Archive for February, 2014

Do you have to wear clothes outside?

Then I recommend this blog. It’s a fantastic guide to field gear for geologists and other women who do a lot of fieldwork. It doesn’t get too technical, but tells you everything you need to know.

But competition drives costs down!

once economic decisions are pictured as being made sequentially, as in real life, ownership patterns turn out to evolve through time in highly specific ways?— and they systematically gravitate toward precisely the kinds of patterns that generate indeterminacy of factor prices. As a result, the central problem with marginal productivity theory that John Hicks recognized […]

While you’re waiting for the bus

Stuff worth reading Strange Bedfellows: The Rise of the Green Tea Coalition When people believe your individualist, capitalist claptrap, this is what happens Origins of Motordom: The Public Shaming of Jaywalkers Changing norms. Streets used to be for people. Grieving the Loss of the Life I Used to Have Illness and grief Death by data: […]

Somebody’s always starving in the free market

[Keynes’] fundamental innovation was the theory of effective demand: the idea that employment is set by total spending, so that the market system has no automatic tendency to settle on full employment. Keynes himself was keen to stress that the General Theory was radical only on that particular point, and that once the state intervened […]