A services economy

https://www.bea.gov/iTable/iTable.cfm?ReqID=51&step=1#reqid=51&step=51&isuri=1&5114=q&5102=15

Q2 2017 ($B)
1. Private goods - 8282.4
2. Private services - 21481.6

1. Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
2. Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government.

Film chronicles

Watched Lady of the Night (1925) yesterday. Norma Shearer plays two women of different social class who are in love with the same man.

https://youtu.be/q0Yc68OWb0Y (Part 1/6)











"Supersensitized magnet" is probably equivalent to today's "Artificial Intelligence."

Fucking Moron (tm)

"Japan is a warrior nation, and I tell China and I tell everyone else that listens, I mean, you're gonna have yourself a big problem with Japan pretty soon if you allow this to continue with North Korea," Trump said on Fox News.

http://www.straitstimes.com/asia/east-asia/trump-warns-china-warrior-nation-japan-could-take-action-on-north-korea

After the atrocities Japan committed in China and SE Asia during WWII, it's like telling the British that the US is going to help recreate Nazi Germany.

(no subject)

It seems to me that cryptocurrencies are subject to Gresham's Law. We see a whole lot of hoarding and relatively few transactions.

(no subject)

It would be interesting to trace the connection between the proliferation of the web over wifi and transformation of cafes into places of study. University libraries used to have a monopoly on high quality information and were in a position to dictate to students the "no food or drink" rule. Normally, a student would face a trade-off b/w access to information and food/drink (enjoyment). A combination of web over wifi and cafe let her have the best of both worlds. Schematically, we went from a product to a disjoint union.

Related: rules of scarcity vs rules of abundance, esp. in services.

Про черную кошку в темной комнате

Как рассчитать вероятность появления в русскоязычном ЖЖ комментария от квалифицированного юриста или историка, специалиста по конституции США и современной исполнительной/судебной практике в области отношений между исполнительной и судебной властями?

Another reason for Democrats to hate Rupublicans

GOPs tax bill is blatantly partisan. It's designed to redistribute tax money from blue to red states.

http://www.motherjones.com/kevin-drum/2017/11/charts-of-the-day-how-republicans-are-using-the-tax-code-to-screw-blue-states/