Now that the wife is in economist school, the magazine The Economist is hanging around. Actually, has been for years. When an architect is starved for English language...anything, well, The Economist always there. Of course I skip right over the sections on Parliamentary politics but I've grown to appreciate the magazine's wry wit in general. Example, from p. 94 of the latest issue, in an article regarding the recent Nobel Prize winners:
Mr. Maskin's breakthrough was "implementation theory", which clarifies when mechanisms can be designed that only produce equilibria that atare incentive efficient. He has also given his name to a statistical condition called "Maskin monotonicity", which might not be the sort of thing to mention at parties.
Sunday, October 28, 2007
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