Transaction costs

Posted in Uncategorized | No Comments »

Noah seems to argue that taking property rights to extremes and privatizing everything is the libertarian dream, will increase efficiency, but will also introduce onerous monetary and psychological transaction costs and lead to a feeling of less freedom, rather than 

What do tigers dream of

Posted in Uncategorized | 1 Comment »

http://www.nytimes.com/2011/07/31/books/review/perplexities-of-consciousness-by-eric-schwitzgebel-book-review.html?_r=1&partner=rss&emc=rss&pagewanted=all He begins with the curious case of color in dreams. When people today are asked whether they regularly dream in color, most say they do. But it was not always so. Back in the 1950s most said they dreamed 

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.