Monthly Archives: March, 2008

Potato-heads

From the Industrial Revolution to Free Trade, from the roots of The Economist magazine to making protectionist landlords eat their hats, from market liberalization to globalization; an interesting article about how the potato has contributed to economics as we know it today.

Big Macs vs. Salads

Interesting piece of governmental schizophrenia from the Physicians Committee for Responsible Medicine. Ok, so maybe you think all this ‘Free Market’ talk is bunk and that the government should be allowed to impose quotas, taxes, tariffs and subsidies because it knows what’s best for us, like our mothers. This mother, however, is telling us to [...]

The Wisdom of Crowds

This book is as good a primer as any to the Dumb Agent Theory, so it is with great pleasure that I write a review of it on this site: The Wisdom of Crowds By James Surowiecki Anchor Books, 2005. 306 pp., $10.17 The message of this book, in a nutshell, is that groups are [...]