Nov. 8th, 2016

timelets: (Default)
Back to the market diagram, it would be interesting to build an OLOG that shows that amazon.com is better than a regular market (low information costs) and why it works this way.

Also, I wonder how we can build counterfactual OLOGs/categories.
timelets: (Default)
On the one hand, you want to live by the sea and take advantage of commerce opportunities. On the other hand, you don't want to live by the sea because of piracy:
With respect to their towns, later on, at an era of increased facilities of navigation and a greater supply of capital, we find the shores becoming the site of walled towns, and the isthmuses being occupied for the purposes of commerce and defence against a neighbour. But the old towns, on account of the great prevalence of piracy, were built away from the sea, whether on the islands or the continent, and still remain in their old sites. For the pirates used to plunder one another, and indeed all coast populations, whether seafaring or not.
...
Planted on an isthmus, Corinth had from time out of mind been a commercial emporium; as formerly almost all communication between the Hellenes within and without Peloponnese was carried on overland, and the Corinthian territory was the highway through which it travelled.

-- Thucydides. The History of the Peloponnesian War.


need to diagram the dilemma and its solution.
also see https://en.wikipedia.org/wiki/Piraeus#Ancient_and_medieval_times
timelets: (Default)
There are many other unfounded ideas current among the rest of the Hellenes, even on matters of contemporary history, which have not been obscured by time.
...
So little pains do the vulgar take in the investigation of truth, accepting readily the first story that comes to hand.

Thucydides. The History of the Peloponnesian War. 431 BCE.
timelets: (Default)
Wow, Trump is killing it.
timelets: (Default)
The markets are falling, predicting a recession. As they say, "May you live in interesting times."
upd:
Screen Shot 2016-11-08 at 10.31.39 PM

Profile

timelets: (Default)
timelets

December 2025

S M T W T F S
  12 3456
78910111213
14 151617 18 19 20
21 222324252627
28293031   

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Dec. 28th, 2025 08:45 pm
Powered by Dreamwidth Studios