-
Guillermo , Wow, your blog posts are really top-notch!
-
Well, one thing is clear. AJ planned to freak out there. Watch the first part. Piers only got out 2 "uhms" until 2:20 and that's when AJ drives the volume to 10. I think AJ was even a little surprised to have this less resistence. I don't know what to think of this... Whatever AJ has definitely a powerful voice. It is bit like those
-
Also I think it has a lot to do with the very widespread believe that capitalism leads to cartelization and monopolization...
-
[quote user="Aristippus"]They think that scarcity does not exist and/or is somehow imposed by capitalism.[/quote] There is a core of truth in it. E.g. patent laws drive up prices artificially. Nobody disputes that. And prices are the means by which the market rations the supply. So they just believe that as with patents the market operates
-
@ Birkmanis, You are right with your assumption and your example or course. For the sake of the argument this true technicality is not important though... [quote user="abskebabs"]Guys, it turns out Dennis Robertson solved the problem a long time ago. Here's an anecdote of Reisman's about a class he took with George Stigler in the following
-
I post an interesting statement from someone who fell into a depression (not the economic depression). It is from “Liquid-Nony” who is now a Starcraft 2 Pro gamer. He was once the No.1 in Starcraft 1 Brood War. When he won the most important tournament at that time he fell into a hard depression. He now wrote the following: "There is
-
@ nirgrahamUK I guess the tire thing refers to this discussion at Bob Murphy's blog . I think Bala gave a good explanation, though I need to read the different takes on this in more depth before I can form an educated opinion.. Basically the question was how to define the adequate unit. If you bind it to physical characteristics it is possible that
-
[quote user="David Friedman"]It's still an overstatement. We can observe how much trouble people are willing to go to in order to pursue ends voluntarily chosen, and form some opinion from that about how much utility they get from them. More generally, in understanding human beings we have the advantage of ourselves being human beings
-
@ David I have a question to Von Neumann. If I understand this correctly this method would only allow you for saying things like: - Bob likes 1 apple twice as much as 4 oranges, - John likes 1 apple twice as much as 2 oranges Yet those are relative statements on two different and independent value scales. Both value scales have still no connection to
-
@ Wheylous, Yeah, I liked MOF quite a lot, and if it were available in German I would have given it away multiple times already... Unfortunately it is not, or is it, or is there something planned?