My friend Jeannine just reminded me of something:
What if we separated women’s and men’s universities? If we did, would women’s universities be able to compete with men’s universities for revenues and prestige? No. Of course not.
But what do women do to curriculum of universities?
Just what they do to market and state…..
Source date (UTC): 2015-06-11 10:12:00 UTC
Lost Opportunities Due To Competition Are Taxes We Pay For the Information Provided by failure or success, that tells us we have or have not made good use of the world’s resources for the satisfaction of others first, in order to satisfy ourselves second.
Source date (UTC): 2015-06-05 07:05:00 UTC
http://www.businessinsider.com/robert-herjavec-feelings-on-advice-2015-5—“[there isn’t any secret. No great advice.] It’s not one thing. It’s the thousands of little mundane things you do every day.”—
—“I’m a man. I only remember the things I do well. All the things I don’t do well, I forget”—
Source date (UTC): 2015-06-03 05:16:00 UTC
http://marginalrevolution.com/marginalrevolution/2015/05/urban-average-is-over.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+marginalrevolution%2Ffeed+%28Marginal+Revolution%29#sthash.SAqbQxyu.dpuf—“Nearly half of the biggest US metropolitan areas have yet to recoup all the lost jobs from the Great Recession and almost a third have failed to return to previous levels of output, according to analysis that underscores the fragmenting urban fortunes beneath the surface of America’s recovery.
Research on 100 urban areas from the Brookings think-tank, reveals an economic patchwork in which the legacy of boom and bust hangs heavily over cities in Florida and inland California, while at the other end of the spectrum, technology and bioscience-focused cities such as Austin, Texas, San Francisco, and Raleigh, North Carolina have comfortably surpassed their previous peaks.
“This may be the norm now — extreme variation,” said Mark Muro, policy director for the Metropolitan Policy Program at Washington-based Brookings.”—
What Florida and California have in common is average: they attract a large number of people with average education and skills, income, etc. What Austin, San Francisco, and Raleigh (and Charlottesville et al.) have in common is above average: they attract a large number of people with above average education and skills, income, etc
I think the point is that economic returns are being disproportionately returned to the above average categories – whether by people or city.
– See more at: http://marginalrevolution.com/marginalrevolution/2015/05/urban-average-is-over.html
Source date (UTC): 2015-05-30 15:09:00 UTC
http://blogs.wsj.com/economics/2015/05/27/u-s-pay-inequality-is-growing-more-between-firms-than-within-them-paper-says/?mod=blogmodWHY ARE SOME FIRMS PAYING EVERYONE MORE AND OTHERS NOT?
(it’s not complicated)
Source date (UTC): 2015-05-28 17:52:00 UTC
Why do we conduct economic analysis in monetary terms rather than work hours? You can judge the productivity of those hours – sure. But consumption must be measured in hours, production in hours. Everything else is basically some sort of deception of convenience?
Talk about ‘mathiness’? OMG. The only measure of consumption was caloric. Now its both caloric and informational. Any ‘family’ metric is another deceit.
Pseudoscience is too prevalent in macro.
IT might sound like I am a neophyte making an ancient argument, but that’s not the case. The problem is that political issues are driven by time and stress. And that consumption in information eras cannot be easily measured in physical terms.
Source date (UTC): 2015-05-21 07:51:00 UTC
[T]he question is better served by how we spend our time, what we consume, and what we worry about, than any measure of income. Income is a poor proxy for measuring inter-temporal changes in consumption, and is only a useful measure of temporal asymmetry. What is for example, the cost of not fearing the soviet union, the change in crime in Boston and new York?
[T]he question is better served by how we spend our time, what we consume, and what we worry about, than any measure of income. Income is a poor proxy for measuring inter-temporal changes in consumption, and is only a useful measure of temporal asymmetry. What is for example, the cost of not fearing the soviet union, the change in crime in Boston and new York?
(profound) [I]’ve been arguing for two decades that we have had 500 years of ‘unusual’ as we spread the voluntary organization of production around the world (often by force), and conquered and exploited two new continents. And that what we see is the new normal. There aren’t enough asymmetries to exploit any longer to maintain the prior asymmetry of wealth.
Source: Curt Doolittle
——-“Honda Aircraft CEO Michimasa Fujino, who has worked on the project for decades. “This airplane is my art piece,” he said in an interview.”——-
A man who speaks aristocratic language.
Source date (UTC): 2015-05-18 10:53:00 UTC