The Market and Efficiency

Mark Thornton shares a story:

Remarkably, the cost of air conditioning plummeted over the decades. The cost of air conditioning units declined, and they became increasingly reliable, safe, and efficient in turning electricity into relief from heat and humidity.

That is until recently. Twenty years ago I had an air-conditioning system (i.e., heat pump, . . . → Read More: The Market and Efficiency

Price Gouging: Why I Sold Potassium Iodide Nuke Pills For A 1500% Gain

[Disclaimer: The follow article is a fictional account of a persuasive argument and should not be construed as an assertion of facts although written in the first person.]

My nuke pills, commonly known as potassium iodide, have been languishing unloved in my emergency supplies for years since I bought them for about $5.99 each. . . . → Read More: Price Gouging: Why I Sold Potassium Iodide Nuke Pills For A 1500% Gain

The Light Begins to Dawn ...

… and personally I think some corporate fortunes are going to fall hard as this “$800 tablet” trend comes to a screeching halt before it really gets started.

I almost certainly wasn’t the first blogger to discover that you can get into a decent Android tablet for less than $200, but I caught on . . . → Read More: The Light Begins to Dawn …

Is There Such a Thing as a Free Lunch…in the Scifi World?

Art and commerce have long had an uneasy relationship. In fact, I can’t help thinking about economics and writing without being reminded of the saying attributed to Moliere, the French playwright: “Writing is like prostitution. First you do . . . → Read More: Is There Such a Thing as a Free Lunch…in the Scifi World?