Balanceinfinity

9 ms·

1. 91.▲
   by Balanceinfinity 7y ago

   The most important thing a meeting can have is an agenda - what will be discussed and by whom. The second thing is a clock. Almost nothing productive ever happens in the second hour of a meeting (unless a long meeting was planned because of
2. 92.▲
   by Balanceinfinity 7y ago

   For those of us who are introverts, being inside on a stormy evening means we don't have to justify why we're not going out - only a fool would go out. And we know no one will come by. So we lock our door and enjoy the sound of ra
3. 93.▲
   by Balanceinfinity 7y ago

   Bagehot's dictum: During a financial panic, the central bank should lend freely against good collateral to solvent firms at a penalty rate. The moral hazard arises because as the lender of last resort, the central bank is inevitably pr
4. 94.▲
   by Balanceinfinity 7y ago

   Basic laws of supply and demand state that when you charge a fixed price and permit unlimited usage at that price, usage will approach infinity (that is, when the marginal price is zero). Everyone with a fixed price, unlimited usage plan ha