Tuesday, July 13, 2010

Freefall-2

While trying to understand all the economic variables mentioned in Stiglitz's Freefall, it occurred to me to try to draw a causal diagram, like the one below.  Problem is that I don't know enough to do so.  Maybe posting it here will bring in some useful suggestions.

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One of the great advantages of living in the US is access to well-stocked and updated libraries. Wish I could have commented but can't afford to buy books anymore and have essentially stopped reading anything but blogs in this new country that I live in.
Yes. Libraries are a public good. Try telling that to a libertarian, though! :)

Hope where you're living has other compensations!
As Atanu Dey would put it: "You are a 3rd world country if you don't have good libraries in your major cities."

Also, you'll probably like parts of this blog:
http://www.scottkelby.com/blog/2010/archives/1113...

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