Category: economics
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Where to begin. Economists LOL. Consider first this joke which does its best to sum up the problem: A physicist, a chemist, and an economist are stranded on a desert island with no implements and a single can of beans. The physicist says, "Let's smash the can open with a rock.…
Investigation of a tax-reform idea (This is an exercise in looking through consequences and unintended consequences, and revising a model and re-investigating. I am unlikely to ever complete this article, as the ability to type up the consequences of a thought is much less than …
The invisible hand is an imaginary force, invented (arguably 'discovered') by Adam Smith, to explain the way that markets, composed of selfish desires, can have non-selfish consequences. It is a classic case of "emergence", where a thing of one type leads to a thing of an entire…
Here are the rules of Leon Coin (lb-coin). The emoji: 🏅 ...is used as the official emoji until a new emoji issuing foundation is established as a subsidiary of unicode and a custom emoji is thus available. Alternatively I would like to create an SVG to act as the official lo…
You might have lived in a city your whole life, or moved to a city from somewhere smaller, or visited a bunch of cities, without ever pondering this question: why on Earth do these monstrous places exist at all? These sort of questions can be considered on a philosophical scale,…
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