As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns. ↗
But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs. ↗
In particular what is most important to me is the transformation of a sound by slowing it down, sometimes extremely, so that the inner of sound becomes a conceivable rhythm. ↗
The dramatic modernization of the Asian economies ranks alongside the Renaissance and the Industrial Revolution as one of the most important developments in economic history. ↗
When, in the third book, we do learn the identity of the Blue Rose murderer, the information comes in a muted, nearly off-hand manner, and the man has died long before. ↗
A Shakespeare could have arisen only on English soil. In the same way, your great dramatists and poets express the nature and essence of the Norwegian people, but they also express that which is universally valid for all mankind. ↗
Some of the people that I photographed as sticks became much more voluptuous, much rounder, in some cases dramatically so, and I think they're even more beautiful. ↗
Mount Harris is of basaltic formation, but I could not observe any columnar regularity in it, although large blocks are exposed above the ground. The rock is extremely hard and sonorous. ↗
We are to see the development of the country pushed forward at an unprecedented rate by an aggregation of capital, and a systematic application of it under the direction of competent men. ↗
