Publications · Sustainable Development Commission Our economy is geared, above all, to achieving growth.
Here’s an interesting indicator: it’s called the Surprise Index. Calculated by the economists at MFC Global Investment Management, it quantifies in one measure the extent to which U.S. economic indicators exceed or fall short of consensus estimates. The Surprise Index - What Does It Measure? -
IT SEEMS so unfair. Most Asian economies have been models of prudence. While American and European households were borrowing up to the hilt, Asian ones were tucking away their savings. While rich-country banks were piling into ever-riskier assets, Asian banks kept their holdings of such assets small. An anatomy of Asian economic woes | Troubled tigers | The Econom
Poking Holes In The Long Tail Theory Just because the Internet makes it possible to offer a near-infinite inventory of goods for sale does not mean that consumers will start wanting more obscure items in any great numbers. That is the conclusion Harvard Business School associate professor Anita Elberse comes to in a recent article in the Harvard Business Review that takes on some of the sacred cows of the Long Tail theory.
An explanation on why people hate capitalism Back to Rants and Raves
[qi:078] Jason Calacanis launched yet another discussion of the future of the web with his official definition of web 3.0 , in which web 2.0 cake is spread with a liberal frosting of people, but not just any people — “gifted” people. Aside from its introduction of magnet-school speak into tech talk, this definition is curious in that it mentions layering. Blog Archive From The Information Age To The Connected Age «
Knowledge Problem: IS ECONOMICS JUST ANOTHER APPLIED MATH FIELD?
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Wikinomics -- A Study of Collaboration Stays True to Its Cause | In the spirit of sharing information, Don Tapscott and Anthony D.
Digg Bookmarklet for Firefox I have talked in length about how del.icio.us and furl bookmarklets can be improved - now I want to talk about another similar service that don't even provide a bookmarklet.
Government failure (or non-market failure ) is the public-sector analogy to market failure and occurs when government intervention causes a more inefficient allocation of goods and resources than would occur without that intervention. In not comparing realized inadequacies of market outcomes against those of potential interventions, one writer describes the "anatomy" of market failure [ 1 ] as providing "only limited help in prescribing therapies for government success." [ 2 ] Government failure
By: John Mauldin | Fri, Nov 17, 2006 Safe Haven | The Coming Collapse in Housing
Sun, 08 Nov 2009 00:46:19 “ Priced and Unpriced Online Markets ” by Harvard Business School professor Benjamin Edelman. The Long Tail: More on the Economics of Abundance
Punctuated Equilibria Outline 0. Foreword
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What Everyone Should Know About Economics and Prosperity by James D. Gwartney and Richard L. What Everyone Should Know About Economics
The Wealth of Networks: How Social Product The Wealth of Networks: How Social Production Transforms Markets and Freedom by Yochai Benkler, Yale University Press
The Hong Kong Experiment by Milton Friedma
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Parable of the broken window - Wikipedia, The parable of the broken window was introduced by Frédéric Bastiat in his 1850 essay Ce qu'on voit et ce qu'on ne voit pas ( That Which Is Seen and That Which Is Unseen ) to illustrate why destruction, and the money spent to recover from destruction, is actually not a net-benefit to society. The parable , also known as the broken window fallacy or glazier's fallacy , demonstrates how opportunity costs , as well as the law of unintended consequences , affect economic activity in ways that are "unseen" or ignored.
Of the worlds 100 largest economic entitie
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Paying the top DIGG/REDDIT/Flickr/Newsvine users (or "$1,00
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PART I:Ten Key Elements of Economics