Comments on: Carr diagnoses the economy: How irrational are we? http://www.wordyard.com/2008/12/08/carr-diagnoses-the-economy/ Technology, politics, culture Tue, 16 Mar 2010 18:43:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: sameasiteverwas http://www.wordyard.com/2008/12/08/carr-diagnoses-the-economy/comment-page-1/#comment-5026 sameasiteverwas Mon, 08 Dec 2008 20:21:22 +0000 http://www.wordyard.com/?p=1629#comment-5026 "What does it take to feel that a recession is real? Carr, like Noonan, seems to be waiting for the appearance of Hoovervilles." <a href="http://www.msnbc.msn.com/id/26776283/" rel="nofollow">Like these?</a> “What does it take to feel that a recession is real? Carr, like Noonan, seems to be waiting for the appearance of Hoovervilles.”

Like these?

]]> By: Bear http://www.wordyard.com/2008/12/08/carr-diagnoses-the-economy/comment-page-1/#comment-5024 Bear Mon, 08 Dec 2008 18:56:35 +0000 http://www.wordyard.com/?p=1629#comment-5024 I haven't read the article, but I've been watching with some horror as companies with good sales doing preemptive layoffs. If every company does preemptive layoffs in the same month, it suddenly looks as if they were all prudent. It seems to all be an issue of lots of locally optimal choices not being globally optimal. I haven’t read the article, but I’ve been watching with some horror as companies with good sales doing preemptive layoffs. If every company does preemptive layoffs in the same month, it suddenly looks as if they were all prudent. It seems to all be an issue of lots of locally optimal choices not being globally optimal.

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