O competition, we stand on guard for thee
20 Apr 2016 Leave a comment
in economics of media and culture
The Exxon Climate Papers
20 Apr 2016 Leave a comment
in economics of media and culture
by Andy West
New York Attorney General Eric T. Schneiderman has accused ExxonMobil of lying to the public and investors about the risks of climate change according to the NY Times and has launched an investigation and issued a subpoena demanding extensive financial records, emails and other documents.
View original post 2,341 more words
You’re So Vain – Carly Simon
20 Apr 2016 Leave a comment
in economics of media and culture, Music Tags: Carly Simon
An occupational hazards of dating a musician is they will write a song about you why you are going out such as Something in the Way She Moves or they will write a song after you break up.
Carly Simon’s signature song must be the ultimate act of revenge. Apparently, over the 40 years since she wrote the song she is not said who it’s about.
On Carly Simon’s official website, she denied that the subject is Warren Beatty, Mick Jagger, James Taylor or David Geffen.
As for who the song is about, they must never turn on the car radio, for fear of being stalked for 40 years now.
Noel Gallagher on The Late Late Show, Dublin
20 Apr 2016 Leave a comment
in economics of media and culture, Music Tags: Oasis
“You know, sometimes when I think you’re the shallowest man I’ve ever met, you manage to drain a little more out of the pool.”
20 Apr 2016 Leave a comment
in economics of media and culture
A picturesque put-down to use on the superficial people in your life who could stand to be pushed into a pool–clothes and all, unexpectedly, right when they’re making some grandiose point.
Plunging headlong with Elaine into the classic “real or fake?” debate about a certain female body part, Jerry thought he’d ended the discussion with the upper hand. Elaine one-upped Jerry by telling him, in this indirect but illustrative way, to get real.
The analogy takes a monochromatic put-down (“You are so shallow”) and colorizes it with sarcastic flair. Substitute “shallowest” and the “pool” part with any number of similar put-downs that give rise to suitable analogies (e.g., “Just when I think you’re the loudest person I’ve ever met, you manage to stack a few more speakers on the stage”).
Just be sure to properly fit your put-down into the shallow/pool construction, or the analogy for your situation will be the classic throwing yourself from a stage…
View original post 31 more words
48% Of People Who Buy Vinyl Don’t Even Listen To It, Study Finds – Digital Music News
20 Apr 2016 Leave a comment
in economics of media and culture, entrepreneurship, Music Tags: entrepreneurial alertness
There is a growing trend of people who purchase vinyl for collecting purposes. A study found 48% of people who buy vinyl don’t even listen to the records.
Source: 48% Of People Who Buy Vinyl Don’t Even Listen To It, Study Finds – Digital Music News
Tax Havens Promote Economic Prosperity and Protect Human Liberty
20 Apr 2016 Leave a comment
in economics of media and culture
I sometimes wonder if I was put on this planet to defend tax competition and tax havens.
I argue for fiscal sovereignty, good tax policy, and financial privacy to the denizens of Capitol Hill, both in writing and in person.
I make the same arguments for readers of the New York Times, as well as readers of big-box store magazines.
My affection for low-tax jurisdictions is so strong that I ran the risk of getting thrown in a Mexican jail and also was accused of disloyalty to America by a bureaucrat for the Treasury Department.
Though I much prefer the hardship duty of arguing for tax competition and tax havens in places such as Bermuda, Antigua, Monaco, the British Virgin Islands, Anguilla, and the Cayman Islands. Yes, I’m willing to go the extra mile in the fight for economic liberty.
View original post 2,037 more words
What a $15 Minimum Wage Would Do
20 Apr 2016 Leave a comment
in applied price theory, economics of media and culture, entrepreneurship, job search and matching, labour economics, managerial economics, minimum wage, organisational economics, personnel economics, theory of the firm Tags: living wage, offsetting behavior, The fatal conceit
How EU membership has transformed the constitution
19 Apr 2016 Leave a comment
in economics of media and culture
A timely new book examines the implications and consequences of a British exit from the European Union. In this post Patrick J. Birkinshaw and Mike Varney summarise the first chapter, which discusses how our EU experience has changed our notion of sovereignty. They argue that, even if the UK leaves the EU, the effects of decades of European influence would not be reversed and there would be no return to a pre-1972 prototype.
Will Brexit restore sovereignty? This is the question at the heart of our chapter that introduces the recently published Britain Alone! The Implications and Consequences of United Kingdom Exit from the EU. Voters will no doubt be motivated by the widest variety of factors in how they vote. Sober judgement and mature reflection have not been assisted by an absence of informed debate on the major principles and values at issue. The Prime Minister’s frantic negotiations leading to…
View original post 1,521 more words
Understanding US Presidential elections
19 Apr 2016 Leave a comment
Trigger warning for the usual suspects
Written by Carmen-Cristina Cirlig and Micaela Del Monte
Graphics by Giulio Sabbati
© Callahan / Shutterstock.com
In July 2016, the two major US parties will nominate their respective official candidate for the 58th US presidential election which takes place in November. With less than three months before the national conventions, and a large number of delegates already allocated, on the Democratic side, Hillary Clinton is running ahead of Bernie Sanders towards the nomination. On the Republican side there is still much uncertainty about who will finally be named official candidate.
The President is head of state, head of government, and Commander-in-Chief of the armed forces. Thus, presidential elections are an important part of American political life. Although millions of American citizens vote in presidential elections every four years, the President is not, in fact, directly elected by the people. Citizens elect the members of the Electoral College, who then cast…
View original post 139 more words
When Penn And Teller Burned An American Flag In The White House
19 Apr 2016 Leave a comment
in economics of media and culture, liberalism, television Tags: Penn and Teller, West Wing
#BillyConnolly on #Islamophobia and #politicalcorrectness
19 Apr 2016 Leave a comment
in economics of media and culture Tags: Billy Connolly, political correctness
HT: Julian Weeks
Hayek vs. Keynes
19 Apr 2016 1 Comment
in economics of media and culture
Robert Skidelsky, biography of John Maynard Keynes writes this nice article.
He says biggest advantage Hayek enjoyed was he outlived Keynes by nearly 50 years. This allowed Hayek to spread his influence and Keynes to lose out his.
View original post 644 more words
Can crises be curbed? Hayek vs Keynes…
19 Apr 2016 Leave a comment
in economics of media and culture
Today is a day of this versus this on ME blog. After Schumpeter vs Kirzner, here is another take on the more famous Hayek vs Keynes.
This one is by Norges Bank Deputy Governor Jon Nicolaisen. As he is a central banker, what more to expect than whether one should intervene ot let markets work during a crisis:
View original post 723 more words
Utopia, you are standing in it! 
Recent Comments