Wednesday, September 1, 2010

More on Saving and Investment

This article is a much better exposition of some of the ideas I was trying to get at in my post titled Bad Investment.

Here's a related post by Eric Falkenstein that discusses how people and businesses behave when their performance on fundamental measures is not well correlated to their earnings.

Technology

From the point of view of society, technology is the reason for doing science.
 
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