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Sunday, March 2, 2014
"Yeah, I drugged Chuckles the Beast, what of it? Just...
"Yeah, I drugged Chuckles the Beast, what of it? Just ‘cause he falls for the ‘Does this rag smell like ether?’ trick doesn’t make me the bad guy. It’s not my fault Chuckles is a sucker."
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allemaaldingen: (via Twitter / NeinQuarterly: Every Sunday...
peerintothepast: Wedding rings from concentration camps,...
Wedding rings from concentration camps, 1945
Nope, nope, nope.
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abandonedliving: sagaston: Somehow I never really paid...
Somehow I never really paid attention to the Union Electric Light and Power building before in the last 12 years that I’ve lived in this city. It’s on the riverfront, just north of the landing. Built in 1902, it was originally a coal fired electricity plant, and is still in use today (converted to oil burning in the ’70s).
I love this building. The photos don’t quite do it justice. It’s a perfect blend of majestic and run down, of antique and modern, beauty and ugliness, industry and decay, and really all the things that I love. It’s pretty great, and obvious inspiration for Clockworks.
[All images from Flickr, with rights to their respective photographers. X ]
not abandoned, but full of history mystery
Not abandoned but awesome! The Steam Plant.
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"Ayn Rand underwent surgery for lung cancer in 1974 after decades of heavy smoking. In 1976, she..."
[…]
Rand died of heart failure on March 6, 1982. Rand’s funeral was attended by some of her prominent followers, including Alan Greenspan. A six-foot floral arrangement in the shape of a dollar sign was placed near her casket.”
- Ayn Rand - Wikipedia, the free encyclopedia
you cant make this shit up (via 3liza)
She was so fucking awful.
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Saturday, March 1, 2014
historicaltimes: Russian troops in Crimea, Feb-Mar...
Russian troops in Crimea, Feb-Mar 2014
Uhhhhhhhhhhhhhh
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"The Pacman Conjecture holds that durable goods monopolists have complete market power and so can..."
The Pacman Conjecture holds that durable goods monopolists have complete market power and so can exercise perfect price discrimination, thus extracting the total surplus. This is in contrast to the Coase Conjecture which holds that a durable goods monopolist has no market power, and so price is equal to the competitive market price.
In a December 1989 journal article Mark Bagnoli, Stephen W. Salant, and Joseph E. Swierzbinski theorized that if each consumer could be relied upon to buy a good as soon as its price dipped below a certain point (with different consumers valuing goods differently, but all pursuing the same “get-it-while-you-can” strategy), then a monopolist could set prices very high initially and then “eat his way down the demand curve,” extracting maximum profit in what Bagnoli et al. called “the Pacman strategy” after the voracious video-game character. Specifically, Bagnoli et al. state that “Pacman is a sequential best reply to get-it-while-you-can,” a result they call “the Pacman Theorem”. Their proof, however, relies strongly on the assumption that there is an infinite time horizon.
”
- Pacman conjecture - Wikipedia, the free encyclopedia (via michaelikesit)
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