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In the Economic Interest
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Oct 27 2007, 6:07 PM EDT
laschmitt
edit
19 words added
2 words deleted
1 image added
1 image deleted
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The following diagram illustrates how a complex system can have more than one 'equilibrium'.
If you
just
analyze
just
one equilibrium
solution,
solution
(as most do),
you will miss the other, potentially better, one. This is what happens
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(Word count: 540)
Oct 27 2007, 6:03 PM EDT
laschmitt
edit
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There were only format changes (bold, italics, etc.) in this version.
See this version for details.
(Word count: 523)
Oct 27 2007, 6:00 PM EDT
laschmitt
edit
4 words added
Change:
claimed that they have
experienced this in their ‘green’ efforts and has been publicizing how pleased and ‘surprised’ they were at the economic results.What does this then say about our standard economic analyses? That they are
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(Word count: 523)
Oct 27 2007, 5:57 PM EDT
laschmitt
edit
17 words added
3 words deleted
Change:
This fact has started to be
talked about.
Even
BP
just
has
experienced this in their ‘green’ efforts and has been publicizing how pleased and ‘surprised’ they were at the economic results.What does this then say about our standard economic
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(Word count: 519)
Oct 27 2007, 5:48 PM EDT
laschmitt
edit
3 words added
1 word deleted
Change:
Paul Ormerod)
.
If you just analyze one equilibrium solution, you will miss the other, potentially better, one. This is what happens to companies time and
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(Word count: 505)
Oct 27 2007, 5:46 PM EDT
laschmitt
edit
7 words added
2 words deleted
Change:
by main stream
protest
media
that the California regulations to limit greenhouse gases were just a way to get around the fact that California can’t impose its own CAFÉ standards. The fact of the matter is that the refrain ‘If
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(Word count: 504)
Oct 27 2007, 5:43 PM EDT
laschmitt
edit
1 word added
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Change:
was
protest
protesting
that the California regulations to limit greenhouse gases were just a way to get around the fact that California can’t impose its own CAFÉ standards. The fact of the matter is that the refrain ‘If it
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(Word count: 499)
Oct 27 2007, 5:43 PM EDT
laschmitt
edit
3 words added
4 words deleted
Change:
a pundit
pundits
who was protesting that the California regulations to limit greenhouse gases were just a way to get around the fact that California can’t impose its own CAFÉ standards. The fact of the matter is that the refrain ‘If
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(Word count: 500)
Oct 27 2007, 5:37 PM EDT
laschmitt
edit
15 words added
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Change:
true economic reality of their
light’.
decisions.
A curious outcome often occurs when this happens. Despite all of the moaning and gnashing of teeth about how much a new
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(Word count: 501)
Apr 15 2007, 9:05 PM EDT
laschmitt
edit
1 image added
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There were only format changes (bold, italics, etc.) in this version.
See this version for details.
(Word count: 500)
Apr 15 2007, 9:02 PM EDT
laschmitt
edit
494 words added
Change:
A curious outcome often occurs when this happens. Despite all of the moaning and gnashing of teeth about how much a new regulation will cost
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(Word count: 500)
Apr 15 2007, 8:59 PM EDT
laschmitt
create
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Created by
laschmitt
Apr 15 2007, 8:59 PM EDT for: no reason given
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