and done there is significant logical fallacies behind these efforts. The most common being circular reasoning and broken window fallacy […]