Law Roundtable

Law Roundtable

Exploring the region between Law and Economics.

RSS Feed

Ideas (David Friedman)

"I am an academic economist who teaches at a law school and has never taken a course for credit in either field.”


February 4, 2012, 3:43 am, 948221
The map of the College is now up. Not nearly as nice as the map for Harald, which was done for me by a generous professional, but at least it shows where everything is.


February 3, 2012, 3:43 am, 948028
The central planning fallacy is the plausible, but mistaken, idea that if only all the resources of a society were under the control of some sensible person, wonderful things could be done. It is mistaken for at least three reasons:


February 1, 2012, 5:43 pm, 947762
I originally mentioned the economic element in Salamander, but one commenter asked about the relation of the magic to physics.
Part of what I was doing in the book was trying ...


February 1, 2012, 1:43 pm, 947697
Having received a gratifyingly positive response to my previous post, I thought I would say a little more about  my first novel, then do another post on my second. 
There are a couple of places in Harald where I mention tactics my protagonist is ...


February 1, 2012, 1:43 am, 947578
A correspondent points me at a blog post with the intriguing title "Sci-fi needs economists." Neither of my novels is science fiction, but both of them are speculative fiction—sf, of which sci-fi is a subset. And both of them reflect, in varying ways, the fact that they ...


January 28, 2012, 3:43 pm, 946982
Reductions in the cost of genetic testing and improvements in what we know about what it tells us produce obvious benefits; if you know you are  likely to have some particular medical problem, you may be able to take precautions against it. But they also have at least ...


January 22, 2012, 9:43 pm, 944464
He is currently divorced from his second wife, who is still alive, and married to his third. He also a Catholic convert. The Catholic church, as I understand its doctrine, does not accept divorce. Unless he somehow obtained an annulment, doesn't that make his current marriage adultery?


January 22, 2012, 5:43 pm, 944446
Last time around, when it was effectively down to three, I concluded somewhat tentatively that it was Obama. He seemed a little less bad than Hilary Clinton and had one big advantage over McCain—when Obama did bad things, we, people who supported free markets, wouldn't get blamed ...


January 22, 2012, 3:43 pm, 944431
Various news stories have reported that Newt Gingrich asked his second wife for an open marriage. So far as I can tell, it isn't quite true:

Marianne Gingrich, in her first television interview since the couple's 1999 divorce, told ABC News ...


January 20, 2012, 9:43 pm, 944173
In a recent post, I discussed Daniel Kahneman's Thinking Fast and Slow, a very interesting book. Part of its point is that much, arguably most, of our thinking is done by a part of our mind that functions, invisibly and automatically, in the background, the part that ...