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John Hood | Political fantasies can be costly

RALEIGH It’s hard not to play along when children come up with cute untruths. For example, for a time one of my boys used to tell me confidently and matter-of-factly that if he didn’t go to bed, the moon would not rise. It was a reasonable conclusion based on his personal experience at the time (he was around three years old). Later, of course, his bedtime changed, he began to notice the moon in the sky even during the daytime, and concluded differently. Unfortunately, many politicians have yet to grow out of the toddler phase when it comes to spotting and discarding spurious correlations. The most naïve and destructive examples stem from misusing the concept of the multiplier effect.

Political fantasies can be costly - Carolina Journal

It’s hard not to play along when children come up with cute untruths. For example, for a time one of my boys used to tell me confidently and matter-of-factly that if he didn’t go to bed, the moon would not rise. It was a reasonable conclusion based on his personal experience at the time (he was around three years old). Later, of course, his bedtime changed, he began to notice the moon in the sky even during the daytime, and concluded differently. Unfortunately, many politicians have yet to grow out of the toddler phase when it comes to spotting and discarding spurious correlations. The most naïve and destructive examples stem from misusing the concept of the multiplier effect.

Super Bowl LV: The GOAT vs the Kid

Fort Worth Weekly Super Bowl LV: The GOAT vs. the Kid This year’s NFL championship matchup pins the league’s current best player against its greatest player ever. By PATRICK HIGGINS Expect a good game Sunday when the greatest ever and the greatest square off in Super Bowl LV. Photoillustration by Ryan Burger It’s a fun thought experiment and a source for many a “friendly” debate among sports fans to ponder what it would be like if cross-generational greats could go head to head. What would happen if Jordan went up against LeBron with an NBA title on the line? Who would come out on top if Gretzky faced off against Sidney Crosby for the chance to hoist Lord Stanley’s Cup? It’s the type of unknowable hypothetical that gins excessive pride in one’s favorites and leads to inexorable arguments. In other words, it’s just the type of blowhard controversy that is the very lifeblood of sports fandom. It is also, for maybe the first time ever, exactly what f

Michael Jackson s Neverland Ranch Sells to Billionaire Ron Burkle Nearly One Year After Death of Son

Michael Jackson’s Neverland Ranch Sells to Billionaire Ron Burkle Nearly One Year After Death of Son People 12/24/2020 © Provided by People John Roca/NY Daily News Archive via Getty Michael Jackson s famous Neverland Ranch has found a new owner, five years after hitting the market and after numerous price cuts and a rebranding that sought to distance the property from its controversial past. The Wall Street Journal reports that the property sold to billionaire Ron Burkle for $22 million. Located in Los Olivos, CA., Neverland, as it came to be known, was first purchased by the singer in 1987 for $19.5 million. Jackson lived there for 15 years, adding a number of features seemingly inspired by the Peter Pan-like ideology of never growing up: a 50-seat movie theatre, zoo, train, amusement park rides, train and railroad tracks among them.

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