Saturday, January 04, 2003
posted by Carla Passino at 6:25 AM
Page after page of professional economic journals are filled with mathematical formulas leading the reader from sets of more or less plausible but entirely arbitrary assumptions to precisely stated but irrelevant theoretical conclusions.
(Wassily Leontieff)
Friday, January 03, 2003
posted by Carla Passino at 6:23 AM
We learned more from a three minute
record than we ever learned in school
(Bruce Springsteen)
Thursday, January 02, 2003
posted by Carla Passino at 6:22 AM
It is however always important to remember that the ability to see things in their correct perspective may be, and often is, divorced from the ability to reason correctly and vice versa. That is why a man may be a very good theorist and yet talk absolute nonsense....
(Joseph Schumpeter)
Wednesday, January 01, 2003
posted by Carla Passino at 6:43 PM
A Blast From The Past
The News on Saturday, January 1, 1853
British magazine The Field celebrates its 150th anniversary this month and they have republished their first ever issue which was dated January 1, 1853. Here are the hottest news from that day.
- All doubts, if any there existed, relative to the formation of a ministry by the Earl of Aberdeen, have now been set at rest, by the noble lord in the House of Peers stating that he had succeeded in calling together a Cabinet whose future proceedings would be directed to the extension of free-trade principle.
- The metropolis and provinces have been visited by a gale of wind of some hours' duration, which caused great havoc.
- At the City police courts numerous summonses have been issued, for the purpose of calling upon certain jewellers in the metropolis to answer charges of having sold articles for pure gold which have turned out to be composed of baser metals.
- The Emperor of the French has decreed a successor, should he not leave an heir to the empire.
- A sharp action has taken place near Podgorizza, between the Turks and the Montenegrines, in which the Turks first gained a slight advantage, but were ultimately rooted by the Montenegrines.
- Since the committal of Lord Frankfort to the House of Correction, Coldbathfields, in pursuance of the sentence of the Court of Queen's Bench, he has conformed himself very willingly to the rules of the prison, and appears quite reconciled to his punishment. He wears the prison dress, and in every respect is placed on the same footing as the other prisoners. His diet consists of meat three days a week, and soup the other days, with cocoa for breakfast and gruel for supper. He goes to bed every night at six o'clock, and is unlocked at half past six in the morning. By the payment of five s. per week he is excused from labour, and he spends his time principly in reading.
posted by Carla Passino at 8:01 AM
Happy 2003
Let's toast to the new year
We would like to wish you and your families the very best for 2003. Have a drink on us...
Tuesday, December 31, 2002
posted by Carla Passino at 10:20 PM
Obviousness is always the enemy of correctness.
(Bertrand Russel)
Monday, December 30, 2002
posted by Carla Passino at 10:18 PM
Oh, Lord, won't you buy me a Mercedes Benz
My friends all drive Porsches, I must make amends.
(Janis Joplin)
Sunday, December 29, 2002
posted by Carla Passino at 10:17 PM
After all, the sight of all those wealthy and important people in the same place, with scores of famous intellectuals in attendance, surely inspires the same thought in even the most cynical of observers: Come the revolution, we shoot these people first.
(Paul Krugman)
 |
|