My avatar across the web: a photo of my feet in grey-white socks and brown sandals.

Ben Babcock

I read, write, code, and knit.

4 Articles Tagged with “economy”

  1. I take it back

    Once upon a time, I expressed a desire to live in Iceland. Unfortunately, these tough economic times have been even tougher on Iceland, what with the government collapsing and all.

    Our government came close to dissolving. It looks like that won't happen, however, now that the Liberal party has a new leader who's decided he'll support the Conservative budget. Many people are upset with this about-face by Michael Ignatieff.((Especially Jack Layton: "Blast! My evil plans foiled again! Nyaaah!")) Since I don't understand economics and don't know how to manage money, the best I can do is shrug and hope that our government isn't planning to do anything silly.((Read: We are. So screwed.))

    Meanwhile, I plan to switch back to the barter system. Think about how much the barter system benefits from the digital world! I don't have to trade chickens; I can just trade electrons with you. It is, by definition, electronic currency. If you prefer a rarer commodity as a currency, you may also trade positrons. Be careful with those, however, as they are liable to annihilate electrons--so I'd keep my bank accounts separate, if I were you.

    Now that we are indubitably living in the End Times,…

    Read more…

  2. Our pointy-haired economy

    Scott Adams, the creator of Dilbert, recently released the results of a survey of economists that he commissioned. You can read the results yourself; those of you who are economically-inclined may want to view the available slideshow (lots of tasty graphs and percentages). Adams has also posted his opinion on the results of the survey.

    I've been reading Scott Adams' blog since its inception on TypePad. I enjoy his wit and his unique perspective on both mainstream and esoteric issues. Much of what he says is designed to get a rise out of people and provoke them into calling him a stupid lemon-eater. Some of his favourite subjects include intelligent design, the workplace, environmentalism, and of course, politics and the economy. I was not surprised to hear that he had commissioned a survey; it's just the sort of thing he would do.

    So how about those results? Lots of Democrat econimists--it must be biased? Well, I love math, but statistics are not my favourite type of math. I'm in the camp of people who thinks the survey is an inconclusive indicator of which candidate would be best. I doubt that either of the candidates truly has a…

    Read more…

  3. Green is the new black

    What's with this sudden obsession about going green?

    I'm not talking about environmentalism either. I'm talking about the new trend to infuse green tea into every possible drink. The Lipton green iced tea I understand (and enjoy). But Canada Dry green tea ginger ale?! Quoi? :huh: And all those specialty brands, like that Arizona chilled green tea (which I think tastes horrible)... it just seems like someone's been planning this, as if there is some sort of invisible hand in the market determining the latest fads. :r

    I know green tea is cool--after all, I drink it. It contains antioxidants and whatnot, so even if it isn't a panacea like some claim, it is good for you. Yet now that it's the trendy new drink, the contrarian part of me can't help but feel bad for drinking green tea. I feel like I'm part of the bandwagon. No wait, that's not accurate. I feel like I was napping comfortably in the wagon until one day, when it was stolen from its parking spot, kidnapping me in the process.

  4. Visa: Communists, terrorists, or both?

    The Visa credit card company is always trying to give us free stuff. Think about it: "win what you buy"? That grocery contest? We all know that there ain't no such thing as a free lunch. The glorious capitalist system was founded on such a principle. So if Visa is giving away things for free, then they are violating the very foundation of free-market economy.

    Is Visa in league with the terrorists? It wouldn't surprise me: working away at our morals from the inside. It's of course the only logical conclusion. :yes:

    You might argue that Visa only uses these contests as promotional ventures to encourage spending through the Visa credit card. Quite frankly I think such detractors from my logical argument simply harbour sympathies for Visa and other communist conspirators!

    I'm glad I've exposed this plot to shake the very pillars of prosperity before it went too far. :arr: