Noam Sheiber of The New Republic recently published a brilliant article summarizing Senator Barack Obama’s mentality with respect to actionable economic strategies titled, The Audacity of Data . Sheiber made the distinction between former strategies focused around deduction (as used by former President Clinton) and those of induction. He pointed out that while the former model favors starting with specifics and moving towards generalities, the latter, does the opposite…and that is precisely why I support Senator Obama.

Sheiber points out that Senator Obama is a student of the Dick Thaler school of thought. Much like Thaler’s advance in economics with the introduction of behavioral theory, Obama follows a belief in rethinking established ideas and “changing the game.”

I would be doing injustice to Sheiber by further summarizing this article, so I will simply urge anyone interesting in understanding why so many of us think Obama will change this country for the better to read the article.

This entry was posted on Wednesday, February 27th, 2008 at 3:27 am and is filed under Rant. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.