"There is only one difference
between a bad economist and a good one: the bad economist confines
himself to the visible effect; the good economist takes into account
both the effect that can be seen and those effects that must be
foreseen.
"Yet this difference is tremendous; for it almost always happens
that when the immediate consequence is favorable, the later consequences
are disastrous, and vice versa. Whence it follows that the bad
economist pursues a small present good that will be followed by a great
evil to come, while the good economist pursues a great good to come, at
the risk of a small present evil."
- From an essay by Frédéric Bastiat in 1850, "That Which Is Seen and
That Which Is Unseen"
The Hobby Lobby decision is worth some serious discussion. Unfortunately the discussion will probably be intense but terribly un-serious. The idea that religious belief can disqualify one from participation in social and political structure is a very old idea, never seen here. Color disqualifications existed, of course.
The ISIS movement in Iraq has taken over an oil field that produces 30K barrels of oil a day. Interestingly, they did not destroy it. So, they probably want to use it. Keep fracking, guys.
It will be interesting to see the impact of the U.S.' loss in the World Cup has on viewership in the country. Has the popularity been nationalism or is there a real interest? Is the World Cup mania real enthusiasm for the game and its competition or more of a logical place for the world's growing need for events and experience, like St. Patrick's day or New Years.
West Africa is facing the deadliest Ebola outbreak ever, with 400 dead so far. Interestingly, many victims are fearful of modern medicine and technology and flee the hospitals and hide, complicating the effort to contain the disease.
Who is....Amantine-Aurore-Lucile Dupin?
Gobleki Tepe dates back to the end of the last ice age (12, 000 years ago). It is a the recently discovered complex of temples in south-eastern Turkey and has been called the most important archaeological discovery of modern times. These are presumed hunter gatherer times that predate pottery, writing, the wheel and metallurgy; its construction implies a level of sophistication and complexity thus far not associated with Palaeolithic civilizations. With a construction date thousands of years earlier than Stonehenge, the site consists of 20 round structures (4 have been excavated so far) and elaborately carved pillars up to 18 feet tall and weighing up to 15 tons each. Nobody can say with any certainty who created the site, or why.
A first edition, first issue of Whitman’s Leaves of Grass sold at Christie's for a world-record price of $305,000 to a US dealer.
Axion makes a new battery with a real distinction. Like a lead-acid battery it has a positive lead pole but its negative pole is carbon. During charge and discharge, the positive electrode undergoes the same chemical reaction as a lead acid battery; but Axion’s negative activated carbon electrode doesn’t undergo a chemical reaction at all. This stops acid concentration swings from the charged to discharged state, eliminating corrosion and allowing a much longer battery life.
Why do intellectuals hate free markets? Because, as French sociologist Raymond Boudon explains, in a free market they would be paid at their real value.
Hurricane Arthur's mild impact seems to have disappointed most newscasters.
U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter. overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery according to Bank of America.
Initial autopsy findings from the body of an East Jerusalem youth who Palestinians believe was kidnapped and killed by far-right Jews showed that he was burned alive, the Palestinian attorney-general is reported as saying. We can probably reason with these guys.
French taxes are beginning to push people out. 50,000 families left France for good over the last 2 years. London is now the sixth largest French city in the world.
Golden oldies (Bill Ayers has become all the rage):
http://steeleydock.blogspot.com/2012/12/prarie-fire.html
The 21-stage, 2,277-mile race started in Leeds with the second stage running from York to Sheffield and the third from Cambridge to London, before 18 more stages culminate in the French capital on 27 July. In 1974 and 1994 it included stages in Britain and in 2007 London hosted the start, known as the Grand Depart.
Flack: n. criticism; hostile reaction; abuse: Such an unpopular decision is bound to draw a lot of flak from the press; antiaircraft fire, especially as experienced by the crews of combat airplanes at which the fire is directed.
AAAAAAaaaaaaannnnnnndddddd.........a drawing of the imagined Gobleki Tepe's construction:
The Hobby Lobby decision is worth some serious discussion. Unfortunately the discussion will probably be intense but terribly un-serious. The idea that religious belief can disqualify one from participation in social and political structure is a very old idea, never seen here. Color disqualifications existed, of course.
The ISIS movement in Iraq has taken over an oil field that produces 30K barrels of oil a day. Interestingly, they did not destroy it. So, they probably want to use it. Keep fracking, guys.
It will be interesting to see the impact of the U.S.' loss in the World Cup has on viewership in the country. Has the popularity been nationalism or is there a real interest? Is the World Cup mania real enthusiasm for the game and its competition or more of a logical place for the world's growing need for events and experience, like St. Patrick's day or New Years.
West Africa is facing the deadliest Ebola outbreak ever, with 400 dead so far. Interestingly, many victims are fearful of modern medicine and technology and flee the hospitals and hide, complicating the effort to contain the disease.
Who is....Amantine-Aurore-Lucile Dupin?
Gobleki Tepe dates back to the end of the last ice age (12, 000 years ago). It is a the recently discovered complex of temples in south-eastern Turkey and has been called the most important archaeological discovery of modern times. These are presumed hunter gatherer times that predate pottery, writing, the wheel and metallurgy; its construction implies a level of sophistication and complexity thus far not associated with Palaeolithic civilizations. With a construction date thousands of years earlier than Stonehenge, the site consists of 20 round structures (4 have been excavated so far) and elaborately carved pillars up to 18 feet tall and weighing up to 15 tons each. Nobody can say with any certainty who created the site, or why.
A first edition, first issue of Whitman’s Leaves of Grass sold at Christie's for a world-record price of $305,000 to a US dealer.
Axion makes a new battery with a real distinction. Like a lead-acid battery it has a positive lead pole but its negative pole is carbon. During charge and discharge, the positive electrode undergoes the same chemical reaction as a lead acid battery; but Axion’s negative activated carbon electrode doesn’t undergo a chemical reaction at all. This stops acid concentration swings from the charged to discharged state, eliminating corrosion and allowing a much longer battery life.
Why do intellectuals hate free markets? Because, as French sociologist Raymond Boudon explains, in a free market they would be paid at their real value.
Hurricane Arthur's mild impact seems to have disappointed most newscasters.
U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter. overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery according to Bank of America.
Initial autopsy findings from the body of an East Jerusalem youth who Palestinians believe was kidnapped and killed by far-right Jews showed that he was burned alive, the Palestinian attorney-general is reported as saying. We can probably reason with these guys.
French taxes are beginning to push people out. 50,000 families left France for good over the last 2 years. London is now the sixth largest French city in the world.
Golden oldies (Bill Ayers has become all the rage):
http://steeleydock.blogspot.com/2012/12/prarie-fire.html
The 21-stage, 2,277-mile race started in Leeds with the second stage running from York to Sheffield and the third from Cambridge to London, before 18 more stages culminate in the French capital on 27 July. In 1974 and 1994 it included stages in Britain and in 2007 London hosted the start, known as the Grand Depart.
Flack: n. criticism; hostile reaction; abuse: Such an unpopular decision is bound to draw a lot of flak from the press; antiaircraft fire, especially as experienced by the crews of combat airplanes at which the fire is directed.
This term is a German acronym that dates from the 1930s and comes from the German Fl(ieger) a(bwehr) k(anone). This translates to "aircraft defense gun."
AAAAAAaaaaaaannnnnnndddddd.........a drawing of the imagined Gobleki Tepe's construction:
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