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More Economics
Nov. 28th, 2010 02:24 pmNot as cute as the cartoon below, of course.
Brad DeLong puts up a very readable (for the uninitiated) late October lecture about the financial crisis and why it has continued, even invoking Nietzsche's transvaluation of values as a possible explanation.
(Someone brings up the Golden Rule in response, and how it can affect societies: "Treat others as you would have them treat you. It requires, for best results, that one love oneself also. Otherwise, self hate of oneself turns into hatred of others.")
This chart on perceptions of wealth was floating around some time ago, and offers another explanation for why some solutions for the economy don't come into play - people are very mistaken about where they are on the ladder.
Brad DeLong puts up a very readable (for the uninitiated) late October lecture about the financial crisis and why it has continued, even invoking Nietzsche's transvaluation of values as a possible explanation.
(Someone brings up the Golden Rule in response, and how it can affect societies: "Treat others as you would have them treat you. It requires, for best results, that one love oneself also. Otherwise, self hate of oneself turns into hatred of others.")
This chart on perceptions of wealth was floating around some time ago, and offers another explanation for why some solutions for the economy don't come into play - people are very mistaken about where they are on the ladder.
