Category Archives: Random
How Economics Saved Christmas
In dedication to the fact that I still haven’t seen my ECON101 mark (don’t know if this is a good thing or not) and, of course, Christmas. Happy Holidays!

By Art Carden
Every Who down in Whoville liked Christmas a lot.
But the Grinch, who lived just north of Whoville, DID NOT.
He stood and he hated the Whos and their noise
He hated the shrieks of the Who girls and boys
For fifty-three years he’d put up with it now—
He had to stop Christmas from coming, somehow.
He asked and he questioned the whole thing’s legality
Then his eyes brightened: he screamed “externality!”
He reached for his textbooks; he knew what to do
He’d fight them with ideas from A.C. Pigou
This idea has merit, he thought in the frost
A tax that was equal to external cost
At the margin, would give all the Who girls and boys
An incentive to stop all their screaming and noise
Failing that, an injunction to make them all cease
And they’d have to pay him to have their Roast Beast.
Low costs of transacting meant that if the Whos
Were the high-value users and wanted to use
All the rights to have feasts and the rights to sing songs
Then they’d have to buy them, to right their Who wrongs
They’d buy a noise easement, if they wished to sing
Until then, the Grinch could stop the whole thing.
On Christmas Eve Night, the Grinch went to town
He stole all the presents, he took their wreaths down
He stole their Who Hash, everything for their feast!
He swiped their Who Pudding! He swiped their Roast Beast!
He looked at his sled loaded up with Who snacks
‘Twas quite an efficient Pigovian tax!
Then late in the night, when he got to Mount Crumpit
For he’d taken the load, and he threatened to dump it
The Whos, with one voice crying out in the night
Screamed “bring back our stuff! You haven’t the right!
“We know that we’re noisy all through Christmas Day,
But if you don’t like it, it’s you who should pay!
“For we were here first, and homesteaded the rights
To sing, to make noise, and to hang Christmas lights
“The costs of our Christmas joy helped you to save!
They were fully reflected in the price of your cave!”
“We’ll all be good neighbors, and we’ll be polite
“But you’ve done us wrong on this Christmas Eve Night!”
The Grinch was crestfallen, he knew he had lost
For he was the source of the “external” cost
He’d come to the nuisance, and yes, he was wrong
He’d now have to live with their noise and their songs
He realized that day, though, that they could be friends
His heart grew three sizes (you know how this ends)
The Whos asked the Grinch to join them in their feast
And he—he, the Grinch—carved the Roast Beast.
The holiday season brings specials galore
They teach us that Christmas can’t come from a store
Reflect, as you watch them, as day turns to night
On good economics, and property rights.
I Don’t Have PSD
But I wish I did though…
“Photoshop dexterity (PSD) is a skillset acquired by proficient users of Adobe Photoshop, the world’s most ubiquitous digital tool for creating visual ideas. Qualities of PSD include supernatural powers of imagination and an overwhelming desire to constantly make the world more beautiful. PSD affects people from different walks of life. In fact, there is a high probability that you have PSD.”
– Hyperakt
10,000 Blog Views
Currently: studying for midterms. AKA: giving my life to school and being socially isolating.
What this blog tells you:
- I look at my blog stats.
- Some people find my blog interesting.
- I’m taking a break from studying, better known as procrastinating.
Freedom is Friday.
Seven Keys to the Internet
The basic idea is that in the event of an Internet catastrophe, the DNSSEC (domain name system security) could be damaged or compromised and we’d be left without a way to verify if a URL is pointing to the correct website. That’s when the holders of these smart cards would be called into action:
A minimum of five of the seven keyholders – one each from Britain, the U.S., Burkina Faso, Trinidad and Tobago, Canada, China, and the Czech Republic – would have to converge at a U.S. base with their keys to restart the system and connect everything once again.
A minimum of five people is needed because each of the smart cards contains only a fraction of the recovery key necessary to set things right again. This means that no single person will hold all the power to resetting our little cyber world.
Seven key to rule them all. Sounds like Internet Dragonballs to me.
Full article here.
World Cup 2010 in Pictures and Video
To be honest: I’m not that interested in soccer.
While the rest of the world, it seems, watch their TV for an hour waiting for a single goal, I chose to watch tennis where points on “scored” every few seconds. But once in a while, like the World Cup or the Olympics, I join the very people I have arguments about whose sports are better and enjoy the (friendly) competition. The 2010 FIFA World Cup was no different, and I enjoyed the month of watching it with my friends while eating a load of snacks and yelling at the TV.
The following are pictures and YouTube videos that sums up the funny moments of the World Cup. World Cup 2014 (if we survive 2012) isn’t that far away. Let’s hope Paul is still around for another round of predictions.
Pictures
What CAN’T you make with Lego?
I loved to play Lego when I was little. Building cities and flying your spaceship, it was a lot of fun. I even have a space shuttle on a table facing the front door of my house. Just to remind me of the good old days.
But cities with buildings is child’s play. Really. Lego has evolved beyond 6-by-2 bricks, creating even more possibilities. Here are some of the works of Lego Wiz-kids.
So what can’t you make with Lego:
A router?
Nope.
Ipod Dock?
Nope.
Recharger and key rack?
Nope.
Sniper Riffle?
Nope.
Recreation of the 1-1 draw between England and the U.S. at the 2010 FIFA World Cup?
And the 4-0 match between Germany and Australia?
Nope.
And my favourite: Lego Bugatti Veyron.
Too much time on their hands or just awesomeness? I’m going to go with awesomeness.








