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Tag Archives: political economy
The Political Economy of Scrabble: Currency, Innovation, and Norms
In Scrabble, there is a finite amount of resources (letter tiles) that players use to create value (points) for themselves. Similarly, in the real world matter cannot be created so much of human effort is rearranging the particles that exist into … Continue reading
Posted in Uncategorized
Tagged behavior, crime, culture, data, economics, education, entertainment, fun, game theory, games, how-to, humor, micro-institutions, micro-institutions everywhere, political economy, politics, programming, Python, rationality, rent seeking, technology
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Wednesday Nerd Fun: Where Things Come From
Where did your shoes come from? Your coffee? Your laptop? One of the beautiful things about the modern world is that you can hold a piece of technology in your hands–or wear it on your feet–without having to know the … Continue reading
Posted in Uncategorized
Tagged economic development, economics, food, fun, humor, micro-institutions everywhere, nerd, political economy, statistics, technology, visualization
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What’s the big deal about corporations?
I had the pleasure yesterday of attending a lecture by Timur Kuran that discussed how the adoption of laws allowing corporations fostered the economic success of Europe. The only form of commercial organization allowed in the Ottoman Empire until the … Continue reading
Posted in Uncategorized
Tagged corporation, economics, occupy movement, political economy, politics, protests
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