Tyler Cowen has written about this in his post “A Bet is a Tax on Bullshit”.
This doesn’t affect your point, but I just wanted to note that the post—including the wonderful title—was written by Alex Tabarrok.
Oops. Fixed.
This doesn’t affect your point, but I just wanted to note that the post—including the wonderful title—was written by Alex Tabarrok.
Oops. Fixed.