“Publishers seem to believe that economics explains almost 'everything', but what would the rational choice brigade make of this incident? Ideally I would put this on a wiki, so that the mini-Stephen Levitt's could annotate it, explaining just what the fuck was going on.”

“This may not be comforting, but your confusion is shared by many people in the middle of this financial crisis.”

“It’s just a couple steps from that to the computers enslaving–” “Yes, but I for one welcome our computer trading masters.”

"Either of these transformations would be Pareto-optimizing and eliminate large Federal bureaucracies and political constituencies, which is probably why I've never heard anyone even suggest them."

"[M]erely declaring, statutorily, that every citizen has a right to health care, or that health care is 'free' to every citizen, does not make health care available to all or 'free.'"

"I don't see this... as a Republican thing or a Democratic thing. It's just the way we live today. Drunken sailors from the Capitol to the freeways. Heirs living on their inheritance and spending it fast. ... It is later than anyone dares to think."

"I suspect that this it linked to Ted's observations about the economy of virtual worlds being an economy of fun. It's just that here the fun is generated by reciprocal obligations that are compelling even though they are--as in the case of faction-grindi

remembered this article while getting my grande java chip frappuccino