Econstudentlog

“Giving money and power to Government is like giving whiskey and car keys to teenage boys” (P.J.O’Rourke)

Tyler’s secret blog

No one ratted out Tyler.

Related to this, here’s an observation that made me smile:

this is the nub of the matter. No-one has told Chris Masse the blog’s address yet. Tyler’s loyal readers really are loyal. “I am heartened by the honesty and cooperativeness of the blog-reading community,” Tyler says. If you ask homo economicus, he will tell you that as a rule loyalty [...] is for suckers. In other circumstances, the kind of people likely to buy books like Discover Your Inner Economist would tell you that, too. They might throw in a bit of eye-rolling on strategy, defection, and self-seeking with guile for your benefit as well. But Tyler Cowen has mobilized a bunch of these people into a secret society; gotten them to police the society via such classically sociological rewards and punishments as social closure, exclusivity and honorific censure; and done so without even having a real secret to give them to keep in the first place. This is why I assign some of Tyler’s stuff in my economic sociology courses. You’ve got to respect the guy.

august 8, 2007 - Skrevet af US | blogging, tyler cowen | | Endnu ingen kommentarer

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