a few links

[spoonless]

Is the Efficient Market Hypothesis equivalent to P=NP? Bizarre (and probably wrong) but intriguing idea:
http://arxiv1.library.cornell.edu/abs/1002.2284

Nice visual representation of 2011 budget breakdown:
http://www.nytimes.com/interactive/2010/02/01/us/budget.html

The Dalai Lama on Technological Change:
http://www.youtube.com/watch?v=_CgZ2qkRSpo

I have a ticket to see the Dalai Lama speak in person 2 months from now in Indiana. I'm looking forward to hearing what he has to say. In the above link, he sounds a lot like a transhumanist when he says he thinks one day humans should be improved by becoming part machine and "that would be good". Out of context I can't tell what exactly he means by that. But it's an interesting comment.

Comments

[firmament.livejournal.com]

Yeah, I saw some early chapters of this when he was posting it on Crooked Timber. In general, I wish I had a better grasp of econ.

[spoonless.livejournal.com]

me too

I did several interviews with Goldman Sachs and other financial firms last year, which gave me a good excuse to learn about some of this stuff, like the Capital Asset Pricing Model. But there is still a lot of the picture missing that I don't understand. Then again, I get that impression that economics is just one of those subjects that still nobody really understands.