Mark your calendars for “a day of national celebration and remembrance of Friedman’s life and his influence on American society and economic systems”. See also Dubner’s entry about the event, on Freakonomics.
→ Read more To have or not to have: brandul de tara (I)
Categoric un subiect de continuat (I’ll do my best…). Pana una alta, impresia mea este ca atat Sorin Ionita in Ev. Zilei, cat si Florin Dumitrescu pe Media lui Comanescu, care incepe prin a-l comenta pe primul, se afla pe pozitii extreme. → Read more
Quote for the week 21st to 27th of Jan ’07
O poeta é um fingidor.
Finge tão completamente
Que chega a fingir que é dor
A dor que deveras sente.
E os que lêem o que escreve,
Na dor lida sentem bem,
Não as duas que ele teve,
Mas só a que eles não têm.
→ Read more Gift Giving III: David Friedman’s explanations
This post by David Friedman on the gift giving topic (why people give gifts when simply giving cash instead appears to be the most efficient choice in most cases) is very interesting, hence I add his two explanations to the signalling hypothesis by Greg Mankiw, with the “wild self” connotation by Alex Tabarrok (however it appears that Tabarrok’s wild self ran into trouble subsequently…that’s what happens when you’ve got both a wild self and a wife).
→ Read more Markets in everything, everywhere, anytime: inflation in Tahiti, XVIIIth century
The best post I’ve read today is Bernard Salanié’s “L’inflation chez les nobles sauvages” , on the dynamics of a particular business relationship between Captain Cook’s sailors and the female population of Tahiti, around 1770.
→ Read more