Transterrestrial Musings




Defend Free Speech!


Amazon Honor System Click Here to Pay




Site designed by


Powered by
Movable Type 4.0
Biting Commentary about Infinity, and Beyond!

« "Cry Me A River, Mr. Wright" | Main | Modern Socialist Realism »

And Now For Something Completely Different

A paper on interstellar trade, three decades old. By Paul Krugman, back before he went nuts.

[Via occasional commenter Jane Bernstein]

 
 

0 TrackBacks

Listed below are links to blogs that reference this entry: And Now For Something Completely Different.

TrackBack URL for this entry: http://www.transterrestrial.com/admin/mt-tb.cgi/9236

4 Comments

Jon wrote:

I'm not all the way through it yet, but I really like:

These complications make the theory of interstellar trade appear at first quite alien to our usual trade models; presumably it seems equally human to alien trade theorists.

As a space and economics geek, that's classic.

Jon wrote:

Actually, I'm curious 1) if this is true, because I haven't the foggiest idea if this is just a joke and 2) whether, if interest rates are calculated according to the common reference frame of the destination and origin and not the travelling craft, whether that biases trade is some fashion due to asset depreciation obviously being calculated according to the travelling reference frame, which is shorter.

brian d wrote:

Hmmmm, and you say this was before he went nuts?

narciso wrote:

First of all, it would unlikely that Earth would be sending any ships to Trantor, It's a backwater
world not unlike Tatooine in the era of the first
Galactic Empire. Second, of all, did he factor the
cost of fuel (H#, anti-matter) into the trade goods. Third, of all, this is what passes for academic scholarship

Leave a comment

Note: The comment system is functional, but timing out when returning a response page. If you have submitted a comment, DON'T RESUBMIT IT IF/WHEN IT HANGS UP AND GIVES YOU A "500" PAGE. Simply click your browser "Back" button to the post page, and then refresh to see your comment.
 

About this Entry

This page contains a single entry by Rand Simberg published on March 14, 2008 8:58 AM.

"Cry Me A River, Mr. Wright" was the previous entry in this blog.

Modern Socialist Realism is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Powered by Movable Type 4.1