The Raw Prawn

CAUTION

Martyn [sic] Smith, proprietor of the Royal Victoria Coffee House, Pitt-street, Sydney hereby cautions shopkeepers and others, not to give credit to any person whatever without his written order, as Mr. S. will not hold himself responsible hereafter in consequence of his late Waiter having recently absconded, and obtained goods from various shopkeepers without M. S.’s sanction in any way or manner.

Martin Smith, by this opportunity begs to return his most sincere thanks to the public generally, for the very liberal patronage bestowed on him since the opening of his Refreshment Rooms; and M. S. further begs to assure his numerous patrons that no exertions on his part shall be wanting to merit a continuance of the same.

MARTIN SMITH.

A good active Waiter wanted immediately. Character for honesty and sobriety required.

Sydney Morning Herald, Monday 1 August 1842.

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CAUTION

Martyn [sic] Smith, proprietor of the Royal Victoria Coffee House, Pitt-street, Sydney hereby cautions shopkeepers and others, not to give credit to any person whatever without his written order, as Mr. S. will not hold himself responsible hereafter in consequence of his late Waiter having recently absconded, and obtained goods from various shopkeepers without M. S.’s sanction in any way or manner.

Martin Smith, by this opportunity begs to return his most sincere thanks to the public generally, for the very liberal patronage bestowed on him since the opening of his Refreshment Rooms; and M. S. further begs to assure his numerous patrons that no exertions on his part shall be wanting to merit a continuance of the same.

MARTIN SMITH.

A good active Waiter wanted immediately. Character for honesty and sobriety required.

Sydney Morning Herald, Monday 1 August 1842.

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CAUTION

Martyn [sic] Smith, proprietor of the Royal Victoria Coffee House, Pitt-street, Sydney hereby cautions shopkeepers and others, not to give credit to any person whatever without his written order, as Mr. S. will not hold himself responsible hereafter in consequence of his late Waiter having recently absconded, and obtained goods from various shopkeepers without M. S.’s sanction in any way or manner.

Martin Smith, by this opportunity begs to return his most sincere thanks to the public generally, for the very liberal patronage bestowed on him since the opening of his Refreshment Rooms; and M. S. further begs to assure his numerous patrons that no exertions on his part shall be wanting to merit a continuance of the same.

MARTIN SMITH.

A good active Waiter wanted immediately. Character for honesty and sobriety required.

Sydney Morning Herald, Monday 1 August 1842.

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This clip from Econ Stories has been doing the rounds and is worth a watch: they even manage to get a thumbnail sketch of the two men’s views across.

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I had been meaning to upgrade/replace the main computer in our study for some time, basically ever since it started sounding like a 747 taking of 24/7 and had gradually accumulated enough junk to run slower than a dogma film. It was about 7 years old, so this was more than excuse enough to switch from the Packard Bell PC to a nice big new shiny iMac. Once it arrived, I copied across all the key data from the old machine, but on past experience I knew at some point there would be an application or settings file or an obscurely located document I would desparately need but had failed to copy across. Enter VMWare’s converter tool! I’d been using VMWare fusion for a while on the MacBook to be able to run Windows without having to reboot as well as to play around with other operating systems (yes, I know we’re moving to the cloud, but I still enjoy experimenting with different operating systems) but I’d only recently learned about the converter. Basically the converter clones your old physical machine as a virtual machine. It’s extremely easy to use, particularly with the help of this video guide: install converter on the old machine, connect an external drive, fire up the converter, step through a few options pages and away you go. The result is that I am now able to run an identical copy of the old computer on the iMac: all the applications, settings, desktop, files, etc! I suspect I may even be running etax 2010 on this virtual machine as all the old etax data is still sitting there.

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In this interview with Eugene Fama, one of the Chicago School pioneer of the efficient markets theory, you can see an excellent example of how people can become so wedded to a theory that it distorts their view of the world. Everything is seen through the prism of the theory and the viewer is apparently oblivious to the distortions that result. Fama insists that a collapse on house prices did bot trigger a recession. Rather the collapse must have been triggered by a recession that predates the housing collapse. How so we know this despite the fact that there is no evidence for it? Easy. The theory says is must be so. Forget evidence to the contrary, the theory must be right! http://www.newyorker.com/online/blogs/johncassidy/2010/01/interview-with-eugene-fama.html#ixzz0cjJYRq5W
Sent from my iPhone

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