GZG List archives -- March 2008
[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 — well,
see for yourself. Joshua Gans of the University of Melbourne scanned a
copy of the thing I wrote — back then academics did their work with
typewriters, abacuses, and stone axes — 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
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