Max Battcher wrote:
(I think the
analogy between economics and electricity is particularly useful and
perhaps under-explored. I'd love to see more economists use circuit
diagrams...)
Probably because electricity is too deterministic, and economics is too
random. OTOH, economy has
Doug Pensinger quoted:
(libertarians) Their heroic view of capitalism makes it difficult
for them to accept that markets can be irrational, misunderstand
risk and misallocate [WINDOWS-1252?]resourcesor that financial
systems without vigorous government oversight constitute a recipe
for
Well, I was hoping to set the ground rules for discussion.
You do like trying to impose your rules on others, don't you.
Actually, they aren't my rules. The rules I was proposing were the general
rules of experimental inquiry that I have learned.
I have also observed that folks who follow
Hah! Money is no longer on the gold standard and is completely and
totally a social contract dependent on the whims of societies and
markets and the fiat of governments.
Yup. And, if you looked at gold, it has bounced up and down, like all the
other commodities. In 2008 dollars here
On Tue, Dec 9, 2008 at 7:26 AM, Dan M [EMAIL PROTECTED] wrote:
Well, I was hoping to set the ground rules for discussion.
You do like trying to impose your rules on others, don't you.
Actually, they aren't my rules.
Don't like to take responsibility for your actions, huh?
On Tue, Dec 9, 2008 at 2:23 AM, Alberto Monteiro
[EMAIL PROTECTED] wrote:
Doug Pensinger quoted:
(libertarians) Their heroic view of capitalism makes it difficult
for them to accept that markets can be irrational, misunderstand
risk and misallocate [WINDOWS-1252?]resources—or that financial
On Tue, Dec 9, 2008 at 9:36 AM, Dan M [EMAIL PROTECTED] wrote:
Hah! Money is no longer on the gold standard and is completely and
totally a social contract dependent on the whims of societies and
markets and the fiat of governments.
Libertarians pretend that all would be well when money
http://media.nbcchicago.com/documents/rrb+-jh+FINAL+complaint+cover+and+aff.pdf
Some quotes:
With respect to the Senate seat, Deputy Governor A suggested
putting together a list of things that ROD BLAGOJEVICH would accept in
exchange for the Senate seat. ROD BLAGOJEVICH responded that the
http://media.nbcchicago.com/documents/rrb+-jh+FINAL+complaint+cover+and+aff.pdf
Defendants ROD BLAGOJEVICH and JOHN HARRIS, together with others,
offered to, and threatened to withhold from, the Tribune Company
substantial state financial assistance in connection with Wrigley
Field, which
On Dec 9, 2008, at 9:55 AM, John Williams wrote:
On Tue, Dec 9, 2008 at 7:26 AM, Dan M [EMAIL PROTECTED]
wrote:
Well, I was hoping to set the ground rules for discussion.
You do like trying to impose your rules on others, don't you.
Actually, they aren't my rules.
Don't like to take
http://econlog.econlib.org/archives/2008/12/my_planned_oral.html
by Arnold Kling
Chairman Waxman, Ranking Member Davis, and Distinguished Members of
the Committee:
It is a privilege to be asked to testify in this forum today regarding
the collapse of Fannie Mae and Freddie Mac and the ongoing
On Tue, Dec 9, 2008 at 10:14 AM, Dave Land [EMAIL PROTECTED] wrote:
Folks: unless you want more like this -- and see above, it's all there
is -- don't feed the troll.
The problem with feeding the troll is that once you start, it is hard
to stop. Much like our government bailing out the
On Dec 9, 2008, at 1:40 PM, John Williams wrote:
On Tue, Dec 9, 2008 at 10:14 AM, Dave Land [EMAIL PROTECTED] wrote:
Folks: unless you want more like this -- and see above, it's all
there
is -- don't feed the troll.
The problem with feeding the troll is that once you start, it is hard
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