Social media and price controls: Phone app helps Venezuelans locate scarce food supplies and toilet paper (Guardian) but not on the iPhone.
Efficiency wages extraordinaire
Wonderful example of efficiency wages’ need for worse alternatives. How Costco saves taxpayers money (Fortune) Although that’s not the point of the story, it is rich with detail.
Two Scots
“Reason is, and ought only to be the slave of the passions.” —David Hume, A Treatise of Human Nature, Sect. iii. Of the Influencing Motives of the Will As compared to Smith’s use of reason in The Wealth of Nations.
The sun stirs the earth
The sun stirs the earth. Around and around, it stirs us, like a stew. – The Book Thief (by Markus Zusak, 2005), Part Ten, in the Chapter “Ilsa Hermann’s Little Black Book”, page 519. “Don’t punish yourself,” she heard her…
WordPress fix
While editing a post on my iPad, the WordPress app got stuck (maybe because I tried to preview the post) as Failed. This fix (in the WordPress site’s user forum) took care of my problem.
Scalping, pricing, and fairness
“persuade artists that increasing the price of their top tickets to near the point where supply meets demand is not greedy but equitable for their fans” How Much Is Michael Bolton Worth to You? (NYTimes) That’s the useful point of…