From: KH.Ranitzsch@t... (K.H.Ranitzsch)
Date: Sun, 16 Mar 2008 21:40:53 +0100
Subject: [GZG] Theory of interstellar trade
Hello everybody The economics of interstellar trade has occasionally been a topic of discussion on this list. Here is a contribution by a real economist: http://www.princeton.edu/~pkrugman/interstellar.pdf The author, Paul Krugman, now is an economics professor at Princeton and an op-ed columnist for the New York Times. To quote him: "Thirty years ago I was an oppressed assistant professor, caught up in the academic rat race. To cheer myself up I wrote â well, see for yourself. Joshua Gans of the University of Melbourne scanned a copy of the thing I wrote â back then academics did their work with typewriters, abacuses, and stone axes â and was good enough to send me a copy. Ladies and gentlemen, I give you The Theory of Interstellar Trade." Be warned, he 'only' discusses relativistic (i.e.non-FTL) trade in economic theory terms, so it is 'heavy going' in every sense of that phrase. Enjoy. Greetings Karl Heinz