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Monthly Archives: July 2012
More Oral Sex, More Oral Cancer
Several studies now have found that oral sex is linked to HPV, even when many confounding variables (such as tobacco and alcohol, number of sexual partners, etc.) have been adjusted; specifically, by examining separate samples having different health status. This is … Continue reading
The ‘Free Banking’ in Hong Kong
Among the numerous successful episodes of Free Banking, the Hong Kong episode is rarely cited as a relevant one. Not surprisingly, because the austrian economists (the free bankers) themselves seem to consider the period of free banking (1935-1964) has never … Continue reading
Risk: The Science and Politics of Fear – Chapter 10, The Chemistry of Fear
In Chapter 10 of “Risk: The Science and Politics of Fear” Dan Gardner explores the commonly underestimated risk factors for cancer and the commonly overestimated risk factors. Many of the analyses were confounded by other factors of risk of cancer. … Continue reading
Rothbard’s Criticism of Monopoly Price Theory : Chapter 10 of Man, Economy, and State
Man, Economy, and State, 2nd edition, Murray N. Rothbard. Chapter 10 — Monopoly and Competition 2. Cartels and Their Consequences A. Cartels and “Monopoly Price” But is not monopolizing action a restriction of production, and is not this restriction a … Continue reading
Posted in Economics
Tagged Free Market
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Criticism of the Efficiency-Wage Theory
The “Efficiency Wage” is a New Keynesian theory aimed to highlight a so-called market failure. Gregory Mankiw describes the theory as follows : There are various theories about how wages affect worker productivity. One efficiency-wage theory holds that high wages reduce labor … Continue reading
On the So-Called ‘Failure’ of Free Banking in Australia : the Banking Crisis of 1893
The anti-free bankers sometimes rehash Hickson and Turner’s paper “Free banking gone awry: the Australian banking crisis of 1893” (2002) as a refutation of the theory of free banking while ignoring the many other successful episodes. In fact, some evidence provided … Continue reading
Posted in Economics
Tagged Free Banking
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The structure of production reconsidered, by Jörg Guido Hülsmann
The Cambridge Capital Controversy (CCC) is sometimes cited as one of the strongest refutation of the Austrian Business Cycle Theory, considered by Mark Blaug as “the final nail in the coffin of the Austrian theory of capital” (Huerta de Soto). … Continue reading
Angela L. Duckworth’s IQ-Motivation Study : Another Bad Apple
The paper “Role of test motivation in intelligence testing” (2011) by Duckworth et al. is widely cited as an anti-IQ evidence. Some anti-IQ supporters wrongly believe that the study invalidates the “IQ thesis”. In fact, there is a huge misunderstanding. As Duckworth … Continue reading
Posted in Psychometrics
Tagged IQ
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Miracle, Supernatural Phenomena, and Little Buddha
So the December 21st 2012 approaches. I remember now that the well-known “Little Buddha” had said, in 2006, that he went to be alone to meditate, and that he would return in six years. He decided so a few years ago. … Continue reading
Posted in Miscellaneous
Tagged Uncategorized
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Meng Hu's Blog 