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By Ralph Haygood on Moral Calculus Elucidated

@KarenUhOh: "price elasticity" or, more precisely, "price elasticity of demand" is a standard, reasonably well defined thing in economics (e.g.,

http://www.economicsonline.co.uk/Competitive_markets/Price_elasticity_of_demand.html

). Whether Amazon has measured it as they claim is, of course, another matter, and whether it implies what Amazon asserts it does is, of course, yet another matter.

Posted on July 30, 2014 at 9:42 pm 1

By KarenUhOh on The Airbnb Hole

And here I'd been thinking my last year was important.

Posted on July 18, 2014 at 3:09 pm 2

By KarenUhOh on Word Somewhat Powerful

They spelled it wrong.

Posted on July 16, 2014 at 9:14 am 2

By KarenUhOh on Pity the Incoherent Youngs

Kinda hard for anyone's politics to be "coherent" when they're gamed to put everyone at each other's throats.

Posted on July 15, 2014 at 4:07 pm 3

By Mr. B on To Karl Ove Knausgård, Re: Your Tortured Feelings for the Gays

Is the "ex-friend" (I'm assuming it's Balk, because character economy, and who else is that big a fan) an "ex" because of your strongly differing opinions about Knausgård?

Meanwhile I'm just trying to digest the notion that the thing that makes Proust (et al.) compelling is the gender of human he preferred to fuck.

Posted on July 11, 2014 at 10:52 am 2

By Smitros on The Potato Salad Kickstarter Is the Science Fiction Villain We Deserve

@hershmire I thought that's where my taxes were going.

Posted on July 8, 2014 at 3:29 pm 1

By Ralph Haygood on A Unified Theory of Why Money Makes No Sense Right Now

@hershmire: Bingo! You left the comment I came here to write.

The thing about giving rich people ever more money is that they don't actually spend it - nobody can actually spend a billion dollars - they "invest" it. They "invest" in frothy nonsense rather than invest in sensible opportunities, because there aren't enough sensible opportunities to absorb anywhere near all the money currently sloshing around, because there aren't enough ordinary people with money to buy the goods and services sensible opportunities lead to producing. That's the basic reason for the phenomenon that "more money is piling into savings than businesses believe they can use to make productive investments." In other words, all this is symptomatic of the withering of the middle class.

Posted on July 8, 2014 at 2:43 pm 2

By freetzy on Put Your Phone Down

@And then Katie said Because your arms are in the way, asshole.

Posted on July 7, 2014 at 10:33 am 5

By KarenUhOh on Nation Completes Recovery

The NSA would like to know your answer, too.

Posted on June 27, 2014 at 11:00 am 2