By holdup!holdmyphone! on Alternate Names for the Neighborhood Unfortunately Referred to As "Quooklyn" by the New York Times, Ranked
@KarenUhOh: "price elasticity" or, more precisely, "price elasticity of demand" is a standard, reasonably well defined thing in economics (e.g.,
). 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.
By KarenUhOh on The Airbnb Hole
And here I'd been thinking my last year was important.
Kinda hard for anyone's politics to be "coherent" when they're gamed to put everyone at each other's throats.
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.
@hershmire I thought that's where my taxes were going.
@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.
By freetzy on Put Your Phone Down
@And then Katie said Because your arms are in the way, asshole.
The NSA would like to know your answer, too.