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Category Archives: economics
Risk and the Price of Books
I’m reading Alan Schom’s utterly brilliant biography of Napoleon at the moment, and noticed the price tag: about thirty bucks. Considering what I pay for other forms of entertainment, this is astonishingly low. I’ve already got dozens of hours out … Continue reading
Posted in economics, marketing, prediction, psychology, writing
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More on Seasonal Markets
Back in the spring I made some prognostications about the home price indices in the US that have turned out to be not so correct. I suggested that most of the “growth” in the Case-Shiller home price index was due … Continue reading
Posted in bayes, economics, prediction, probability
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Some Notes on Reviews
Carrie sometimes reminds me that my problems are other people’s dreams, but that doesn’t mean I don’t have problems. In the present instance, I’ve got the problem of figuring out what to read, and I find myself facing a problem … Continue reading
Posted in bayes, economics, life, marketing, psychology, review, writing
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Love, Money and the Double Coincidence of Wants
Toy-model economic discussions tend to critique the barter economy as dysfunctional due to the problem of the “double coincidence of wants”. In a barter economy, so the story goes, if Bob has a widget and wants a cow he must … Continue reading
Posted in economics, life, psychology, sailing
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Calibre and E-books on Slackware
Just in case anyone is thinking of running Kindle under WINE on Linux: it kind of works, so long as you want to just download books. It’s pretty crashy otherwise. And Calibre under WINE isn’t much for stability either, and … Continue reading
Posted in economics, life, marketing, technology
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What Does “Climate Change” Mean?
I argued in the previous entry that while it is uncontroversial that human activity has added 1 – 2 W/m***2 to the Earth’s heat budget (say 0.1 – 0.2 % of the total, equivalent to shifting Earth’s orbit by a … Continue reading
Posted in economics, life, physics, prediction, science, thermodynamics
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Predictions
In 1987 a group of science fiction writers and similar people were asked to predict what the future might look like in 25 years time… which is to say, in 2012 A quarter-century is in some ways not a very … Continue reading
Posted in economics, history, life, prediction, probability, science, technology
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The Mess That’s Texas
The Republican Party of Texas (RPT) has released a platform that is so over-the-top stupid and self-contradictory it reads like a parody of itself. The brain trust of the RPT begins by affirming that governments in the US ought to … Continue reading
The Anti-Capitalist Mentality
Mises, I think, wrote a book with the title “The Anti-Capitalist Mentality.” Yeah, here it is: including a downloadable PDF. You’d think they’d at least charge a quarter for it. To save you the trouble of reading it, Mises’ answer … Continue reading
Posted in economics, life, psychology
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Some Notes on Seasonal Markets
The latest Case-Shiller home price index numbers are out and the commentary around them reminds me of sailing this weekend when one of my crew pointed out that the windmills on Wolfe Island were spinning at 7 or 8 seconds … Continue reading
Posted in economics, prediction, psychology
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