Monday 24 January 2011

If you don't believe in business cycles read Edward C. Prescott - Autobiography

Long ignored in economics programs many economics students do not know what a business cycle is nor what to look for when using such tools as needed to understand them, hence so many bad economic forecasters.

http://nobelprize.org/nobel_prizes/economics/laureates/2004/prescott.html


Woohs stream at http://woohs.blogspot.com taps into many streams of thought and action. There is no end to motion, just evolution and unrelenting change, seen or unseen. Energy is motion both in reality and calculation. Take time to rest even though all inside you is always moving. Your massive relative pause gives opportunity for other smaller streams to catch up. Take time to meditate so that you can see with your mind what lies within and beyond.

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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!