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Mon Jul 07 09:04:41 UTC 2014  <punkman>   "What nonsense this is. Am I really such a superior person? Do I belong at the center of the moral as well as economic universe? Do you?"

Sun Jul 06 15:15:43 UTC 2014  <FabianB>   oh lol, former German Minister of Economics and then Minister of Defence who scammed his PhD joined Ripple https://ripple.com/blog/karl-theodor-zu-guttenberg-joins-ripple-labs-advisory-board/

Sat Jul 05 17:50:41 UTC 2014  <mircea_popescu>   justusranvier: So Economic decisions have consequences after all? << who knew it! and the world is run by reason not by desire! and money talks and bullshit redditards suck it! And omfg what happened Obama had promised to fix all this!!1

Sat Jul 05 14:28:21 UTC 2014  <justusranvier>   So Economic decisions have consequences after all? http://arstechnica.com/business/2014/02/dogecoin-to-allow-annual-inflation-of-5-billion-coins-each-year-forever/

Fri Jul 04 16:22:58 UTC 2014  <chetty>   haha so the last risk on that chart, central bank can no longer steer the economy

Fri Jul 04 01:08:55 UTC 2014  <mircea_popescu>   trinque you dont grok the economics involved.

Wed Jul 02 15:31:56 UTC 2014  <mircea_popescu>   when that window widens, the economy necessarily is losing contanct.

Wed Jul 02 15:31:48 UTC 2014  <mircea_popescu>   in general a working economy exists to close the zero-infinity price window

Mon Jun 30 15:27:30 UTC 2014  <assbot>   Spain's Black Market Economy Is Worth 20% of Its GDP - Roberto A. Ferdman - The Atlantic

Mon Jun 30 15:27:29 UTC 2014  <pankkake>   http://www.theatlantic.com/business/archive/2013/07/spains-black-market-economy-is-worth-20-of-its-gdp/277840/ that was a year ago

Mon Jun 30 15:26:51 UTC 2014  <justusranvier>   pankkake: They'll soon have to, because within the next 5-19 years that will be the only economy

Mon Jun 30 15:23:05 UTC 2014  <mp_on_a_boat>   the bezzle economy is a crime against humanity.

Mon Jun 30 15:21:53 UTC 2014  <mp_on_a_boat>   Those of us who do not participate in the underground economy are often unaware of its breadth: it grew to include one half of the world?s workers by 2009, and is projected to include two-thirds of workers by 2020. << this is important. i make it a point to contribute whenever possible. my cards here for instance ? paid cash, no paper trail, 20% discount for me and so another hundred bucks added to the free world.

Fri Jun 27 17:56:57 UTC 2014  <mircea_popescu>   in an economy of subjective utility, snake oil is economically relevant.

Fri Jun 27 03:24:03 UTC 2014  <mircea_popescu>   Of course, Sachs knows that it?s critical to understand market dynamics; he?s one of the world?s smartest economists. But in the villages Munk profiled, Sachs seems to be wearing blinders.

Fri Jun 27 03:24:03 UTC 2014  <mircea_popescu>   Warren Buffett likes to say, ?The rearview mirror is always clearer than the windshield.? Through that rearview mirror, we can see that the project never had an economic model that could sustain successes once the MVP dollars ran out.

Fri Jun 27 02:49:00 UTC 2014  <RagnarDanneskjol>   Sachs is the Bono of economics - LOL

Fri Jun 27 02:37:52 UTC 2014  <decimation>   "Of these speakers, Jeffrey Sachs, leading international economic adviser and director of the Earth Institute, is the most articulate in his explicit admission that we must follow the ideology of diversity regardless of what the scientific evidence says."

Fri Jun 27 02:17:41 UTC 2014  <mircea_popescu>   Why would the The Economist's rich and powerful demo want to be ruled? Because they aren't powerful, only rich, all that time getting rich did not translate to any power, only the trappings of power. So they've postulated a fantasy power structure/NBA owners that explains why they can't enjoy their lives as they think they should-- to absolve themselves of the guilt they feel for having money/intellect/opportunities an

Thu Jun 26 21:49:09 UTC 2014  <mircea_popescu>   "hey us economy, remember that time in 1929 when you had lupus ?

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