Football season is best season.

First

Last?

Thinking of going as sexy Harambe for Halloween. Too soon?

Way to soon imo. I'd wait till at least October.

A Trolly sets it up and another Trolly crushes it out of the park.

I bought some Halloween candy early this year bc it was on sale and I just wound up eating it so now I gotta buy more. My plan did not work.

My nan would have called that a false economy.

Perhaps it's time to open up this forum to normative arguments without positive foundations?

Economics nobel prize was awarded yesterday to 2 guys for their work on contract theory.

http://www.bloomberg.com/news/articl...e-in-economics

Pretty important stuff as information asymmetry is more and more important. Basically, they saw that in a lot of contracts, people don't have the same informations and have divergent interest. So one people is tempted to **** the other one over. Hart and Holmstrom try to make it so that the contract remains a win win situation for everyone.

Most know examples where the contract is at the center:

Free rider situations (global warming issue or just a group of student where a slacker can get in on the grade)

Best way to remunerate someone (Uber vs drivers where Uber wants low rate to win market share)

Health insurance (I know I'm healthy, the insurance doesn't. The insurance is going to quote me an average price knowing that some % of people lie, me being healthy decide it's unfair and so all that's left is unhealthy people . AKA lemon problem)

Anyway, congrats to them. Much deserved

Are we allowed to make political posts here or should we make a separate thread itf?

Do you plan on making a positive or a normative political post?

I just wanted to make fun of Chris Christie for bring fat. Dude's a porker.

Are we not doing an October LC thread?

The support is overwhelming. I don't see how we can't.