tag:blogger.com,1999:blog-2761684730989137546.post2377030806539215167..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: How To Explain Return on Coordination to Economists?mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2761684730989137546.post-8397450026607105862012-10-03T16:28:02.267-04:002012-10-03T16:28:02.267-04:00"Perhaps ask them to try to purchase somethin...<i>"Perhaps ask them to <b>try to purchase something without the common currency?</b>"</i><br /><br />Yes. You know it's surprising how many people don't seem to think this is a big honking important deal.paul melihttps://www.blogger.com/profile/04604543110795683837noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-5973739412866683282012-10-03T16:10:21.132-04:002012-10-03T16:10:21.132-04:00Perhaps ask them to try to purchase something with...Perhaps ask them to try to purchase something without the common currency?<br /><br />Something along the lines of money talks, BS walks. ;-)Salsabobhttps://www.blogger.com/profile/06056713962363584884noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-48630742701963344122012-10-03T16:09:41.644-04:002012-10-03T16:09:41.644-04:00"I try to remember such methods and lessons w...<i>"I try to remember such methods and lessons when talking with economists."</i><br /><br />…and those that think like them. :-)paul melihttps://www.blogger.com/profile/04604543110795683837noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-6595671312112156042012-10-03T14:05:05.522-04:002012-10-03T14:05:05.522-04:00Thanks for posting this. Today I watched documenta...Thanks for posting this. Today I watched documentary film that deals with the subject of Economic Calculation, Market Rationale and its effects, along with considerations of the Scientific Principles of Sustainability titled <a href="http://www.thegreatplanet.com/culture-in-decline-economics-101-2012/" rel="nofollow">Culture in Decline: Economics 101</a>. I recommend you to watch this, if you did n't watch yet.PMSShttps://www.blogger.com/profile/04403163671905757073noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-20525742059418993782012-10-03T14:04:57.709-04:002012-10-03T14:04:57.709-04:00How's about this for coordination: I need your...How's about this for coordination: I need your help.<br /><br />I've been having interweb arguments about Mitt Romney and Bain. This went off onto a tangent, where the other party was defending Bain's lackluster performance on the (baseless) idea that Bain didn't have the downside risk that the market did - that is, people got something out of their fees because Bain didn't lose as much in the 2002 cluster eff as the S&P did. And that this is a reasonable argument for Mitt's competence because "their investment strategy didn't change much" after he left.<br /><br />Of course, this stinks from top to bottom, but I <i>cannot</i> estimates of Bain Capital's performance after 1998 that are easily comparable to the S&P. Estimates for 1984-1998 are widely available thanks to books like <i>The Romney Files</i>, but I cannot find 98-early 2000s data.<br /><br />Can anyone help? It would be appreciated.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-18997160866950693432012-10-03T12:41:13.327-04:002012-10-03T12:41:13.327-04:00Or perhaps "timing of labour"..Or perhaps "timing of labour"..Anonymoushttps://www.blogger.com/profile/07017137111072698253noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-38784635927979854732012-10-03T12:38:51.121-04:002012-10-03T12:38:51.121-04:00Division of labour?
http://www.victorianweb.org/e...Division of labour?<br /><br />http://www.victorianweb.org/economics/division.htmlAnonymoushttps://www.blogger.com/profile/07017137111072698253noreply@blogger.com