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Sunday, February 04, 2007

"When a thing ceases to be a subject of controversy, it ceases to be a subject of interest." - William Hazlitt


"The history of economics comprises increasingly sophisticated observations of people's choices in markets and theoretical models suggested by these observations" - George Ainslie, Emotion: the gaping hole in economic theory. This is the best description I've seen yet.

Economic models must be tractable not only because you must get nice results, but because economists aren't that good at maths.

Also seen: "watch boys turn into men as they enlist into the army - naw, not really, just hulking chauvinists and despos"

I'm told that City Harvest cell groups have an offering session (donation drive) when they meet - they cull cash from you not just once but twice a week. Enming was really inspired when he called it Cash Harvest Cult.

I just found out that we learnt Hegelian Dialectic in S paper Economics (Thesis, Antithesis, Synthesis). Wth.

The McDonalds Prosperity Burger is hotter than Long Beach Black Pepper crab. Wth.
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