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	<title>Comments for DumbAgent.com</title>
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	<link>http://dumbagent.com</link>
	<description>Your daily dose of Economics</description>
	<lastBuildDate>Tue, 21 Feb 2012 12:25:56 +0000</lastBuildDate>
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		<title>Comment on About DumbAgent.com by Breather Post &#8211; Who are we? &#124; DumbAgent.com</title>
		<link>http://dumbagent.com/about-us/comment-page-1/#comment-15164</link>
		<dc:creator>Breather Post &#8211; Who are we? &#124; DumbAgent.com</dc:creator>
		<pubDate>Tue, 21 Feb 2012 12:25:56 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/about-us/#comment-15164</guid>
		<description>[...] What is DumbAgent.com? [...]</description>
		<content:encoded><![CDATA[<p>[...] What is DumbAgent.com? [...]</p>
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		<title>Comment on The Proud Parents by Ever closer to that bubble &#124; DumbAgent.com</title>
		<link>http://dumbagent.com/the-proud-parents/comment-page-1/#comment-15068</link>
		<dc:creator>Ever closer to that bubble &#124; DumbAgent.com</dc:creator>
		<pubDate>Tue, 14 Feb 2012 13:58:47 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=2091#comment-15068</guid>
		<description>[...] For more precise calculation check out “The proud parents”. ** Including Texas Instruments, HP, 20th Century Fox, Eli Lilly, IBM, Lexis Nexis, Merck, [...]</description>
		<content:encoded><![CDATA[<p>[...] For more precise calculation check out “The proud parents”. ** Including Texas Instruments, HP, 20th Century Fox, Eli Lilly, IBM, Lexis Nexis, Merck, [...]</p>
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		<title>Comment on The Next Bubble: Higher Education? by Ever closer to that bubble &#124; DumbAgent.com</title>
		<link>http://dumbagent.com/the-next-bubble-higher-education/comment-page-1/#comment-15066</link>
		<dc:creator>Ever closer to that bubble &#124; DumbAgent.com</dc:creator>
		<pubDate>Tue, 14 Feb 2012 12:41:48 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=1912#comment-15066</guid>
		<description>[...] have arisen regarding education. Some of you may remember how we recently said higher education is a bubble about to burst. When students (or, more likely, their parents) are paying upwards of $100,000 for an education [...]</description>
		<content:encoded><![CDATA[<p>[...] have arisen regarding education. Some of you may remember how we recently said higher education is a bubble about to burst. When students (or, more likely, their parents) are paying upwards of $100,000 for an education [...]</p>
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		<title>Comment on Sick of Checking in Luggage? So are we by Our most Inefficient form of transportation &#124; DumbAgent.com</title>
		<link>http://dumbagent.com/sick-of-checking-in-luggage-so-are-we/comment-page-1/#comment-14982</link>
		<dc:creator>Our most Inefficient form of transportation &#124; DumbAgent.com</dc:creator>
		<pubDate>Tue, 07 Feb 2012 20:29:04 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=3099#comment-14982</guid>
		<description>[...]    Ocean on  &#8212; Leave a Comment    Which is it? We have, in the past complained about the airline industry. The railway industry in the US is also somewhat lacking, judging by the cities and people it [...]</description>
		<content:encoded><![CDATA[<p>[...]    Ocean on  &mdash; Leave a Comment    Which is it? We have, in the past complained about the airline industry. The railway industry in the US is also somewhat lacking, judging by the cities and people it [...]</p>
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		<title>Comment on A Lottery that is Good for Society by A Lottery for all &#124; DumbAgent.com</title>
		<link>http://dumbagent.com/an-all-in-one-lottery-and-savings-account/comment-page-1/#comment-14874</link>
		<dc:creator>A Lottery for all &#124; DumbAgent.com</dc:creator>
		<pubDate>Tue, 31 Jan 2012 12:32:10 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=2579#comment-14874</guid>
		<description>[...] All    Ocean on  &#8212; Leave a Comment    Another interesting take on lotteries, following on an older post regarding lotteries and savings accounts. If you recall, there we mentioned Prize Linked Savings, [...]</description>
		<content:encoded><![CDATA[<p>[...] All    Ocean on  &mdash; Leave a Comment    Another interesting take on lotteries, following on an older post regarding lotteries and savings accounts. If you recall, there we mentioned Prize Linked Savings, [...]</p>
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		<title>Comment on How Movie Studios Shoot Themselves in the Foot by We totally called this one, and Porn! &#124; DumbAgent.com</title>
		<link>http://dumbagent.com/how-movie-studios-set-back-the-movie-industry/comment-page-1/#comment-14754</link>
		<dc:creator>We totally called this one, and Porn! &#124; DumbAgent.com</dc:creator>
		<pubDate>Tue, 24 Jan 2012 10:43:41 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=1836#comment-14754</guid>
		<description>[...] today, we thought we&#8217;d toot our own horn and repost and older article we originally wrote here, while right under we&#8217;ll have an article on porn (actually, while it does mention porn, it [...]</description>
		<content:encoded><![CDATA[<p>[...] today, we thought we&#8217;d toot our own horn and repost and older article we originally wrote here, while right under we&#8217;ll have an article on porn (actually, while it does mention porn, it [...]</p>
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		<title>Comment on Make your own Book by Vuk Vukovic</title>
		<link>http://dumbagent.com/make-your-own-book/comment-page-1/#comment-14571</link>
		<dc:creator>Vuk Vukovic</dc:creator>
		<pubDate>Thu, 12 Jan 2012 22:58:50 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=3092#comment-14571</guid>
		<description>good, I&#039;m looking forward to reading it! :)</description>
		<content:encoded><![CDATA[<p>good, I&#8217;m looking forward to reading it! :)</p>
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		<title>Comment on Sick of Checking in Luggage? So are we by Ocean</title>
		<link>http://dumbagent.com/sick-of-checking-in-luggage-so-are-we/comment-page-1/#comment-14568</link>
		<dc:creator>Ocean</dc:creator>
		<pubDate>Thu, 12 Jan 2012 20:33:59 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=3099#comment-14568</guid>
		<description>I actually wanted to try out Virgin Airlines for a possible follow up post. I agree that the airline model is very messed up, so it seemed that the best thing that could have happened would&#039;ve been for Steve Jobs to take over an airline (this might be because I&#039;m reading his biography right now). I&#039;m guessing he would&#039;ve been ruthless in making it work perfectly. Then again, from what I hear Richard Branson has been doing pretty much the same thing with Virgin airlines. And it stands to reason that it would take an entrepreneurial mentality to turn things around. But I wonder if things really are all that different with VA, or if it&#039;s just the comparison to the other US airlines.</description>
		<content:encoded><![CDATA[<p>I actually wanted to try out Virgin Airlines for a possible follow up post. I agree that the airline model is very messed up, so it seemed that the best thing that could have happened would&#8217;ve been for Steve Jobs to take over an airline (this might be because I&#8217;m reading his biography right now). I&#8217;m guessing he would&#8217;ve been ruthless in making it work perfectly. Then again, from what I hear Richard Branson has been doing pretty much the same thing with Virgin airlines. And it stands to reason that it would take an entrepreneurial mentality to turn things around. But I wonder if things really are all that different with VA, or if it&#8217;s just the comparison to the other US airlines.</p>
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		<title>Comment on Make your own Book by Ocean</title>
		<link>http://dumbagent.com/make-your-own-book/comment-page-1/#comment-14567</link>
		<dc:creator>Ocean</dc:creator>
		<pubDate>Thu, 12 Jan 2012 20:30:00 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=3092#comment-14567</guid>
		<description>Hi Vuk, 

I&#039;m glad it sounds interesting to you. The book available now is a collection of blog posts and ideas stemming from these blog posts, grouped by topic and focus (real life applications, going against conventional wisdom, revisionist history, etc.). There is a section at the beginning dealing specifically with the Dumb Agent Theory; what it is and why we like it so much. 

The new book is pretty much the next step. In the past years we&#039;ve become much more interested in various topics (immigration, water, buying local, etc.), so the book explores possible solutions. Mainly by trying to subtract the political aspects, thereby showing how awesome economics can be on its own. 

FYI, I&#039;ve been wanting to write a book solely on the Dumb Agent theory and its various applications, but let&#039;s just say that&#039;s in the works for now (although I have hundreds of pages of random research). I do think it could have huge implications though. 

So anyway, I&#039;m glad it sounds interesting. I can assure you it is, and obviously your feedback is appreciated!</description>
		<content:encoded><![CDATA[<p>Hi Vuk, </p>
<p>I&#8217;m glad it sounds interesting to you. The book available now is a collection of blog posts and ideas stemming from these blog posts, grouped by topic and focus (real life applications, going against conventional wisdom, revisionist history, etc.). There is a section at the beginning dealing specifically with the Dumb Agent Theory; what it is and why we like it so much. </p>
<p>The new book is pretty much the next step. In the past years we&#8217;ve become much more interested in various topics (immigration, water, buying local, etc.), so the book explores possible solutions. Mainly by trying to subtract the political aspects, thereby showing how awesome economics can be on its own. </p>
<p>FYI, I&#8217;ve been wanting to write a book solely on the Dumb Agent theory and its various applications, but let&#8217;s just say that&#8217;s in the works for now (although I have hundreds of pages of random research). I do think it could have huge implications though. </p>
<p>So anyway, I&#8217;m glad it sounds interesting. I can assure you it is, and obviously your feedback is appreciated!</p>
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		<title>Comment on Sick of Checking in Luggage? So are we by Senectus</title>
		<link>http://dumbagent.com/sick-of-checking-in-luggage-so-are-we/comment-page-1/#comment-14556</link>
		<dc:creator>Senectus</dc:creator>
		<pubDate>Thu, 12 Jan 2012 09:10:09 +0000</pubDate>
		<guid isPermaLink="false">http://dumbagent.com/?p=3099#comment-14556</guid>
		<description>The airline business model in America is fatally flawed. Each flight requires millions of dollars of capital equipment and thousands of person-hours, and yet profitability comes down to the number of pretzels in the packet, or who gets on the plane first. Is there any other major industry where the service experience is characterized by mutual antagonism between customer and provider?</description>
		<content:encoded><![CDATA[<p>The airline business model in America is fatally flawed. Each flight requires millions of dollars of capital equipment and thousands of person-hours, and yet profitability comes down to the number of pretzels in the packet, or who gets on the plane first. Is there any other major industry where the service experience is characterized by mutual antagonism between customer and provider?</p>
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