Archives for: "February 2009"
Two satellites collide in orbit
February 11th, 2009Usually when spacecraft are dying, the controllers know well enough in advance that they can command them to an out of the way place in space (or drive them to re-entry), but this one must have been a surprise failure of two redundant paths, happening in some sequence to quickly to react. more »
the crisis on econtalk
February 9th, 2009The discussion expands on a paper critiquing the economics profession relative to the belief that monetary policy had "solved" the problem of the business cycle. Later parts of the discussion involves assessments of risk, false presumptions that one can… more »