Thursday, May 01, 2003

Baseball, financial derivatives, and Hayek all in one post

God of the Machine pulls it off. But before the Austrians made his case, a certain Greek addressed it pretty well...."For it is the mark of an educated man to look for precision in each class of things just so far as the nature of the subject admits, and not to seek exactness when only an approximation is possible." Nicomachean Ethics

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