Applied Rationality focuses on public policy issues and tries to take a liberal perspective that is consistent (comments to the posts will often show otherwise) with neoclassical, rational-choice economics.
Sunday, July 20, 2008
In debt reporting
The New York Times has a heart-rending but all too common story about one American's struggles with debt. The story encapsulates so much that was wrong with the easy credit and serial refinancings of the last decade.