Europe

This LA Times story about the Boeing 787 Dreamliner (so called because it’s still a dream – let’s get the last drop from that joke before it goes into service) and the role of outsourcing is fascinating. It is partly built on a paper by a senior Boeing engineer which makes among other things, this…

Read More 787: the plane Milton Friedman built, and about as well as you’d expect

This LA Times story about the Boeing 787 Dreamliner (so called because it’s still a dream – let’s get the last drop from that joke before it goes into service) and the role of outsourcing is fascinating. It is partly built on a paper by a senior Boeing engineer which makes among other things, this…

Read More 787: the plane Milton Friedman built, and about as well as you’d expect

Back in September, 2006, we were talking illegal immigrants and artisanal shipbuilding in West Africa, over at the Fistful. one of the curious economic details you could notice was how the process was in fact exhibiting an increasing returns type feature, in that the increased demand for boats increasingly meant that a number of would-be…

Read More a question

What’s wrong with PROFIT?! Death to all Marxists! Hey, I usually try to remain calm, but this is getting unnerving. Everyone with any sense knew there would be an epic wingnut freakout after the US elections – the structural forces made it inevitable, after all the time spent denying plate tectonics – but who imagined…

Read More …from the sea