Google Reader Feed: My Shared Items
Tyler Cowen at Marginal Revolution points to an interesting article about how the large inflow of ransom dollars into Somalia as a result of piracy is leading to all sorts of changes in the social and economic structure of various coastal communities, not all of it good according to many residents. Many of these are [...]
Filed under: Uncategorized | Tagged: Economics, piracy | 1 Comment »
“Chirol” of Coming Anarchy (which is a fantastic blog for those interested in global and comparative politics) comments on the recent news that Somali pirates have set up what amounts to a stock exchange to help fund their operations. Chirol quotes from the original Reuters story: It is a lucrative business that has drawn financiers [...]
Filed under: Uncategorized | Tagged: Economics, incentives, piracy, political risk | 2 Comments »
Christopher Penn crafts an interesting piece arguing that piracy (i.e. copyright infringement) is, among other things, a market signal: Piracy indicates that something is sufficiently valuable enough that it’s worth stealing. It’s worth making an illegal copy and spreading without compensating the creator. Do you want the most accurate, unbiased, unmanipulated measure of how popular [...]
Filed under: Uncategorized | Tagged: applied signaling, copyright, market signals, piracy, signals, value | 4 Comments »
Fiction
Quicksilver (The Baroque Cycle, Vol. 1)
Non-fiction
The Book: Playing the Percentages in Baseball
Priceless: The Myth of Fair Value
The Numbers Game
Codes of the Underworld: How Criminals Communicate
Proofiness: The Dark Arts of Mathematical Deception
The Rational Optimist
The Quiet American
How Doctors Think
The Wisdom of Whores
Switch
Operation Mincemeat: How a Dead Man and a Bizarre Plan Fooled the Nazis and Assured an Allied Victory
