jhpriestley

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by jhpriestley 16y ago
Your example relies on the idea that government negotiators will be more benevolent and peaceful - will work more towards the common good - in secret than in public. Maybe that happens once in a while. The far, far, far more common case i
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by jhpriestley 16y ago
What technical posts?
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by jhpriestley 16y ago
It's fairly clear to see that stimulus will have different effects depending on whether it is a housing stimulus or an "everything else" stimulus, and that stimulus can mostly only help with the knock-on effects. This is exactly what is
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by jhpriestley 16y ago
Okay, I assumed you were talking about the 'aggregation problem' (the aggregation of unlike quantities, rather a common pitfall in economics). If you agree that aggregate demand is a well-defined quantity, then I'm not sure what you're obje
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by jhpriestley 16y ago
Aggregate demand is a money quantity, so it is perfectly well-defined. Keynes never tries to add 1 slice of pizza to 1 computer, and in fact goes into great detail about units and definitions in book 2 ("definitions and ideas") of The Gene
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by jhpriestley 16y ago
I had trouble getting through much of it, even though I tend to read technical books for fun. Lisp in Small Pieces or the Lambda Papers are more educational and easier to read. They will change the way you think about programming far more t
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by jhpriestley 16y ago
Why is any of that relevant? If we're discussing poverty rates, then we need to come up with a reasonably objective metric for poverty, not just throw together some cherry-picked indicators. Economists have put a lot of thought into a few
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by jhpriestley 16y ago
Given that there are microsecond markets, second markets are disadvantageous. However, that doesn't mean that the existence of microsecond markets is advantageous, does it? What do people want microsecond-liquidity for, except to trade i
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by jhpriestley 16y ago
Well, I found his comment pretty funny, but I had to google it first to figure out what he was talking about.
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by jhpriestley 16y ago
Thank you, this is an excellent explanation of the goals of the project.
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by jhpriestley 16y ago
I haven't actually seen those commercials. The name is a pun of "Ruby on Rails". I intended the name to draw a contrast, not to suggest a similarity! The metaphor of 'rails' is that ruby development is sped up by being kept on a particula