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TAMPA BAY, Florida — A subtle, but significant tweak to Florida’s rules regarding traffic signals has allowed local cities and counties to shorten yellow light intervals, resulting in millions of dollars in additional red light camera fines. The 10 News Investigators discovered the Florida Department of Transportation (FDOT) quietly changed the state’s policy on yellow intervals in 2011, reducing the minimum below federal recommendations. The rule change was followed by engineers, both [...] From Eric Peters Autos: If you go new-car shopping, your main worry is price. You don’t have to worry about the particular car. The red one sitting next to the silver one that’s parked next to the yellow one on the dealer’s lot… they’re all the same. It doesn’t really matter which one you pick – other than colors and options. And, of course, the price. With a used car, it’s exactly the [...] Gamblers virtually took over Massachusetts Cash WinFall lottery, officials admit Statisticians, including biomedical researcher and MIT students, calculated a system to guarantee wins A group of science and mathematical whizzes outwitted a state lottery and netted $8million after discovering a loophole in the system. Officials at the Massachusetts state lottery knew one of their games had essentially been [...] ‘Once you pop, you can’t stop,’ goes the slogan – but it seems you can, with a little help from a few bright-colored chips added to a stack of snacks. Dividing up the chips into ‘portions’ reminds people of how many they’re eating – and they slow right down. The effect of the bright-colored chips can reduce people’s consumption by up to 50% in tests. ‘The colored chip did all the work,’ says [...] Who hasn’t picked up a piece of dropped food from the floor, given it a quick blow and assumed it was still safe to eat? To many of us, it is second nature to apply the age-old pseudo-scientific ‘three second rule’ on such occasions, telling ourselves we’re safe if the food hit the floor only momentarily. The idea that food is not contaminated if it is retrieved quickly has been believed for [...] From Dividend Growth Investor: Benjamin Graham is the father of value investing. His strategy was focused on purchasing securities where the price was much lower than the total liquidation value of the corporation. This concept of purchasing stocks with a margin of safety has made him, his investors, and the investors of his followers billions of dollars in profits. The real profits from this powerful concept were realized by Warren Buffett, who [...] From Dividend Growth Investor: Benjamin Graham is the father of value investing. His strategy was focused on purchasing securities where the price was much lower than the total liquidation value of the corporation. This concept of purchasing stocks with a margin of safety has made him, his investors, and the investors of his followers billions of dollars in profits. The real profits from this powerful concept were realized by Warren Buffett, who [...] by Doug Casey of Casey Research Our Economic Future: From Best to Worst Case There is a great deal of uncertainty among investors about what the future of the U.S. economy may look like – so I decided to take a stab at what’s likely to happen over the next 20 years. That’s enough time for a child to grow up and mature, and it’s long enough for major [...] by fishhook Before we jump right into all the fun of discussing various potential investments, let’s first talk about how you might want to go about purchasing them, whatever you decide will be your investment, or more likely, your investment mix. How to buy investments should be a simple enough little beginning topic………..shouldn’t it?!? Dollar Cost Averaging 101: If they made something like ice cream or cardboard boxes you’d have all sorts of histories and predictors to guide you. Apple’s largest source of revenue is the iPhone which was only released three years ago. The iPad was released just about three months ago and also looks to be starting a fantastic run. Apple has no debt, $40+B in cash, owns their own technology, has no legacy products to hold [...] by rawb Step 1, get visa: 600 RMB: Get a F-visa invitation letter from a company in China already. There are many agencies which are there simply to give such invitation letters to foreigners. You don’t need any foreign expert shit at all. You email a girl, wire her 600 rmb, and get an invitation letter. Then go to your consulate and pay $100 USD to get the F-visa with that [...] |
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Brilliant Discovery In Economics, US Economy Works On Keynesian Policies
via mickeyman from The World Complex blog.
This paper shows the kind of brilliant research that gets done now that economic commentary is only pursued by Ph.D.s.
In this paper, Johansen and Simonsen (2011) come to the surprising conclusion that (spoiler alert!) the US economy operates on Keynesian principles; which differs significantly from its official policy of creating credit whenever a problem appears.
The principal evidence offered in support of the [...]