May
7
Despite the apparent danger that this blog is slowly degrading into a "lonely island in the pacific"-blog, here is yet another story. I have to cite Russell Roberts on econtalk, where I first heard the following story, which I find quite interesting (I think I remember him mentioning it was on one of his exams while at U Chicago):
Here we are again, back on our decent island in the sun. It is completely isolated from the rest of the world. Imagine one day there arrives a visitor.