A pretty weird infographic film about Japan.
Japan-The Strange Country (English ver.) from Kenichi on Vimeo.
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Category: Economics
Ever wondered what $1bn could buy you? Well actually this won’t be of much use to you – if, however, you wanted to know what 10, 20, 50, 100 or 3000 billion dollars could buy you then it might come in handy.
If these figures are accurate it’s slightly scary to think that one man has the money to save the Amazon twice over, and that the internet porn industry generates enough revenue to feed and educate every child on Earth.
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Trillion is the new Billion
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206 Years vs 12 Months
In one short year the bailouts managed to spend far in excess of nearly every major one-time expenditure of the USA, including WW2, the moon shot, the New Deal, Iraq, Viet Nam and Korean wars — COMBINED
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Batonomics
Batman Villains and Cooperation: A Utility Analysis
First, we have to make certain assumptions. Specifically, we need to assign probabilities of capturing Batman and figure out how much these probabilities increase due to the addition of a new cooperating villain. We also need to assign utility values for the Joker for each scenario. Let’s start with utilities.
For not killing Batman, we can obviously assign the Joker a utility of 0.
For capturing Batman on his own, let’s assign the Joker a utility of 10.
For capturing Batman with the help of x other villains, the utility would be 10/xThe last one is sort of tricky. This means that if the Joker cooperates with one other villain (say Two-Face) and together they manage to kill Batman, then the utility for each would be 5. In effect, this means that the villains “split” the utility of 10.
University Economics would’ve been waaaay more fun if we’d been using Batman.
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The Personal Fudge Factor
Another talk from TED – this one’s making sense of our morals, specifically cheating and stealing and the factors affect how likely we are to cheat (the fudge factor of the title).
The conclusion about intuition and the difficulty in believing that your own intuition might be wrong is something that definitely rings true for me (as I’m sure Gadsby will attest!)