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Utility, welfare, and efficiency

  1. Welfare economics: an introduction
  2. The perils of Potential Pareto
  3. Inequality, production, and technology
  4. Welfare theorems, distribution priority, and market clearing
  5. Normative is performative, not positive

posted by kliuless on Jul 7, 2014 - 7 comments

Evenly distribute the future: Issuing more bio-survival tickets

VC for the people - "It's just that people who have options are much more likely to actually find success than people who don't." [more inside]
posted by kliuless on Apr 18, 2014 - 20 comments

Game behind gamed: your narrative programming for the day

How The Economic Machine Works by Ray Dalio[1] actually makes a case against austerity[2] and for redistribution, but also for money printing (and, arguably, for bailouts), while stressing the need to keep making productivity-improving public and private investments. However, it could be equally entitled: How The Industrial Age Political-Economy Doesn't Work Anymore, viz. Surviving Progress (2011)... [more inside]
posted by kliuless on Sep 25, 2013 - 28 comments

Incommensurable values

Economists and the theory of politics - "why unions were often well worth any deadweight cost" [more inside]
posted by kliuless on Mar 25, 2013 - 27 comments

To help us deliver interesting paid or sponsored content or promotions...

On December 5th, Instagram's founder Kevin Systrom announced that Instagram would cut support for Twitter cards. On December 10th, Twitter updated its mobile apps to include Instagram-like photo filters. On December 12th, Flickr did too. On December 16th, the New York Times reported that Systrom may have perjured himself during the process of selling Instagram to Facebook. On December 17th, Instagram updated its terms of use to announce, among other changes, that its users now
"agree that a business or other entity may pay us to display your username, likeness, photos (along with any associated metadata), and/or actions you take, in connection with paid or sponsored content or promotions, without any compensation to you."
In response, Wired has posted How to Download Your Instagram Photos and Kill Your Account. Previously.
posted by davidjmcgee on Dec 18, 2012 - 192 comments

epistolary novel

Clay Shirky: How the Internet will (one day) transform government [1,2,3] [more inside]
posted by kliuless on Sep 26, 2012 - 46 comments

use value vs. exchange value

What Is Value? What Is Money? (via via) [more inside]
posted by kliuless on Sep 1, 2012 - 15 comments

the dawn of a Star Trek generation

In Praise of Leisure - "Imagine a world in which most people worked only 15 hours a week. They would be paid as much as, or even more than, they now are, because the fruits of their labor would be distributed more evenly across society. Leisure would occupy far more of their waking hours than work. It was exactly this prospect that John Maynard Keynes conjured up in a little essay published in 1930 called 'Economic Possibilities for Our Grandchildren.' Its thesis was simple. As technological progress made possible an increase in the output of goods per hour worked, people would have to work less and less to satisfy their needs, until in the end they would have to work hardly at all... He thought this condition might be reached in about 100 years — that is, by 2030." (via) [more inside]
posted by kliuless on Jun 22, 2012 - 117 comments

sovereignty and taxation

David Graeber: Of Flying Cars and the Declining Rate of Profit (via) [more inside]
posted by kliuless on Jun 8, 2012 - 85 comments

Alone Together

Sherry Turkle believes that as we expect more from technology, we expect less from each other. (SLTedTalk)
posted by Evernix on Apr 6, 2012 - 41 comments

Grouponomics

The Sharing Economy (via) [more inside]
posted by kliuless on May 5, 2011 - 12 comments

Social Calculation and Coordination Problems

Trust, Coordination Technology* & The Experience Economy - "It could be that the nature of technological change isn't causing the slowdown** but a shift in values.*** It could be that in an industrial economy people develop a materialist mind-set and believe that improving their income is the same thing as improving their quality of life. But in an affluent information-driven world, people embrace the postmaterialist mind-set. They realize they can improve their quality of life without actually producing more wealth." (via mr) [more inside]
posted by kliuless on Feb 28, 2011 - 46 comments

notice that little 'f' (or 't') everywhere?

How (crowd) curation is making a comeback in search and how Facebook is using it to "remake whole industries."
posted by kliuless on Jan 16, 2011 - 27 comments

Howard Rheingold on cooperation, technology, and social dynamics

Technology of Cooperation (.gif map), from Howard Rheingold's Cooperation Commons project. Rheingold on Amish technology practices. [more inside]
posted by cortex on Jan 21, 2008 - 6 comments

Wikipedia and journalism (and ant farms, Bombay, etc.)

The avatar versus the journalist. Ant farms, Bombay, the neolithic revolution, and Wikipedia.
posted by Tlogmer on Jul 22, 2005 - 18 comments

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