He regarded his peak oil calculation as independent of reserve estimates. Many of the so-called reserves are in fact resources. They're not delineated, they're not accessible, they're not available for production. In many major producing countries, the majority of reserves claims have not been subject to outside audit or examination.
Mar 24 at 8: In my opinion Credit Rating Agencies, which is an entirely different subject to the point I was making, should not be bought by the companies creating the Securities.
As it is, they were are large part of the problem owing to collaboration with private Financial firms. Russ Roberts Mar 24 at When Bush Nationalization thesis that strategy the few times he spoke publicly about it he said something about sacrificing his principles to save the free market.
Rey Mar 24 at First, at about 31 minutes into the discussion, the summaries of the arguments for and against nationalization and bail out brought out a great point. There are too many dissimilarities.
This one, in particular, falls apart quickly because public policy has favored treating heroin addicts with heroin since the 60s I believe. Public policy does, in effect, treat heroin addicts with heroin, in principle in the form of methadone maintenance.
I am begining graduate studies in financial economics, so I do not have much knowledge of financial markets. Based on my experience though, providing methadone to a heroin addict can be considered an iatrogenic malady.
Thanks for the definition, Hanson. In other words, the cure can be worse than the disease. My descriptions of how this occurs go beyond the scope of my comment. He is looking at the literature on how our knowledge of treating illness can come as an accident.
The benefits of methadone maintenance, an alternative therapy for heroin addiction, were tertiary or latent functions of methadone therapy. It was originally designed to replace the shortage of morphine in WWII. As someone who was addicted to heroin and later treated with methadone, I doubt that I would be drug-free including methadone today without compelling arguments set forth by religious doctrines that emphasized the hopelessness of living the rest of my days taking methadone, as that is the purpose of methadone maintenance: An afterthought to our knowledge of how to cure a disease.
Take a look at the history of Viagra.
Not designed for ED; that was an accident. Keep up the good work EconTalk; informed dialogue is great. All the best to Taleb in his continued research. Karel Mar 24 at History is not a very reliable guide for the future and the information content of time series data is in most cases anecdotic.
Regulations and risk management methods using such flawed measures created perverted incentives which lead to this crisis. Most risk measures are designed to deal with exogenous shocks, not for risks coming from inside the system. However, I cannot understand the conclusions Mr.Proposes a new conceptualization to the nationalization thesis.
Employs spatial autocorrelation and GWR to advance research on the measurement methods of territorial nationalization. Identifies the place-specific character of nationalist support base along with the areas of weak nationalist affiliations.
Jomo Kenyatta: Jomo Kenyatta, African statesman and nationalist, the first prime minister (–64) and then the first president (–78) of independent Kenya. Kenyatta was born as Kamau, son of Ngengi, at Ichaweri, southwest of Mount Kenya in the East African highlands.
His . The Tudeh Party of Iran (Persian: حزب تودۀ ایران , translit.
Ḥezb-e Tūde-ye Īrān, lit. 'Party of the Masses of Iran') is an Iranian communist initiativeblog.com in , with Soleiman Mohsen Eskandari as its head, it had considerable influence in its early years and played an important role during Mohammad Mosaddegh's campaign to nationalize the Anglo-Persian Oil Company and his.
Sociology Index Editor:[email protected] Guide: Prof Son-Ung Kim.. Sociology is the science whose object is to interpret the meaning of social action according to Max Weber.
Sociology gives a causal explanation of the way in which the action proceeds and the effects which it produces. Nassim Taleb talks about the financial crisis, how we misunderstand rare events, the fragility of the banking system, the moral hazard of government bailouts, the unprecedented nature of really, really bad events, the contribution of human psychology to misinterpreting probability and the dangers of hubris.
The conversation closes with a discussion of religion and probability. the relationship between human resource practices and employee retention in public organisations: an exploratory study conducted in the united arab emirates.