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Meaningless Statistics
Once again the Minnesota Department of Transportation is putting the word out that drunk drivers cause 1 in 4 traffic deaths. I begin with this example of a meaningless statistic, not because it is especially egregious, but because it exemplifies what makes statistics meaningless. Of course, it is not entirely meaningless. We all have a…
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Common Sense Economics
Read and comment on my blog. This book is so good that I don’t know if I can adequately convey how good it is. Most people, including me, think of economics—the dismal science—as arcane, abstruse, dry, and dull. This book proves us wrong. It will make economics come alive for you. You will find not…