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Gnibo created an article from about 53496 text blocks
It's a pleasure to be back at the Marginal Revolution . Let me start out by agreeing with Tyler and Bryan. Tim Harford is one of the leading popular social science writers and we're lucky to have him. (www.marginalrevolution.com....n/2008/01/)
I did a calculation. Microsoft was an example of a corporation that came from the previous revolution , the computer revolution . It was hugely profitable and successful. How many Microsofts would it have taken to justify the whole set of Internet valuations? I think I estimated it to be something like 1.4. (www.marginalrevolution.com....n/2007/12/)
But the purpose of the embargo was not to help the people of Cuba by improving their lives within their own system of government. The theory was that it would improve their lives by causing the downfall of their government. Sort of an anti-communist revolution (www.marginalrevolution.com....e-emb.html)
This is an interesting bit about hollywood. I have to agree, with some exceptions. I think good quality re-releases rich with special features will always get snatched up. Hollywood is over. The revolution is going to come with kids with advanced-a. [Read More] (www.marginalrevolution.com....f_the.html)
There57;s a post Marginal Revolution about the fall of Hollywood. I think that most of the points expressed are right on, but one important one is missing .Theatres suck.I went to go see Charlie and the Chocolate Factory on Friday and I was on. [Read More] (www.marginalrevolution.com....f_the.html)
I might hypothesize that the industrial revolution required a paradoxical state: a strong state that could preserve civil peace and prevent widespread capital destruction, but a weak state that couldn't siphon off industrial profits if it wanted t (www.marginalrevolution.com....ustri.html)
"The industrial revolution didn't happen "in Europe " either, since without the wealth produced by Europe 's conquests overseas industrial development could never have been financed. (www.marginalrevolution.com....ustri.html)
I agree with Jean. Colonialism doesn't explain the industrial revolution , but arguably the other way around. The only colony that really mattered, from a purely profitability perspective, was India, and India was colonized by one of the world's first private companies using comparatively modern finance techniques. (In fact, modern accounting and auditing practices developed in Scotland as a way for investors in the English East Indies Company to keep tabs on its far-off managers.) By contrast, the "wealth" produced by pre-1700 European conquests was inflationary and ephemeral - the New World bankrupted Spain and Portugal , and probably led to the French Revolution as well via the Mississippi Bubble (www.marginalrevolution.com....ustri.html)
"Industrial revolution " is too often equated to "steam power." Actually, much industrial technology was developed to be powered by water-for example, the water-powered fulling mill and the water-powered blast furnace were both developed in Europe during the Medieval period. Arkwright's late-1700s mechanized spinning device was known at the Water Frame, indicating its expected power source (www.marginalrevolution.com....ustri.html)
This week we are pleased that Professor Lloyd Cohen of GMU's School of Law will guest blog for Marginal Revolution . Lloyd has published widely in law and economics especially on creating a market in transplant organs, marriage and divorce, wrongful death, tender offers, and free riders and holdouts. We look forward to Lloyd's bracing style! (www.marginalrevolution.com....n/2003/10/)
Don't forget that you can benefit Marginal Revolution , at no cost to yourself , by clicking on the Amazon link at the bottom of the right column or any book link and then making purchases. Of course, if you would like to contribute directly you can do so via either the Amazon or PayPal tip jars at the top left. Thanks (www.marginalrevolution.com....n/2005/10/)
This is the last post of my stint on Marginal Revolution . Thanks very much to Tyler and Alex for the opportunity. It's not as easy as they make it look. (www.marginalrevolution.com....n/2005/07/)
I'll put my assessment under the fold, noting that I won't consider his obviously evil record as a torturer and criminal, just the economic policy, and to what extent he led a free market revolution (www.marginalrevolution.com....n/2006/12/)
Deng and others in the central leadership are to be credited with recognizing a good thing when they saw it but it was the farmers in villages like Xiaogang that began China's second revolution (www.marginalrevolution.com....n/2007/07/)
This turns the spotlight on agriculture, whose centrality to all organic economies is clear by definition. It must figure prominently in any quest for the industrial revolution , despite its apparent exclusion by the oddities of nomenclature (www.marginalrevolution.com....n/2004/12/)
And who can I thank for this reversal in fortune? That's right, the guys at Marginal Revolution . My post on Football and economics seems to still get some hits, months after it was posted, which encourages people to read my profile and thus vanquish the pretender Rojas (www.marginalrevolution.com....n/2004/08/)
Whilegrowth might once have come from boring stuff like raw materials,trade, giant factories, distribution networks, and organizationalconformity, Florida says, an epic revolution over the last half centuryhas put growth in the hands of bohemians with diverse and unusualdress, speech, hygiene, work hours, and sexual practices (www.marginalrevolution.com....n/2006/06/)
Code Red is one of the two or three best books on the economics of health care. It is especially strong on how the current mess evolved historically and what has been tried (or not tried) along the way. This is the place to go to understands PSROs or what happened to the HMO revolution . Dranove is very pro-Medicare but he (reluctantly) rejects single-payer systems for limiting innovation. Instead he finesses the market-government divide by calling for federalistic competition (www.marginalrevolution.com....n/2008/01/)
The richness of early twentieth century economic thought remains to be fully appreciated by historians of ideas. Pigou, Wicksteed, Pareto and many others led a behavioral revolution . rooted in Smith and Jevons. Veblen's best work was splendid, but it was less of an outlier than is usually thought. Duesenberry and Scitovsky drew directly on these earlier traditions. Freakonomics was common, albeit with lower-tech statistics. The notion of economics as household behavior dates from Aristotle and was never lost. Marshall was in reality an institutionalist. Experimental economics comes from William James and Edward Chamberlain. The real question is how so much got lost in the 1940s and onwards. Contemporary economics is oddly conservative, moving back to the 1900-1930 period in its emphases (www.marginalrevolution.com....n/2007/11/)
Manyconservative and libertarian economists supported President Bush,thinking they would be getting policy drawn from the work of Milton Friedmanand Martin Feldstein, two respected market-oriented economists.Instead, in economics, the Bush years have brought an increase indomestic government spending, and some poorly-thought-out privatizationplans. For all the talk of an extreme right-wing revolution , governmenttransfer programs like Social Security and Medicare have continued to grow. And despite big mistakes involving the Iraq war, Mr. Bush wasnât punished by voters in 200 (www.marginalrevolution.com....008/02/17/)
I just dont understand why anyone on the left would ever take the time to try and admonish him. Castro's revolution was a failure and there is ample evidence to feel certain in that opinion. Rationing, shortages, and decaying infrastructure are the norm in that country. Bravo to Castro for making some strides in health care and illustrating to the world how to achieve better health care outcomes with extremely constrained resources, however, this does not excuse the grotesque lack of development in that country over the past fifty years (www.marginalrevolution.com....e-emb.html)
How can you discuss Cuba while ignoring the race dimension ? Cuba under Battista was a fairly segregated society de facto whites controlled most of the wealth and were well educated, blacks worked on the plantations and were illiterate. Absent the revolution , Cuba would probably look a lot like Brazil . There is no question that the revolution was a disaster for the middle class, but on the whole it could be argued it did provide benefits for the poor black population access to better education, housing and healthcare far more quickly than would have been the case on a normal development path. If Castro could have liberalized the economy in the 1980s and tapped into the potential of the new educated young population he had created, he might be viewed today net-net as a success. As it is, the last 20 years have squandered most of that potential. Still, how many poor Cubans would really trade places even today with a poor Dominican or a poor Jamaican? Physical safety must count for something when comparing balance shee (www.marginalrevolution.com....e-emb.html)
Yes, and if my grandmother had wheels , she'd be a trolley car. Counterfactuals like this are worthless. Castro could not have liberalized and kept his job. There was a lot of enthusiasm for the revolution at the beginning (among those who didn't flee) but after 30 yrs that was all lost (www.marginalrevolution.com....e-emb.html)
Of course, the question is not really why the industrial revolution never happened "in China." The industrial revolution didn't happen "in Europe " either, since without the wealth produced by Europe 's conquests overseas industrial development could never have been financed. But maybe the real point is not that Europe developed steam power while China didn't; it's that Europe developed it *first,* and took full advantage of it. There is probably only space on Earth for one industrial revolution (www.marginalrevolution.com....ustri.html)
I once made the mistake of entering into a sportsman's bet with the economist John Kay. He wondered what would have happened if you had bought shares in the Great Western Railway, the most famous of all the rail companies in Britain, the birthplace of train travel. He speculated that even had you bought them on the first day they were available, and held them for the long term, your returns would have been quite modest, say, less than 10 percent a year. I couldn't conceive that one of the most successful companies of the railroad revolution could have possibly returned such a modest sum to shareholders. Off I went to flick through dusty nineteenth-century editions of The Economist and find out the answer. Of course, Kay was right. Not long after the Great Western Railway shares were put on sale for 100 pounds a share in 1835, there was a tremendous burst of speculation in rail shares. Great Western shares peaked at 224 pounds in 1845, ten years after the company was formed. Then they crashed and never reached that level again in the century-long life of the compan (www.marginalrevolution.com....n/2005/10/)
It's that time of year again, our NPR moment. Do you enjoy Marginal Revolution 's blend of economic commentary, book reviews, art recommendations and fun ideas? Please consider making a donation. You can donate through Amazon or via the PayPal link in the upper left hand corner. Any amount would be appreciated. Use the PayPal link for donations over $50. We are also happy to accept donations via snail mail. Send to (www.marginalrevolution.com....n/2005/11/)
In The Wealth of Nations, at least, Smith believes that he hasan extraordinarily penetrating and largely new insight: that the marketeconomy-the system of natural liberty, he calls it-as an immenselypowerful and benevolent social mechanism for promoting generalprosperity. This is, Smith believes, cause for a revolution in how weshould think about Political Oeconomy. The power and benevolence of themarket is not the only important consideration to take into account inthinking about questions of Political Oeconomy, but it is the mostimportant consideration-as important, relatively speaking, as is thegravity of the sun in calculating the motions of the planets. Just asyou cannot ignore the influence of Jupiter or even the Earth whencalculating the orbit of Mars, so you cannot ignore considerations ofcivic humanism or employer collusion or monopoly in thinking aboutPolitical Oeconomy. But to not give pride of place to Smith's love ofthe system of natural liberty is to be false to Smith's thoug (www.marginalrevolution.com....n/2004/12/)
The NYTimes reports on "an educational revolution " in India where the government schools are so bad that private schooling is exploding among the very poorest of the poor. Already over 17 percent of all kindergarten, primary and secondary schools are in the private sector and in the big cities the proportion is much higher . Jean Dreze, an economist who helped write a national assessment predicts "within 10 to 15 years, government schools will be almost wiped out. (www.marginalrevolution.com....n/2003/11/)
The decision was made by a left-wing government, read Chris Mooney for some astute commentary. I have read a few books lately on genetically modified foodstuffs, Peter Pringle's Food, Inc. was the most balanced. I've yet to see a case that the potential risks come close to outweighing the potential benefits. Remember the Green Revolution in agriculture? It saved millions of lives and elevated living standards around the world (www.marginalrevolution.com....n/2003/09/)
You are here: About Parenting & Family Genealogy Databases & Records Military Records Wars & Conflicts American Revolution Researching Your Revolution ary War Ancesto (genealogy.about.com....ionary.htm)
If you have an ancestor you believe may have served in the American Revolution in a military capacity, then an easy way to start is by checking the following indexes to major Revolution ary War record groups: (genealogy.about.com....ionary.htm)
In Solar Revolution , fund manager and former corporate buyout specialist Travis Bradford argues-on the basis of standard business and economic forecasting models-that over the next two decades solar energy will increasingly become the best and cheapest choice for most electricity and energy application (www.sciencedaily.com....dustry.htm)
Revolution Money Exchange is aggressively courting new members with a $25 sign-up bonus. They advertise that it takes 24 hours for the $25 to be credited to your account but it took me less than a minute to sign up and a minute later the bonus was immediately available in my account. (prosperlending.blogspot.com....money.html)
I'm sold. I'll be using Revolution Money Exchange instead of PayPal. Even if you don't use PayPal it's worth a couple minutes for the sign-up bonus. If you want an invite for the bonus enter your email below. After you sign up you can refer others and receive a $10 referral bonus (prosperlending.blogspot.com....money.html)
The bottom line: Every year we think Logitech has pushed the cordless laser mouse to the limit of functionality, and we're always proved wrong. The MX Revolution has a few minor issues, but for the most part, this high-end mouse continues Logitech's streak of market leadership and innovative design. (reviews.cnet.com....tag=txt.15)
It was reported from Tehran that Chris de Burgh would, thisyear, become the first Western artist to play in Iran since thecountry's Islamic revolution in 1979; Morrissey has also expressedhis desire to play ther (www.smh.com.au....37080.html)
The Arian concert Rajabpour put on in 2000 was the first by amixed-sex group since the revolution . Not that the group had iteasy. In Isfahan they were beaten up backstage; in Bandarabbas theywere told the female members could only play behind a curtain (www.smh.com.au....37080.html)
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