vitaminj

15 ms·

91.
by vitaminj 18y ago
While reading this, I couldn't help but feel that it had the tenor of an english lit assignment... then realised that it was exactly that. A+ notwithstanding.
92.
by vitaminj 18y ago
Stock is obviously part-ownership of a company. When a company makes a profit, it has basically two options - 1) re-invest some or all of the profit back into the company, or 2) divvy it up amongst the owners (ie. stockholders), which is mo
93.
by vitaminj 18y ago
Wow, this article has some very tenuous links between Atlas Shrugged and real life. I'm going to just pick on one: The appropriation of Rearden metal by the government in Atlas Shrugged was compared to Hank Paulson's insistence that the ban
94.
by vitaminj 18y ago
The free market would eventually fix all these problems, albeit after a period of suffering and very likely, many deaths. Industry standards and associations would crop up after a string of failures, and consumers would eventually move towa
95.
by vitaminj 18y ago
Where's with the macroeconomics? There is a generally accepted, narrow definition of macroeconomics, and this isn't it. None of the four basic principles in this post are exclusive to macroeconomics, which deals with the economies of nation
96.
by vitaminj 18y ago
I've always thought the combining doors way of explaining this made the most sense - http://en.wikipedia.org/wiki/Monty_Hall_problem#Combining_do...
97.
by vitaminj 18y ago
He's got some good ideas, but most are politically intractable.
98.
by vitaminj 18y ago
That's exactly what I don't like about Mankiw's book, it's a bit all over the shop. I prefer Olivier Blanchard's book, which sacrifices some completeness for clarity - he makes it very clear that IS/LM is a short run model, AS/AD is a mediu
99.
by vitaminj 18y ago
I confess that I still haven't read all of General Theory (it's sitting on my to-finish bookshelf), but I really found it quite turgid and wouldn't recommend it to anyone without some economics background (not least because it'll put you to
100.
by vitaminj 18y ago
I found out that I liked economics shortly after I graduated from engineering, before which I had a completely skewed and cynical view of economics and economists, informed mainly by writers of left-wing books (who generally aren't economis
101.
by vitaminj 18y ago
Most monetary economists would agree that a central bank's first and foremost job is price stability, after which subordinate goals like managing economic shocks can be pursued. Former Fed board member Frederic Mishkin wrote a paper outlini
102.
by vitaminj 18y ago
I read the article with interest, but it didn't really answer one of my burning questions - how does an established engineer cross over to renewable energy? I've worked in the dark side of oil and gas as an EE for the last 7 years, basicall
103.
by vitaminj 18y ago
70 years sounds pretty good, but it doesn't tell the whole story. Toyota was supported by the Japanese government (through subsidies, capital controls and trade restrictions) for quite a few years after it switched over from textile manufac
104.
by vitaminj 18y ago
John von Neumann was widely considered a genius, though he was probably more Einstein's contemporary outliving him by only two years.
105.
by vitaminj 18y ago
How about getting the kids to submit a little creative art project, like a drawing, short story, plasticine figure, whatever. It could probably be left up to the child to decide what to make, and you just need to provide them with a theme e
106.
by vitaminj 18y ago
I think timr's point is that you'll only know AFTER the fact that you're lucky. To try and extrapolate a single (and dubious) data point in history to the present time, and then conclude that this is the right time for 20 year olds to be lu
107.
by vitaminj 18y ago
To see a world in a grain of sand, And a heaven in a wild flower, Hold infinity in the palm of your hand, And eternity in an hour William Blake, Auguries of Innocence
108.
by vitaminj 18y ago
Because you'll run smack into the wall of age (and possibly sex) discrimination, right when you should be entering your prime earning years? Because you've got to eternally compete in the job market with 20-year-olds who will always be mor
109.
by vitaminj 18y ago
Yeah true, Wall St bankers provide the service of capital allocation and liquidity (and in a perfect world, they would be allocating capital efficiently, but that's a story for another day). However I think what rankles people is three thin
110.
by vitaminj 18y ago
So far the blood on the streets is almost exclusively from the financial sector, ie. investment banks, hedge funds, etc. They may affect your pension funds but it's mainly institutional investors and others with big stakes in these companie
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by vitaminj 18y ago
I'd prefer to call it the pragmatic states of America. You can't live on ideology alone.
112.
by vitaminj 18y ago
Warren Buffett says this far better in his 2005 letter to Berkshire shareholders. Relevant excerpt from CNN: http://money.cnn.com/2006/03/05/news/newsmakers/buffett_fort... Original source: http://www.berkshirehathaway.com/letters/2005lt
113.
by vitaminj 18y ago
I second that suggestion. I used McAfee's book last year for intermediate micro, and I found it far better at explaining the concepts than our mandatory textbook (by Waldman). Waldman's book was certainly very colourful, but lacked some rig
114.
by vitaminj 18y ago
Well, if you're lonlely, bedridden or have any kind of impediments to living the "conventional" life, then I'd presume that solitary (and somewhat sedentary) fields like science and arts would be your outlet for creativity. On the other han
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The Evolution of 7 National Flags(neatorama.com)
4 points by vitaminj 18y ago|0 comments
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Is TV Bad for Kids? The Economist's View(online.wsj.com)
1 points by vitaminj 18y ago|0 comments
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by vitaminj 18y ago
I went through all the company webpages as well... and I didn't think they were all as bad as Scoble makes out. I have to agree with some of his gripes, but on average, the sites were pretty good. Some of these companies are genuinely cool
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Stress and Class - No, it's not more stressful to be rich than poor(slate.com)
1 points by vitaminj 18y ago|0 comments
119.
by vitaminj 18y ago
Definitely. And it should also be noted that the work in the story is seasonal. I'm not sure that the incessant competition in this performance-pay model would be entirely conducive to retaining staff long-term. However, this may not be a b
120.
by vitaminj 18y ago
I read Catcher in the Rye, Lord of the Flies and To Kill a Mockingbird years after I finished school. I'm by no means a literary snob and read all sorts of fiction (except I haven't gotten around to Harry Potter yet), but there's a reason w

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