Sunday, June 08, 2014

My Prediction? PAIN!

A group of English PhD students investigate the problems of common pool resources.

What could possibly go wrong?

More details....

6 comments:

Jack 01 said...

Didn't this German guy take a look at that, and it all went south? What was his name, Karl M something...

Gerardo said...

Do you think they are "mentally irregular"?

Larry said...

"the "Duke Collective," and explains that the group, made of literature and English students..."

Is it a requirement of liberal arts grad students to be completely ignorant about economics?

Dr. Tufte said...

Oh ... the vacuousness.

"it's a better way to live your life." [sic]

Everything is a better way to live your life; until it isn't.

Munger: You're on the ground there. Could you please report back on this group in a year or so?

Jack 01 said...

“Up there, comrades," he would say solemnly, pointing to the sky with his large beak– "up there, just on the other side of that dark cloud that you can see– there it lies, Sugarcandy Mountain, that happy country where we poor animals shall rest for ever from our labours!"
He even claimed to have been there on one of his higher flights, and to have seen the everlasting fields of clover and the linseed cake and lump sugar growing on the hedges. Many of the animals believed him. Their lives now, they reasoned, were hungry and laborious; was it not right and just that a better world should exist somewhere else?”

Unknown said...

It'll be interesting to see when we reach the loincloth & head-on-a-pike stage.