Comments on: The Barossa’s approach to a crushing problem http://www.crikey.com.au/2009/10/30/richard-farmers-chunky-bits-34/ now with extra source Sun, 12 Feb 2012 02:14:27 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Kirk Broadhurst http://www.crikey.com.au/2009/10/30/richard-farmers-chunky-bits-34/#comment-43705 Kirk Broadhurst Mon, 02 Nov 2009 02:50:43 +0000 http://www.crikey.com.au/2009/10/30/richard-farmers-chunky-bits-34/#comment-43705 Those absurd Evony advertisements are like an internet parasite, slowly extending itself across the entire web. Of course, Evony is just a web based role-playing / empire simulation game where the player cultivates an army, forms alliances, and wars with other players. It has nothing to do with the sexually charged imagery in the advertisements. I am not at all sure of the targetting of its advertisements. Most likely it's an ABC Learning type pyramid scheme, with a need to continually expand lest its unsustainability becomes too appparent. Those absurd Evony advertisements are like an internet parasite, slowly extending itself across the entire web. Of course, Evony is just a web based role-playing / empire simulation game where the player cultivates an army, forms alliances, and wars with other players. It has nothing to do with the sexually charged imagery in the advertisements.

I am not at all sure of the targetting of its advertisements. Most likely it’s an ABC Learning type pyramid scheme, with a need to continually expand lest its unsustainability becomes too appparent.

]]> By: Scott http://www.crikey.com.au/2009/10/30/richard-farmers-chunky-bits-34/#comment-43558 Scott Fri, 30 Oct 2009 05:05:48 +0000 http://www.crikey.com.au/2009/10/30/richard-farmers-chunky-bits-34/#comment-43558 Paul Krugman is being a bit sly with his calculations of how long it will take for the US to get to full employment (I presume just to make a point...he is too cluey to overlook NAIRU). While the US has unemployment stat's of 10% at the moment, the non accelerating inflation rate of unemployment (or natural rate of unemployment) is between 4-6%. So really the US just needs to reduce unemployment by as little as 4% or as high as 6% (from the 10%). Applying Okuns law for the US, which estimates that increasing GDP by 2% will result in 1% decline in unemployment (looks like the right number from the graph), assuming an average of 3% growth a year, the US could be back in business in as little as 2.6 years (or 4 years to bring the unemployment back to to 4%) Paul Krugman is being a bit sly with his calculations of how long it will take for the US to get to full employment (I presume just to make a point…he is too cluey to overlook NAIRU). While the US has unemployment stat’s of 10% at the moment, the non accelerating inflation rate of unemployment (or natural rate of unemployment) is between 4-6%. So really the US just needs to reduce unemployment by as little as 4% or as high as 6% (from the 10%). Applying Okuns law for the US, which estimates that increasing GDP by 2% will result in 1% decline in unemployment (looks like the right number from the graph), assuming an average of 3% growth a year, the US could be back in business in as little as 2.6 years (or 4 years to bring the unemployment back to to 4%)

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