We hope that the anonymous commenter who wanted more proof of Matthew Yglesias' mediocrity is satisfied and will accept the evidence already given, for we do not have the intestinal fortitude to cover both Yglesias and McArdle on a routine basis. For example:
Since putting a fire out is much cheaper at the margin than rebuilding a burned-down house, it should be easy to set a pricing scheme that doesn’t entail any substantial adverse selection issues.
I think there’s a surprising amount of inefficiency in the world deriving from the fact that people with various competencies—fighting fires, organizing rock concerts, cooking tasty food—don’t really understand optimal pricing.
What are you supposed to do with someone who looks upon humanity as a noble experiment in elite governance, where the lower classes are lucky beneficiaries of the wisdom, forethought and hard work of the ruling class? We're supposed to sit here and watch him ruminate on how much money firefighters should screw out of the public?
Life's too short to watch Matthew Yglesias play God of the Ant Farm with the rest of humanity.