spencer at thorns dot org http://spiny.thorns.org/spencer2/pivot-blog/index.php Reflecting these electric dreams. en sth@panix.com Copyright 2008 Pivot Pivot - 1.30.1: 'Rippersnapper' Wed, 12 Nov 2008 15:06:29 -0500 60 Fake NY Times Hits Readers http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=278 http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=278#comm NY Times Liberal Progressive Solution Edition: absolutely brilliant. ]]> 278@http://spiny.thorns.org/spencer2/pivot-blog/pivot/ default Wed, 12 Nov 2008 15:01:00 -0500 Repo review http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=277 http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=277#comm Repo: The Genetic Opera. ]]> 277@http://spiny.thorns.org/spencer2/pivot-blog/pivot/ default Sat, 08 Nov 2008 01:20:00 -0500 Newspapers going online only http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=276 http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=276#comm
  • CS Monitor
  • US News & World Report
    • Don't be surprised when the NYT and the WSJ do the same. ]]>     276@http://spiny.thorns.org/spencer2/pivot-blog/pivot/ default Thu, 06 Nov 2008 18:21:00 -0500     Raver wear going mainstream http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=275 http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=275#comm Future Fashion ]]> 275@http://spiny.thorns.org/spencer2/pivot-blog/pivot/ default Fri, 24 Oct 2008 18:32:00 -0500 The beginning of the end of Market Fundamentalism http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=274 http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=274#comm Greenspan admits mistakes in his ideology.How many of us have been saying this stuff, and for how long? The idea that "self-interested" institutions and individuals will always make collectively optimal, or even rational choices is absurd and has been disproved over and over again. Now, Greenspan, the self-titled Libertarian, who worshiped an Objectivist, and governed his central bank like a Neoliberal finally sees the dangers of no market oversight or regulation. That's right, it does not work. It's all about finding the right mix of rules and regulations, private and public, shared risk and individual risk - not just saying "all X is bad" or "all X is good". It has to be an ongoing, constantly renegotiated process and balance. This is one of the tenets of heterodox economics - using empirical methods to find out what works - not just deciding the process and saying that whatever will be, will be. That's called "process legitimizes outcome", and is complete and utter trash.

    My, how the mighty have fallen. ]]>     274@http://spiny.thorns.org/spencer2/pivot-blog/pivot/ default Thu, 23 Oct 2008 15:11:00 -0500     Repo http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=273 http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=273#comm Repo: The Genetic Opera is going to be great.Finally, a stylish indictment of privatized medical systems and their attendant perils. ]]> 273@http://spiny.thorns.org/spencer2/pivot-blog/pivot/ default Mon, 13 Oct 2008 07:55:00 -0500 An example of regulation http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=272 http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=272#comm regulate each other. What happens when one of the branches - Congress in this case - shirks or completely abrogates their responsibility to regulate the others? You get an out of control unitary executive. The same idea applies in markets. ]]> 272@http://spiny.thorns.org/spencer2/pivot-blog/pivot/ default Fri, 10 Oct 2008 05:10:00 -0500 Deflation is here and it is now http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=271 http://spiny.thorns.org/spencer2/pivot-blog/pivot/entry.php?id=271#comm Deflation American Style ]]> 271@http://spiny.thorns.org/spencer2/pivot-blog/pivot/ default Thu, 09 Oct 2008 10:32:00 -0500