Postcards From Google Earth: "I collect Google Earth images. I discovered them by accident, these particularly strange snapshots, where the illusion of a seamless and accurate representation of the Earth’s surface seems to break down. I was Google Earth-ing, when I noticed that a striking number of buildings looked like they were upside down."[more inside]
posted by Room 641-A
on Apr 6, 2013 -
Odd Crop Prices Defy Economics. For finance and economics geeks:
Could a drugstore sell two identical tubes of toothpaste, and charge 50 cents more for one of them? Of course not. But, in effect, exactly that has been happening, repeatedly and mysteriously, in trading that sets prices for corn, soybeans and wheat — three of America’s biggest crops and, lately, popular targets for investors pouring into the volatile commodities market.
The curious thing is that these price anomalies should be ripe for arbitrage. There should be no gap between the price of say, wheat in the cash market and the wheat futures contract on the day the contract expires.
posted by storybored
on Mar 30, 2008 -