Monthly Archives: March 2010

More on Human Action

As I was thinking about my Monday post, I found some interesting things on YouTube referring to Human Action. I've found that  Human Action either gets people excited or (more often) gets groans. There are a decent number of lectures and other … Continue reading

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Posted in Books, Economic Thinking, Web/Tech | 1 Comment

Bastiat and The Broken Window Fallacy

Have you ever thought, or heard someone else say something like, "ya, [Katrina, Haiti, Chile, ...] was a tragedy – but ultimately good will come of it – there will be jobs created, new infrastructure… in the end we'll be … Continue reading

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Sci-Fi and the Human Action Model

Okay, I admit it, I love Science Fiction. I'm more of a Star Wars fan than a Star Trek fan, but we Sci-Fi geeks tend to find one another. So, I knew a fellow who strongly believed that Science Fiction … Continue reading

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Posted in Culture, Innovation, Science | Leave a comment

In Response to “It Depends”

I received a great email response from a colleague to my earlier post entitled "It Depends." Here is the response from Pat McCann: "It is true; just like there are no cook book answers in life, there are no cook book MBM … Continue reading

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Science

This article over at PBS shows cute letters from children to museum curators about the classification of Pluto changing from a planet to a dwarf planet. (I actually went to Wikipedia's Pluto article because I wasn't sure what Pluto is … Continue reading

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Posted in Knowledge Processes, Mental Models, Science | Leave a comment

It Depends…

After studying (and struggling) with MBM for a little over a year, I've started to get a little more comfortable teaching the concepts in front of large groups… for the most part. There is one answer that makes me squirm, … Continue reading

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Friday Links

I have stumbled across some interesting links lately, but most of them require some explanation. So this link dump is a little text heavy.  Recently, I have re-read chapters in Hernado de Soto's book, The Mystery of Capital. One thought in the … Continue reading

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Economics Everywhere

I decided to study economics in undergrad (and graduate school) because I enjoy neat explanations about the world.   For instance, the Consumerist brings you "How Bags of Oranges Cost More than Coke." The article and comments connect this phenomena to the increasing … Continue reading

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Posted in Books, Economic Thinking, Incentives, Sports | Leave a comment

Can we go back to the future?

In the Science of Success, Charles Koch writes,  "As an engineer, I understood the natural world operated according to fixed laws.  Through my studies, I came to realize that there were, likewise, laws that govern human well-being.  I learned that … Continue reading

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Tacit Knowledge

I've been reading a lot about Michael Polanyi's concept of tacit knowledge. So, I did the perfectly rational thing… I typed "tacit knowledge" into Youtube. This interesting video came up.  It's amusing for the cheese factor, but quite frankly, it misses … Continue reading

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