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Don't They Teach Economics At Harvard? Value Comes From Production, Not Employment - Forbes. We’ve an interesting little example here of the counterpoint to that old line about how if economists are all so smart about the economy then how come they’re not all rich?

Don't They Teach Economics At Harvard? Value Comes From Production, Not Employment - Forbes

For we’ve clear evidence that you don’t actually need to know anything about economics in order to become rich. Our source here is William Davidow who does appear to have made his pile but who takes, of all places, to the pages of the Harvard Business Review to reveal that he really doesn’t grok economics. I would quite seriously suggest that he have a little sit down with Greg Mankiw of that same fine institution, Harvard, and gain a bit of a clue as to the basics that refute his assertions.

We’ve got that infallible marker of someone now getting it, the assertion that Henry Ford started paying $5 a day so that his workers would buy more of his cars. As I’ve demonstrated in these very pages (here) that simply doesn’t work. The story of the internal combustion engine is even more dramatic. No, this is nonsense. Crowdsourced Clothes Fit Startup, Fitbay, Gets $400K From Just-Eat Founder & Creandum. European startup Fitbay, another business taking aim at the thorny problem of virtually trying on clothes to grease the wheels of sartorial ecommerce, has attracted a $400,000 early stage investment from Jesper Buch (founder of Just-Eat) and Nordic VC firm Creandum.

Crowdsourced Clothes Fit Startup, Fitbay, Gets $400K From Just-Eat Founder & Creandum

Fitbay is based in Copenhagen, Denmark, and launched a closed beta late last year. The round is Fitbay’s first external funding — the startup was bootstrapping for the seven months since being founded, back in May 2013 — and CEO Christian Wylonis describes it as an angel round. He tells TechCrunch the new funding will be used to carry the business through its closed beta phase (which is likely to continue for another six to eight weeks). “It will primarily be financing product development — both the core team and a 2-3 additional hires. This includes both our web and mobile product. “We plan to onboard about 1,000 users (the preregistration is already oversubscribed) over the next 4 weeks. 24 Diagrams To Help You Eat Healthier. Here's A Diet For People Who Really Love Food. How To Start A 1-Acre, Self-Sustaining Homestead. (Mother Earth News) Expert advice on how to establish self-sufficient food production, including guidance on crop rotations, raising livestock and grazing management.

How To Start A 1-Acre, Self-Sustaining Homestead

Your 1-acre homestead can be divided into land for raising livestock and a garden for raising fruits, vegetables, plus some grain and forage crops. Illustration by: Dorling Kindersley Everyone will have a different approach to keeping a self-sufficient homestead, and it’s unlikely that any two1-acre farms will follow the same plan or methods or agree completely on how to homestead. Some people like cows; other people are afraid of them. Some people like goats; other people cannot keep them out of the garden. For myself, on a 1-acre farm of good, well-drained land, I would keep a cow and a goat, a few pigs and maybe a dozen hens. Cow or no cow? On the other hand, the food that you buy in for this family cow will cost you hundreds of dollars each year.

An ideal crop rotation might go something like this: 21 London Street Foods That Will Change Your Life. 22 Recipes Everyone Should Know How to Cook. 40 Creative Food Hacks That Will Change The Way You Cook. 12 Pancake Recipes That Are To Die For! 1 of 4 12 Pancake Recipes That Are To Die For!

12 Pancake Recipes That Are To Die For!

12 Pancake Recipes That Are To Die For! By alexandra.mcalpine from Different Solutions in Food Page 1 of 4 Regular ol' buttermilk pancakes are fine and dandy, but these pancake recipes below are to die for! Whether you're a fan of fluffy pancakes or thin pancakes, sweet pancakes or fruity pancakes, these 12 mouthwatering pancake recipes below are sure to meet your wants and needs! From pancakes that are a little different like, pumpkin cinnamon streusel pancakes, to the popular red velvet pancakes with cream cheese icing drizzled on top, you're never going to want to go back to making plain pancakes again!

What's your favorite?! 1. (via) foodgio 2. (via) twopeasandtheirpod 3. Enjoy the Deliciousness of Coke in These 9 Mouthwatering Recipes. 1 of 3 Enjoy the Deliciousness of Coke in These 9 Mouthwatering Recipes Enjoy the Deliciousness of Coke in These 9 Mouthwatering Recipes by alexandra.mcalpine from Different Solutions in Food.

Enjoy the Deliciousness of Coke in These 9 Mouthwatering Recipes

10 Cooking Hacks To Make You a Master Chef! 1 of 2 10 Cooking Hacks To Make You a Master Chef!

10 Cooking Hacks To Make You a Master Chef!

10 Cooking Hacks To Make You a Master Chef! By rozin.abbas from Different Solutions in Food Page 1 of 2 Very few people want to admit it but everyone needs a little help in the kitchen. 1. (via Sierra Club.) 2. (via Stonehurst Manor.) 3. (via Imgur.) 4. (via Bon Appetit.) 5. (via Serious Eats.) Quirky Pluck Yolk Extractor.