Law in Contemporary Society

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BearRaids 3 - 22 Jan 2009 - Main.IanSullivan
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Ben Stein on Bear Raids and "Trader Realism"


BearRaids 2 - 03 Feb 2008 - Main.EbenMoglen
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Ben Stein on Bear Raids and "Trader Realism"

A friend happened to send this article to me, and it seemed to go well with what we've been discussing so I'm passing it along. It's a basic discussion of how traders, like judges, decide the outcome they want and justify it by selecting/ignoring certain data.

 
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A friend happened to send this article to me, and it seemed to go well with what we've been discussing so I'm passing it along. It's a basic discussion of how traders, like judges, decide the outcome they want and justify it by selecting/ignoring certain data.
 -- JaredBaumgart - 03 Feb 2008
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What Mr Stein chooses to think of as "trader realism" is also known in financial market jargon as a bear raid. Though he claims to have deduced the existence of bear raids from the phenomena of legal realism, it might be more helpful for the understanding of bear raids to consider them in relation to cognitive dissonance and the theory of congames. Wait for our discussion of Art Leff to flesh that out further. Mr Stein sort of understands bear raids--as he says, he has a good basic understanding of economics. His treatment of legal realism is pour rire.

-- EbenMoglen - 03 Feb 2008

 
 
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BearRaids 1 - 03 Feb 2008 - Main.JaredBaumgart
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A friend happened to send this article to me, and it seemed to go well with what we've been discussing so I'm passing it along. It's a basic discussion of how traders, like judges, decide the outcome they want and justify it by selecting/ignoring certain data. -- JaredBaumgart - 03 Feb 2008

 
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Revision 3r3 - 22 Jan 2009 - 00:38:09 - IanSullivan
Revision 2r2 - 03 Feb 2008 - 23:07:56 - EbenMoglen
Revision 1r1 - 03 Feb 2008 - 21:12:19 - JaredBaumgart
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