Capital wouldn't be finite. Productivity drives growth and growth drives investment which in turn drives productivity.
I'm referring to capital as in "money available for investment." Traditionally, this money came from savings. As the level of investment rises, more businesses are competing for my (finite) savings, and I can charge a higher interest rate for the use of my money.
Somewhere along the line, the government concluded they could make the economy look better than it really is if everyone spent all their money (and then some) instead of saving it. So where does the capital necessary for investment come from? Don't worry, the government will print all the money you need, at artificially low interest rates.
And that brings us to today. Over-investment leads to malinvestment, leading to an inevitable and painful correction in the markets. Then the government tries to prevent the correction by creating even more money... See where this is headed?
Greenspan did exactly what all the Republicans and Libertarians wanted... lowered the interest rate the Fed charged for money and kept their fingers out of market regulation.
I'm curious as to where you found these Libertarians who support the Federal Reserve.
In a true free market, capital is finite, so high investment leads to higher interest rates (by supply and demand) It is self-regulating, discouraging over-investment.
As you mentioned, the intervention of the Fed caused this boom/bust cycle by keeping interest rates artificially low and supplying endless credit. That's a key reason why most Libertarians and Constitutionalists want to end the Fed.
I just saw this link today, and it looks like it might fit the bill. The range is up to 5 mi, and it's powered via the ethernet cable. The downside is the $318 price tag.
There's a lot of confusion here regarding AMD's intent. This isn't about AMD certifying Intel/NVIDIA hardware. This is about combining AMD processors with ATI graphics and labeling the systems with the consumer-friendly "AMD GAME!" stamp. It's similar to Intel's Centrino stamp on laptops. The idea is to make a standard mark that non-geek consumers can look for instead of getting bogged down in specs.
The other day I saw a fruit stand in rural central Washington advertising free WiFi. For those interested, it's highway 97A between Orondo and Chelan.;)
I've had my Civic Hybrid since September 30th of last year (coincidentally, the commissioning anniversary of the nuclear sub Nautilus). 'Lissy' (short for Nautilus) has been a blast to drive. I average about 45 mpg on stop/go commutes, and about 55 mpg on interstate driving. With the A/C on solid I get about 42 on the interstate. The handling is great (tight steering and stiff suspension), and the electcric motor gets her off the stop line without hesitation. The console is a beautifully designed interface, and the quiet ride is nice on long trips. After almost a year of ownership, I have no regrets.
I did running start at a local Junior college my last 2 years of high school. I ended up with an Associate's degree and no regrets. In fact, my memories from the JC are fonder than those from HS.
High school is a game, much like Warcraft II, which can consume all of your time. Even if you get really good at the game, in the long run, does it benefit you all that much?
i'd like to hear the conservative gun crowd scream "it's not the gun, it's the criminal" and then in the same breath tell us it's not the teenager, it's the condom.
Of course, there is the *slight* difference that condoms are legally and freely available in schools.
I want to see something like this in a MMORPG with a user-built world. Start with a landscape and basic framework, and allow the players to build their own homes, shops, towns, bridges, etc. Frequently traveled routes would transform over time from grassy fields to worn ruts in the ground, to crafted stone roads with signposts. Have a player-driven economy, along the lines of AC2, where all the equipment is crafted and sold by players.
If we can build an operating system as a community, why not a world?
Slashdot Mirror
Capital wouldn't be finite. Productivity drives growth and growth drives investment which in turn drives productivity.
I'm referring to capital as in "money available for investment." Traditionally, this money came from savings. As the level of investment rises, more businesses are competing for my (finite) savings, and I can charge a higher interest rate for the use of my money.
Somewhere along the line, the government concluded they could make the economy look better than it really is if everyone spent all their money (and then some) instead of saving it. So where does the capital necessary for investment come from? Don't worry, the government will print all the money you need, at artificially low interest rates.
And that brings us to today. Over-investment leads to malinvestment, leading to an inevitable and painful correction in the markets. Then the government tries to prevent the correction by creating even more money... See where this is headed?
I'm almost too scared to watch anymore.
Greenspan did exactly what all the Republicans and Libertarians wanted... lowered the interest rate the Fed charged for money and kept their fingers out of market regulation.
I'm curious as to where you found these Libertarians who support the Federal Reserve.
In a true free market, capital is finite, so high investment leads to higher interest rates (by supply and demand) It is self-regulating, discouraging over-investment.
As you mentioned, the intervention of the Fed caused this boom/bust cycle by keeping interest rates artificially low and supplying endless credit. That's a key reason why most Libertarians and Constitutionalists want to end the Fed.
I'm still not understanding... could you relate this with a computer analogy?
Grace Hopper Pin-up!
I just saw this link today, and it looks like it might fit the bill. The range is up to 5 mi, and it's powered via the ethernet cable. The downside is the $318 price tag.
There's a lot of confusion here regarding AMD's intent. This isn't about AMD certifying Intel/NVIDIA hardware. This is about combining AMD processors with ATI graphics and labeling the systems with the consumer-friendly "AMD GAME!" stamp. It's similar to Intel's Centrino stamp on laptops. The idea is to make a standard mark that non-geek consumers can look for instead of getting bogged down in specs.
I'd pay to be able to play Lunar: The Silver Star and Dark Wizard on my Wii. Anyone else?
Of course, that assumes that the drive is capable of reading standard CD-ROMs, which the Sega CD used.
and always leave them wanting more.
The alternative being: milk it to death and leave them cursing the name "Lucas."
-1, Obvious.
Sort of like Marilyn Manson singing a cover of "Personal Jesus."
Someone thought of the kittens!
Was I the only one who read the headline and hoped for a new Thief game?
I didn't really get into the post-LGS Thief III.
Quotations - the last resort of people without a valid argument.
In the same review he also cites Wikipedia:
"According to the invaluable Wikipedia encyclopedia on the Web..."
The other day I saw a fruit stand in rural central Washington advertising free WiFi. For those interested, it's highway 97A between Orondo and Chelan. ;)
How ironic that they found the 'Ace' in the Hole.
I've had my Civic Hybrid since September 30th of last year (coincidentally, the commissioning anniversary of the nuclear sub Nautilus). 'Lissy' (short for Nautilus) has been a blast to drive. I average about 45 mpg on stop/go commutes, and about 55 mpg on interstate driving. With the A/C on solid I get about 42 on the interstate. The handling is great (tight steering and stiff suspension), and the electcric motor gets her off the stop line without hesitation. The console is a beautifully designed interface, and the quiet ride is nice on long trips. After almost a year of ownership, I have no regrets.
I did running start at a local Junior college my last 2 years of high school. I ended up with an Associate's degree and no regrets. In fact, my memories from the JC are fonder than those from HS.
High school is a game, much like Warcraft II, which can consume all of your time. Even if you get really good at the game, in the long run, does it benefit you all that much?
i'd like to hear the conservative gun crowd scream "it's not the gun, it's the criminal" and then in the same breath tell us it's not the teenager, it's the condom.
Of course, there is the *slight* difference that condoms are legally and freely available in schools.
I want to see something like this in a MMORPG with a user-built world. Start with a landscape and basic framework, and allow the players to build their own homes, shops, towns, bridges, etc. Frequently traveled routes would transform over time from grassy fields to worn ruts in the ground, to crafted stone roads with signposts. Have a player-driven economy, along the lines of AC2, where all the equipment is crafted and sold by players.
If we can build an operating system as a community, why not a world?
The entirely truthful response, used by Sir Ian McKellen himself, is, "Gandalf the Grey is gone forever."
I use Ruby and love it.
. html.
No documentation? The entire Programming Ruby: The Pragmatic Programmer's Guide book is online for free at http://www.rubycentral.com/book/index.html. The book (in HTML Help format) also comes with the Windows install package at http://www.rubycentral.com/downloads/ruby-install
For those who have no idea what Ruby is (the review wasn't clear), check out
http://www.rubycentral.com/
and
http://www.ruby-lang.org/en/index.html
As I hold a delicious red caffienated beverage in my hand, I can't honestly say that the Code Red scare was all bad. :)
...Jumped the Shark?
http://www.jumptheshark.com/
"The more you tighten your grip, Valenti, the more star systems will slip through your fingers."