17. Finally, bitch about everything: critics, certain players who personally disappoint you, etc. They call it New England for a reason. People in England love to fucking complain. You are the newer, even more annoying model.

17. Finally, bitch about everything: critics, certain players who personally disappoint you, etc. They call it New England for a reason. People in England love to fucking complain. You are the newer, even more annoying model.
So basically, the Nobel for Economics went to a bunch of guys who actually admit that markets don't always come up with the best possible answer and then explain WHY.A key insight of mechanism design theory is that real-world economic transactions differ from an abstract "market" where a price falls from heaven and trade happens. When engaging in trade in the real world, economic actors (buyers and sellers), must abide by certain rules and/or norms (e.g. Is it ok to negotiate? Can you make more than one counter offer?). Mechanism design shows that the economic outcomes, including market efficiency, can be dependent upon those rules.
Thus all "free-markets" are not equal. In fact a marketplace does not exist independently from its rules and norms -- they one and the same. Saying that "the market works" to allocate resources depends on the specific market design and conditions. Thus (and contrary to much conservative rhetoric) economic theory -- of which mechanism design is a part -- does not say that markets always achieve an efficient outcome. Mechanism design can help us better understand when markets do perform well. And when markets no not reach an efficient outcome, mechanism design theory can suggest mechanisms that might work better.
The fact that people have an incentive to not reveal their true preferences has obvious important consequences for public policy. If people are asked if they want a new highway built, they might rightly worry that they will be asked to pick up some of the expense, and so might not fully reveal their true preference, opting instead to try to game the system as a free-rider. Economic research building from the Nobel winners’ work analyzed ways to get around this -- to provide a mechanism by which people would volunteer their true valuation of the highway, and thus better evaluate the merits of a project that would benefit an entire community. (The key of this particular mechanism is to link an individual’s valuation response to the decision to build or not, but to de-link the exact mount they would pay).
This brings us to global warming and cap-and-trade policy. If we -- and by "we" I mean the entire planet -- ever take global warming seriously, we will have to adopt some mechanism for reducing carbon emissions. A real program will require nations to implement some form of regulation and/or market mechanism to reduce carbon. But what kind of mechanism? How do we design a program that reduces carbon across nations? Some nations will be harmed significantly by global warming, while others will be better able to adapt, but in a negotiation, countries will have incentives to hide their true valuations, just like in the used car example above. Can we design a mechanism that is more likely to get nations to commit to reducing global greenhouse gases?
Words fail me. Utterly. I had had a low opinion of the Deciderator before, but I figured outside of ordering an airstrike on Iran, the amount of additional damage he could do to the executive branch's various departments was kinda limited (mainly owing to having done all the damage possible already).The Bush administration again has appointed a chief of family
planning programs at the Department of Health and Human
Services who has been critical of contraception.
In a 2001 article in The Washington Post, [appointee] Orr applauded a Bush proposal to stop requiring all health insurance plans for federal employees to cover a broadSo what, exactly, is the Office of Family Planning going to do under this winger? Recommend paint colors to expectant parents? Offer advice on how to work that eighth baby into a busy work schedule?
range of birth control. "We're quite pleased, because fertility is not a disease," said Orr, then an official with the Family Research Council.