An Archive of sketches developing ideas.
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 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 found this quote today in line with what I’ve written. It’s from a posting about Laura Sessions
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.
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. 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
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
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
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 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 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
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 households. Data is data is data. The change is caused by changes in who marries who,
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 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? 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
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
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
http://lewrockwell.com/rockwell/the-evil-1-percent194.htmlProtesting the wrong 1% Source date (UTC): 2011-10-21 20:47:00 UTC