"System change is now inevitable. Either because we do something about it, or because we will be hit by climate change. '...

"We need to develop economic models that are fit for purpose. The current economic frameworks, the ones that dominate our governments, these frameworks... the current economic frameworks, the neoclassical, the market frameworks, can deal with small changes. It can tell you the difference, if a sock company puts up the price of socks, what the demand for socks will be. It cannot tell you about the sorts of system level changes we are talking about here. We would not use an understanding of laminar flow in fluid dynamics to understand turbulent flow. So why is it we are using marginal economics, small incremental change economics, to understand system level changes?"

Friday, March 11, 2011

Texas Branding

Texas Branding (*)

Making Doom Look Cool.



(*) Who do you think came up with the idea of branding in the first place, honey?

3 comments:

dhogaza said...

Livestock branding came with the Spanish, and vacquero style of branding pre-dates the US, much less the Lone Star Republic, not to mention the bastardized spelling "buckeroo" :)

David B. Benson said...

Posting this for its warning sign [not applicable in Texas, mostly]:
http://www.huffingtonpost.com/2011/03/11/tsunami-relief-gop-budget-cuts_n_834479.html

Michael Tobis said...

Is that what a buckeroo is? I'll be damned.

Yes of course the brandin arn got picked up from the vaqueros, but the concept of brandin everthang in sight is Tixen as borby que briskit.

As you kin plinely see firm ar mergincy vee hickles.