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There's a fair bit of debate about what is the level of true currency supply. With a fractional reserve banking system supported by a central bank, physical notes are generally regarded as only a small component of the total money supply and need to add in "money substitutes" - that is things...

Instead of the absolute number of properties to rent/buy, what are the rates as a percentage of stock of properties/rentals? In suburbs where there has been a large growth in dwelling numbers (i.e. Zetland, Parramatta, Epping) you should automatically expect to see an increase in the absolute...

Yes. I'm keen to find out the highest serial numbers of each bar type.

Have started reposting a bunch on the first page including a few 250g bars

^ At some stage I'll reupload all of the pics (they seem to have all gotten lost in the forum change a couple of years ago).

Interestingly that is the first silver bar example that has used 99.98 rather than a 999.x.

https://fee.org/articles/robots-are-coming-for-our-jobs-thank-goodness/

Don't know what I think about this, but potentially relevant for this thread

As I was curious about this, I looked it up. It's from an ad for heart medicine.

New Silk road = marketing and propaganda driven by non-economic reasons. It'll never live up to the hype.

Quite easily. First,in our current 2nd-best world, the majority of what I do is still useful even if it is only to tick some box in a bureaucrats form. There are many, many people who would do a far worse job of ticking that box, hence I should do it and try to move people toward eliminating...

I've spent the past few minutes rereading the Free will thread. It's got some brilliant material in it. I'd support moving this tangent to there (but only after reading what's already there).

I said purposeful. Technically, even guppies are conscious in that they are aware of their surroundings and respond to them and technically their brain also undertakes a process by which an action is purposely undertaken. Hence, Yes, I guess you could say that they are capable of "volitional...

...and in reality, the biggest benefit of economics is understanding the fact of opportunity cost and that incentives matter. Engineers/scientists/etc who do pseudo-economics tend to ignore these things and believe that they can design the economy like they can design a factory.

All animals act purposefully. Humans just have a significantly greater ability to undertake complex thinking with long term planning. RE Free will. I'm with Hawkeye (and probably yourself) where it is primarily an illusion (albeit a pleasant illusion). Edit: Link to the free will thread from a...

As a professional economist, I dream for the day when our current institutions are reformed in such a way that the majority of my job is made redundant. A lot of the stuff I do adds value in a second best world but is completely meaningless in a first best world.

On a side note: