Thoughts

An Archive of sketches developing ideas.

Karl Smith says that a government with it’s own currency can never be insolvent.

Karl Smith says that a government with it’s own currency can never be insolvent. But this is not true. There is a very practical point whereupon the rate of inflation

RUMINATION: Macro always seems to have a sort of 19th century concept of an econ

RUMINATION: Macro always seems to have a sort of 19th century concept of an economy — one of trying to distribute the basics, rather than a 21st concept of an

As a geek, I love the economics of affection, dating and relationships, and foun

As a geek, I love the economics of affection, dating and relationships, and found this quote today in line with what I’ve written. It’s from a posting about Laura Sessions

Jarrow On Predicting Asset Bubbles

In, How to Detect an Asset Bubble, Robert Jarrow, Younes Kchia and Philip Protter describe the method by which asset bubbles can be deduced from the asymptotic behavior of prices.

Why 30 Large Companies Paid Only 18% Tax

Rick writes: RE: “One big one is accelerated depreciation that lets them write off equipment faster than it actually wears out. Deductions on executive stock options help. So do tax

Profit Is Not A Motivator – It’s A Sensation

Profit Is Not A Motivator – It’s A Sensation. http://www.capitalismv3.com/index.php/2011/11/profit-is-not-a-motivator-its-a-sensation/ Source date (UTC): 2011-11-03 18:23:18 UTC Original post: https://twitter.com/i/web/status/132160941457539072

Untitled

http://www.capitalismv3.com/index.php/2011/11/linda-beale-says-inequality-is-a-fact/ Source date (UTC): 2011-11-03 15:36:00 UTC

froze over

http://www.npr.org/2011/11/03/141971007/cuba-legalizes-purchase-sale-of-private-propertyHell froze over. Source date (UTC): 2011-11-03 14:26:00 UTC

Untitled

http://www.capitalismv3.com/index.php/2011/11/profit-is-not-a-motivator-its-a-sensation/ Source date (UTC): 2011-11-03 14:23:00 UTC

The 0.17%. The exact percentage of US Taxpayers that made more than $1M in 2009

The 0.17%. The exact percentage of US Taxpayers that made more than $1M in 2009 income taxes. With 140M taxpayers, that’s 2.4M people who made $1M or more, and 66M

Nerd Fact Of The Day: how much does an ebook weigh? Using Einstein’s E=mc² formu

Nerd Fact Of The Day: how much does an ebook weigh? Using Einstein’s E=mc² formula, which states that energy and mass are directly related, Prof Kubiatowicz calculated that filling a

Vanessa Friedman of the Financial Times writes about her frustration that the ‘Best Dressed Lists’ actually contain the ‘most influential people’, not the best dressed. See Is Kate Middleton best-dressed

the Princess The Best Dressed? Of course. Because it’s not the clothes it’s the

http://www.capitalismv3.com/index.php/2011/11/fashion-is-signaling-of-course-best-dressed-means-most-influential-not-most-beautiful/Is the Princess The Best Dressed? Of course. Because it’s not the clothes it’s the influence. Source date (UTC): 2011-11-01 19:00:00 UTC

There is no increase in inequality. There is a change in the composition of hous

There is no increase in inequality. There is a change in the composition of households. Data is data is data. The change is caused by changes in who marries who,

Untitled

http://abcnews.go.com/International/german-shepherd-saved/story?id=14835907 Source date (UTC): 2011-10-30 14:54:00 UTC

Positive news from Karl: “Non-residential fixed investment is on fire. Equipment

Positive news from Karl: “Non-residential fixed investment is on fire. Equipment and Software is burning it up at a 17% growth rate. Indeed, non-residential fixed investment contributed almost as much

Karl Smith: Is Apple Evidence Against Austrians?

Karl Smith: Is Apple Evidence Against Austrians? http://www.capitalismv3.com/index.php/2011/10/karl-smith-is-apple-evidence-against-austrians/ Source date (UTC): 2011-10-26 16:39:32 UTC Original post: https://twitter.com/i/web/status/129235725752352769

Zombie Philosophy Of The Progressive Left Economists

http://www.capitalismv3.com/index.php/2011/10/karl-smith-is-apple-evidence-against-austrians/The Zombie Philosophy Of The Progressive Left Economists Source date (UTC): 2011-10-26 12:39:00 UTC

(Northwest) home prices continue their decline. I should go through my email fro

http://blogs.wsj.com/economics/2011/10/25/a-look-at-case-shiller-by-metro-area-5/tab/interactive/Seattle/Portland (Northwest) home prices continue their decline. I should go through my email from 2004-2006 and see how many people said I was out of my mind. Nope. Wasn’t. And

the wrong 1%

http://lewrockwell.com/rockwell/the-evil-1-percent194.htmlProtesting the wrong 1% Source date (UTC): 2011-10-21 20:47:00 UTC