Some of the 10 Greatest Inventions Ever – Fancy Lists
14 Nov 2014 Leave a comment
in technological progress Tags: The Great Enrichment, The Great Escape, The Great Fact
What if the food supply was privatised?
13 Nov 2014 Leave a comment
in applied price theory, liberalism Tags: capitalism and freedom, capitalism and prosperity, The Great Enrichment, The Great Fact
When Boris Yeltsin went on a 20 minute unscheduled grocery shopping visit in Clear Lake, Texas 1989
10 Nov 2014 Leave a comment
in liberalism Tags: fall of communism, fall of the Berlin wall, The Great Fact
…a Yeltsin biographer later wrote that on the plane ride to Yeltsin’s next destination, Miami, he was despondent. He couldn’t stop thinking about the plentiful food at the grocery store and what his countrymen had to subsist on in Russia.
In Yeltsin’s own autobiography, he wrote about the experience at Randall’s, which shattered his view of communism, according to pundits.
Two years later, he left the Communist Party and began making reforms to turn the economic tide in Russia. You can blame those frozen Jell-O Pudding pops.
“When I saw those shelves crammed with hundreds, thousands of cans, cartons and goods of every possible sort, for the first time I felt quite frankly sick with despair for the Soviet people,” Yeltsin wrote. “That such a potentially super-rich country as ours has been brought to a state of such poverty! It is terrible to think of it.”
via When Boris Yeltsin went grocery shopping in Clear Lake – The Texican.
Amazing ambulance drone cuts response time to 1 minute on heart attacks
09 Nov 2014 Leave a comment
in health economics Tags: ambulance drones, The Great Enrichment, The Great Fact
Once the heart stops beating, it takes about 4-6 minutes for the brain to die. The average response time for ambulances is about 10 minutes.
A professional response within a single minute could potentially increase the cardiac arrest survival rate to an astonishing 80%.
Though defibrillators are commonly available in public areas in case of emergency, 4 out of 5 cardiac arrests occur at home where the equipment likely isn’t available.
Currently, only 20% of untrained people are able to successfully apply a defibrillator, but this rate can be increased to 90% if people are provided with instructions at the scene.
My impression is that the sky will be quite crowded with drones in about 5 to 10 years and there will be an air traffic control problem.
HT: ambulance-drone-could-drastically-increase-heart-attack-survival
Happy Birthday Marie Curie!
08 Nov 2014 Leave a comment
in discrimination, gender Tags: gender, Marie Curie, sex discrimination, The Great Fact
On the evils of capitalism
08 Nov 2014 Leave a comment
in liberalism Tags: The Great Escape, The Great Fact
Evils of capitalism http://t.co/hLzjUc5LFp—
ian leslie (@mrianleslie) November 07, 2014
Managerial Econ: Markets vs. Mother Theresa: who has done more for the world’s poor?
05 Nov 2014 Leave a comment
in applied welfare economics, development economics, growth disasters, growth miracles Tags: growth disasters, overseas aid, overseas development assistance, The Great Escape, The Great Fact
Would You Rather Be Rich In 1900, Or Middle-Class Now?
02 Nov 2014 Leave a comment
in liberalism, technological progress Tags: The Great Enrichment, The Great Fact
And the Left has been saying everything has been getting so much worse over the last 10 years
23 Oct 2014 Leave a comment
in technological progress Tags: The Great Enrichment, The Great Fact
Utopia, you are standing in it! 
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