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Monthly Archives: April 2012
Pencils, Pins and “Dope Tracks” — How Dead White Guys Run The Music Business
Specialization is one of the three or four absolutely fundamental concepts in economics. And there are some iconic discussions of its virtues: try Adam Smith’s pin factory story for one: Those ten persons could make among them upwards of forty-eight thousand pins … Continue reading
Posted in economics, Uncategorized
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Links
1. Dear women of the world: don’t become a doctor. It literally isn’t worth the money. 2. Dear managers of the world: use your time wisely. 3. Dear self: read Peter Thiel’s class notes a few more times and think … Continue reading
Posted in economics, entrepreneurship
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Life imitating art imitating life
This puts the “A” In AI. Let’s begin with xkcd: Now meet Mr. Null and Ms. Fake.
Posted in programming
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When Economics Strikes
Speculation is rampant in Canada right now on whether and why retail prices are higher there than they are in the United States. See here and here, for instance. As a Canadian that now lives in the US I can … Continue reading
Posted in economics
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A Challenge to Interfluidity’s Point – Demographics of 1929 vs 1975 vs 2009
I posted this too soon. Here is a snapshot of the demographics of the USA in the last three episodes of monetary instability: 1929, 1975, 2009. 1975 looks far more like 1929 than either does like 2009. What is the … Continue reading
Posted in economics
2 Comments
Why We’ll Never See Inflation Soon
Many people like to look as this graph and freak out: That monetary base expansion has GOT to mean massive and rampant inflation, right? I mean, Milton friggen Friedman said so! And for many that means the gold price has … Continue reading
Posted in economics
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How R Is Used
I don’t use R regularly, though I’m somewhat familiar with it. My work is in 90% Excel (the lingua franca of my world) and 10% Python, which I just plain like. Yet here is a paper evaluating R’s design and … Continue reading
Posted in programming
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Today In Too Good To Be True
Here’s a post by an “Appreneur” who appears to have made good money selling Apps: “In just over two years, I’ve created and sold three app companies that have generated millions in revenue. Two months after launching my first company, … Continue reading
Posted in economics, entrepreneurship
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Word/Phrase of the Day – Snake Oil Appreneur
Snake Oil Appreneur: (n) an Internet businessperson who makes no money selling phone apps but makes lots of money on selling app-related media (such as “how to” materials on how to make money selling phone apps) to hapless would-be real … Continue reading
Posted in Words of the Day
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This Is Your Brain On Sports
My mother in law was over once while I was channel surfing and when I came to rest on a boxing match, said “Why would anyone want to watch this kind of brutality?” Sheepishly, I turned the channel. There really is … Continue reading
Posted in science, sports
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