Wednesday, May 03, 2006

Something

Cheap toilet paper should be banned. I know this complaint goes against my libertarian ethic (and I do not really believe it), but cheap toilet paper is inefficient, ineffective, and makes your ass hurt.


Conversation at the campus bus stop at 12:15AM:

Asian girl: "Did you just come from class?"

Me: "No, I am a graduate student studying for an exam. Did you come from class?"

Asian girl: "No, I was just making a pass."

She might have said "guess," but "pass" is a better story.


A drunk English major told who wanted to get a PhD and write a novel said his favorite author was John Grisham. I immediately went on a tirade about my Rules of Reading. (I cannot wait to read his novel.)


Three words for Ultimate Frisbee: two point play. I can only imagine the excitement that would bring after touchdowns.

6 comments:

Stephen said...

I really hope your not serious about sticking to this rules of reading thing. From a liberal arts perspective it may make good sense, but then again ask yourself what good a liberal arts degree is. Recently I heard a great suggestion about reading and being relevant. You should know what your boss (perhaps more than one level up) is reading and you should know what your role models/mentors are reading. Bill Gates is reading "1,000 Barrels a Second." Buchanan told us what he was reading about increasing returns to scale. If he thinks these recent books are important shouldn't we pay attention?

Wannabe Bastiat said...

There is probably an age (around 30-35) when you can start reading books written during your lifetime.
My argument is you cannot understand "1000 Barrels" until you have read Galbraith's "The Affluent Society." You cannot understand increasing returns to scale until you have read Smith and Ricardo.

What separates great philosophers from mediocre ones is thier knowledge of the classics.

And here lies the problem, I want to be a philosopher. You want to be a technician. It is the state of economics debate again.

"...in order to be heard, one must have something to say. To have that, one must know one's case. One must know it fully, logically, consistently, all the way down to philosophical fundamentals." Ayn Rand

Most people do not know there arguments "down to the philosophical fundamentals." Only by reading classics can one learn philosophical fundamentals.

Stephen said...

I would be interested to hear your opinion on the gold standard that Hayek and other Austrians supported. I think there is only current online service that uses it as a digital form of currency. (http://www.e-dinar.com/).

Wannabe Bastiat said...

I do not have a well thought out opinion on the gold standard. I think Greenspan wrote a supporting piece for it in "Capitalism: The Unknown Ideal."

My quick opinion is tight monetary policy is key to a sucessful society. "Inflation is purely a monetary phenomenon." But I cannot say we should go back to the gold standard. I will say worrying about money ignores the importance of increasing productivity. A society cannot grow because of monetary policy.

The "dangerous" comment elicits my curiosity. I think Krugman, Galbraith, and any input-output model is dangerous.

Wannabe Bastiat said...

Jeff is exactly right. Who cares about general equilibrium when you are staring a woman with legs that go all the way up...?

It is Spring, and the hormones are out in full bloom.

Anonymous said...

hey, the you know the market can solve that problem for you too.