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richrica liked a video
(2 weeks ago)
***Chers amis ! Le jeu du lien caché est fini. Je contacte par mail les ...
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***Chers amis ! Le jeu du lien caché est fini. Je contacte par mail les gagnants. Merci à tous d'avoir participé. A dans quelques jours pour ma prochaine vidéo.***Dear Friends! The hidden link game is over. I will email winners within the week. Thank you for your involvement.***
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The building of the Eiffel Tower started on January, 28th 1887. Let's celebrate this anniversary with a tribute to an 8bit game we all know and love. Enjoy the show ! - Faireset - Huge thanx to Brice Duan who co-directed this vid'.
La construction de la Tour Eiffel débuta le 28 janvier 1887. A l'occasion de cet anniversaire, j'ai réalisé cette vidéo, dans laquelle je rends hommage à un jeu que nous connaissons et adorons tous. Bon visionnage ! - Faireset - Mille mercis à Brice Duan qui a co-réalisé cette video.
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richrica favorited a video
(1 month ago)
http://www.ted.com What does a bill like PIPA/SOPA mean to our shareable...
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http://www.ted.com What does a bill like PIPA/SOPA mean to our shareable world? At the TED offices, Clay Shirky delivers a proper manifesto -- a call to defend our freedom to create, discuss, link and share, rather than passively consume.
TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes. Featured speakers have included Al Gore on climate change, Philippe Starck on design, Jill Bolte Taylor on observing her own stroke, Nicholas Negroponte on One Laptop per Child, Jane Goodall on chimpanzees, Bill Gates on malaria and mosquitoes, Pattie Maes on the "Sixth Sense" wearable tech, and "Lost" producer JJ Abrams on the allure of mystery. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at http://www.ted.co...
If you have questions or comments about this or other TED videos, please go to http://support.te...
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richrica liked a video
(1 month ago)
http://www.ted.com What does a bill like PIPA/SOPA mean to our shareable...
more
http://www.ted.com What does a bill like PIPA/SOPA mean to our shareable world? At the TED offices, Clay Shirky delivers a proper manifesto -- a call to defend our freedom to create, discuss, link and share, rather than passively consume.
TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes. Featured speakers have included Al Gore on climate change, Philippe Starck on design, Jill Bolte Taylor on observing her own stroke, Nicholas Negroponte on One Laptop per Child, Jane Goodall on chimpanzees, Bill Gates on malaria and mosquitoes, Pattie Maes on the "Sixth Sense" wearable tech, and "Lost" producer JJ Abrams on the allure of mystery. TED stands for Technology, Entertainment, Design, and TEDTalks cover these topics as well as science, business, development and the arts. Closed captions and translated subtitles in a variety of languages are now available on TED.com, at http://www.ted.co...
If you have questions or comments about this or other TED videos, please go to http://support.te...
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richrica subscribed to stefbot
(1 month ago)
http://www.lpgeor...
Steps to Determine Market Failure...
Market failure i...
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http://www.lpgeor...
Steps to Determine Market Failure...
Market failure is generally defined as the inability of a free market to provide necessary and demanded goods and services, usually due to difficulties in the pricing model. Everyone benefits from roads, everyone wants street lights, but how do we pay for them? The classic example is a lighthouse -- all sailors and their passengers want to be warned of rocks, but who pays for the service?
Market failure is related to the "problem of the commons," or the tendency of farmers to let their livestock overgraze commonly-owned fields. The proposed solution to the problem of the commons -- a problem of collective non-ownership and a lack of moral hazard -- is almost always the State. This is a truly bizarre non-answer -- if the problem is collective non-ownership and a lack of moral hazard, how can the State, which is the very definition of collective non-ownership and a lack of moral hazard, conceivably solve these problems? Pretending to solve problematic grazing by creating a monstrous agency of social violence with the ability to wage war, print money and run up national debts is like curing a hangnail with a nuclear bomb.
There are a number of conditions that need to be met to quality a problem as a market failure. First of all, the demand needs to be strong enough to potentially divert scarce resources into solving the problem. If only one person has a specific ailment, entrepreneurs will be unlikely to search for a cure, since the demand is so low.
If the demand is strong enough, but the solution is impossible, this cannot be called market failure. We would all love to fly unaided, like Superman, but the laws of physics sadly preclude this. The lack of a magical flying suit cannot be called market failure.
If an activity is banned by the State, this also cannot be called market failure. The market has not failed to serve cocaine users in friendly local shops, this solution is just prohibited.
If an activity would not exist in the absence of the State -- or would be so changed as to be almost unrecognizable -- it cannot be called market failure if voluntarism fails to provide it. There would be no war on drugs in a voluntary society, so it cannot be called "market failure" if free people refuse to lock each other up for personal and peaceful activities. In the same way, it cannot be called "market failure" if a truly free market school does not give teachers a few months off in the summer to help with long-gone farming activities.
Roads were taken over by governments -- they were formerly provided by private companies. The same is true of health care, welfare, education, you name it. It cannot be called "market failure" if an activity formerly provided by the free market was taken over by the State.
So -- to qualify as market failure, the following conditions must be met:
1. There must be sufficient demand to drive resource allocation.
2. The price must be something people are willing and able to pay.
3. The solution must be physically possible.
4. The solution cannot be banned by the State.
5. The solution cannot currently be enforced or protected by the State.
6. The solution can never have been provided by the free market.
7. It has to be an important good or service.
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richrica favorited a video
(1 month ago)
Mj's impersonator from England: goood voice, good moves, niiiccceeee &...
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Mj's impersonator from England: goood voice, good moves, niiiccceeee & honest smile!!
Alexander, I loved your show! We wait for you again in Bucharest!!
we've danced & sang together with you!!
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peace ~ paul
peace and prosperity ~ paul
;-)
Some fine music here, have a great week!