Recent content by shootermcgavin7

I remember it was the end of the world when James Banks was booted, too. Pretty sure that life will go on.

The point of the article was that the standards for winning an appeal have changed; it has become much harder to win. USC will argue that they received stiffer penalties than Bama did...that doesn't appear to be enough to win an appeal anymore. On top of that, the NCAA pulled the "Repeat...

:birgits_giggle: If USC wins an appeal it will be an upset. None of the big cases have won an appeal since the rules changed a couple of years back. I'm not saying they won't, but it would surprise me. Don't count on USC winning an appeal - College Basketball Nation Blog - ESPN

Some of them were talented at flying kites, also. You make it sound so negative. Being a skilled plagiarist will take one far; if I recall, MLK plagiarized his dissertation.

Paul, thank you for clarifying on the historical front. I was in meetings all night and, although I love this forum, I have only been able to post sporadically over the past few months. Your post at 5:46 is interesting. My take on "why" the current system has lasted for so long is that the...

You were previously mentioning something about theory discarding outliers. That statement is not correct. Most economic theories don't deal with data at all. "Testing" a theory is not developing a theory. However, I think I understand what you meant. I will base the following discussion on...

You are incredibly confused. Theory doesn't deal with data at all. Empiricists throw out outliers in practice. Fama does both (although recently empirics). Perhaps you mean that tests of the efficient market theory throw out outliers? I have to run but I'll try to drop by within a...

I'm sorry that you feel that way. I will try to post back later with an intuitive example as to why free markets do not work in health insurance. Hopefully you can at least understand that we are the only developed county without a public insurer. According to market fundamentalists, this...

I never said that Obama's plan was any better than the status quo. Just that the status quo was worse than a single-insurer system.

Lol - wage caps instituted during WWII made it work. Otherwise we would have a public plan like EVERY OTHER developed country on the planet.

So you agree that Bush and the GOP congress that set a default option on 401ks are moronic retards?

While it entertains me that you skipped my two replies to YOU, I think this is worth answering. I believe that markets are relatively efficient. When transactions costs enter the picture, they are not efficient at all. This is when the "free-marketz iz good" story breaks down. While I...

Not really. I realize you are being sarcastic, but I am a believer in the fact that one must be able to describe what they do in one sentence. I didn't feel that need since you obviously had no interest in a "real" answer. On-topic: The reason health insurance markets won't work on...

It is if the money is being shuttled, by default, into poorly-managed mutual funds. (hint: it is: the target-date funds that are the default option horribly underperform any index you want to choose).

They should. I promise I am not being condescending. But isn't it intuitive, especially to a Haas kid, that low volatility portfolios do better in a downturn and worse in an expansion? Did they at least teach you the risk/return trade-off? And aren't such portfolios "better" for...