Tweet by newballpark
The Coase Theorem provides insight into how difficult transactions can be made – such as MLB territorial rights management – w/o litigation.
— newballpark (@newballpark) September 3, 2013
via http://twitter.com/newballpark
Tweet by newballpark
U Chicago economics professor Ronald Coase passed away today. His theorem explained #externalities. http://t.co/GC1mcIJNQe
— newballpark (@newballpark) September 3, 2013
via http://twitter.com/newballpark
Flickr:

Security is tighter on Yerba Buena Island these days. We were walking on Macalla Road when we told by a private security patrol (something I haven’t seen before) to get back to public space. Maybe it’s because the redevelopment of the island is theoretically breaking ground in 2014?
24-70 @ 60mm, f/11, 8-30s, ISO 100-400.
Tweet by loresjoberg
I'm a metaphysicist. That means I throw physicists together at incredible speeds and study the resulting particles.
— Lore Sjöberg (@loresjoberg) September 1, 2013
via http://twitter.com/loresjoberg
Poverty strains cognitive abilities, opening door for bad decision-making, new … – Washington Post
…policymakers “should beware of imposing cognitive taxes on the poor just as they avoid monetary taxes on the poor,” the paper states. Filling out long forms, deciphering complicated rules or undergoing lengthy interviews can consume scarce cognitive resources.
Tweet by Medium
“How the Color Red Changes Our Brains” by @Maura__Kelly https://t.co/szUG5h3LGQ
— Medium (@Medium) September 1, 2013
via http://twitter.com/Medium
James Burke predicted the future in 1973, now predicts 2053
interesting audio interview
YouTube: London to Brighton Train Journey: 1953 – 2013
Rebecca Solnit · Diary
“I forget practical stuff all the time, but I also forget to look at the distance and contemplate the essential mysteries of the universe and the oneness of all things…I wonder sometimes if there will be a revolt against the quality of time the new technologies have brought us, as well as the corporations in charge of those technologies.”
What is Success?
“I didn’t think about success as a person, about emotional or creative success, about success in my marriage or in my relationships with people. My initial reaction was to think of success in narrow terms.”