April 2012
14 posts
4 tags
Apr 28th
8 notes
6 tags
Apr 27th
1,149 notes
7 tags
Apr 25th
9 notes
7 tags
Apr 23rd
67 notes
6 tags
Apr 22nd
18 notes
10 tags
Apr 19th
1 note
5 tags
Apr 18th
6 tags
“In the end, it’s not the years in your life that count. It’s the...”
– Abraham Lincoln
Apr 17th
6 tags
Ten Pillars of Economic Wisdom
1. TANSTAAFL: There ain’t no such thing as a free lunch. 2. Incentives matter; incentives affect behavior. 3. Economic thinking is thinking on the margin. 4. The only way to create wealth is to move resources from a lower-valued to a higher-valued use. Corollary: Both sides gain from exchange. 5. Information is valuable and costly, and most information that’s valuable is inherently...
Apr 16th
5 tags
Apr 15th
2 notes
5 tags
Apr 14th
5 tags
Apr 8th
15,415 notes
5 tags
Apr 8th
12,529 notes
4 tags
Apr 5th
5 notes