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Tue Mar 25 19:30:18 UTC 2014  <mircea_popescu>   misses the point that you'd have to construct that inefficiency first, which precludes the use economically.

Tue Mar 25 18:57:44 UTC 2014  <pankkake>   I didn't know the AP style guide existed, I've been meaning to read the Economist one

Sun Mar 23 19:53:44 UTC 2014  <jurov>   https://www.predictious.com/economics/bitcoin-vs-berkshire-hathaway-march-2015/300-bitcoins-worth-more

Sun Mar 23 01:25:50 UTC 2014  <mircea_popescu>   joecool that can't be right, mostly because nuclear power is economical as compared to burning oil.

Sun Mar 23 00:59:52 UTC 2014  <decimation>   <<mircea_popescu: "underserved" and "unearned" income are exactly the cornerstone of productive economic activity. >> moldbug's solution: formalism http://unqualified-reservations.blogspot.ca/2007/04/formalist-manifesto-originally-posted.html

Sat Mar 22 20:22:52 UTC 2014  <mircea_popescu>   "underserved" and "unearned" income are exactly the cornerstone of productive economic activity.

Sat Mar 22 17:13:38 UTC 2014  <chetty>   benkay, it sure looks like an economic war is a brewing. It will crash the whole world economy if they keep it up

Sat Mar 22 17:08:35 UTC 2014  <benkay>   re chetty's zerohedge sanction link "Carney...said. 'I wouldn't, if I were you, invest in Russian equities right now, unless you're going short.'". << is this the great mechanisms of war ratcheting one step further? is the US seriously biting off an economic war with Russia?

Sat Mar 22 04:20:41 UTC 2014  <dignork>   KRS-One when did it happen that economic sanctions saved people lives?

Sat Mar 22 04:15:14 UTC 2014  <chetty>   Its a global economy, all these guys are tied together, one economy doesn't go down alone

Sat Mar 22 04:13:54 UTC 2014  <KRS-One>   Word is that if serious sanctions are imposed the Russian economy could crash. Jeez we need to work toward global economic growth and this isnt going to help. Hope at least it will save lives.

Fri Mar 21 23:33:23 UTC 2014  <radan>   I'm the last person to ask about the north korean economy

Fri Mar 21 23:05:09 UTC 2014  <mircea_popescu>   bitcoin economy ? like the supermarket! regulatory matters ? like a traffic cop stop!

Fri Mar 21 12:37:45 UTC 2014  <mircea_popescu>   benkay: at 12, there was a man ranting in ##econometrics about mortgaging himself to the hilt and going long btc. <<< this has long been the practical bank killer.

Fri Mar 21 07:56:07 UTC 2014  <benkay>   at 12, there was a man ranting in ##econometrics about mortgaging himself to the hilt and going long btc.

Fri Mar 21 04:59:44 UTC 2014  <B007>   mixed economy

Fri Mar 21 04:58:20 UTC 2014  <mircea_popescu>   understand that the most economic way to run the economy - now as during 1614 - is to just turn off all machinery, lock all warehouses and bury the key

Fri Mar 21 04:57:37 UTC 2014  <mircea_popescu>   to reduce economic inefficiency, by taking from the hands of the savers and putting into the hands of the riskers.

Fri Mar 21 04:47:16 UTC 2014  <decimation>   yeah that's a pretty good point. Moldbug has a point about closed currencies, but your point goes to human nature - something that "economists" often famously ignore.

Fri Mar 21 04:44:11 UTC 2014  <mircea_popescu>   the study of epsilon and of the means through which q = mq+e may be ensured is then the business of the economist.

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