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  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 7 Topics for Further Study Chapter 21 of 36 The Theory of Consumer Choice Section 19 of 26 Figure 13 – The Work-Leisure Decision This figure shows Sally's · budget constraint for deciding how much to work · indifference curves for consumption and leisure · optimum decision … Three main questions involving the theory of consumer choice: 1- Do all demand curves slope downward? 2- How do wages affect labor supply? 3- How do interest rates affect household saving? … 2- How do wages affect labor supply? Previously we’ve used the theory of consumer choice using indifference curves and budget constraint lines to analyze how a person allocates income between two goods. We can also apply the same theory to analyze how a person allocates time. … People spend most of their time awake either working, so they can buy consumption goods, or enjoying leisure. Consider the decision facing Sally, a freelance software ...
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Scot and Fumiko pictures and information

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  Fumiko Scot's information: Weight at 165 pounds, got to 160 pounds five years ago and have recently been bouncing between 163 and 168. Common sense ways to lose and keep off weight are eat right and light and get lots of exercise. Main exercise is walking, do 1~2 miles most days. Over career worked as a salesman in the steelmaking, fasteners, and auto manufacturing industries, lots of travel in U.S., Canada, Mexico, and Japan. Have visited every U.S. city with a major league, MLB, NFL, NBA, NHL, sports team except Sacramento, have gotten as close as Travis Air Force Base. Often traveled on Sundays, much time on the road so could not eat right and get enough exercise so got heavy, up to 200 lbs. Was on commission and made enough to retire early, now eat right and light, and get enough exercise. Now am spending most time reading and writing. Our Wick branch goes back to the brother of owner of the Wick House at Morristown National Historical Park in Morristown New Jersey, and on ba...
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HAT Manifesto Part 1/3 - Rubric Cube - 251207 edit

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                                                                                       “The world we see that seems so insane is the result of a belief system that is not working. To perceive the world differently, we must be willing to change our belief system, let the past slip away, expand our sense of now, and dissolve the fear in our minds.” - William James “All experience has shown mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.” - Thomas Jefferson “Wherever good fortune enters, envy lays siege and attacks it. And when it departs, sorrow and repentance remain behind.” - Leonardo da Vinci “Struggle is the indispensable accompani...
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HAT Manifesto Part 2/3 - Hypothesis and Novel Story Summary - 251005 edit

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  Years ago took a picture of a hawk sitting on a fence in the neighborhood and used it for this. 1/41 HAT Manifesto part 2 of 3… always some edits… Novel character Dean Smith’s Rubric Cube veracity and/or efficacy Hence All Terr(itory) hypothesis and HAT novel story summary. Until done and gone this will always be under on-going addition and revision. All the HAT veracity and/or efficacy tHAT follows to be explored, accepted and projected by our positive side and to be ignored or rejected and contested by zeir those who oppose negative side. Dem contraries’ key duties be to doff, scoff, fuss, cuss, and fire-up us. Change is now. … 2/41 As outlined and explained in the following, per dichotomic HATomic philosophy about half of people, the negatives, actually prefer misery over happy. Everyone is good but unfortunately 47.5% of people are born or later infused to be negative and sing the wrong songs. This rationally and logically explains why so many lean toward and actually want ...
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