01.29.11 (1)

posted Jan 29, 2011, 2:45 PM by Franklin Shaddy   [ updated Jan 30, 2011, 9:43 AM ]
  1. Scott Adams, on how to solve our fiscal problems: "You could imagine a host of ways the government could trade time for money. Suppose all government agencies had a mandate to handle the affairs of the rich before everyone else. You wouldn't even notice that your wait at the Department of Motor Vehicles was 2% longer. As a bonus, what happens to the economy when the people who are most skilled at making money suddenly have extra time? My bet is that they stimulate the economy by spending more or by earning more." 
  2. Jeff Ely, on President Hosni Mubarak's suppression strategy: "The other reason is that this signal is public.  Everyone knows that everyone knows … that the internet has shut down.  Instead of relying on the noisy private signal that you get from talking to your friends, now you know that everybody is seeing exactly the same thing and are emboldened in exactly the same way."