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Marginal Revolution links to a new paper by economist Stan Liebowitz on the economic effects of file sharing on the recording industry. It's a response to an earlier paper that argued peer-to-peer file sharing has had little impact on CD sales. Leibowitz digs into the arguments and finds a number of problems. For example, one…
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Boris Johnson’s proposal to bring back the imperial system is a reflection of “path dependence.”
And forget about it. >> so fred used the n-word, told you, you don't rent to people like that. >> yes. >> and stan liebowitz said repeatedly in that interview that donald trump was standing beside his father fred and nodding yes, when his father was saying that. >> it would be totally out of character for donald to challenge his dad. this is the strange thing about him. he's so clued in to hierarchy, that if the father says it, he's going to at least not contest it. and you see it in his children. donald's children are practically members of a cult. and in fact, when i interviewed them, they w...