The Twisted Economy

I happen to have this bad habit of sitting through lectures for subjects I don't take, won't take, and don't care too much about. A good example of this would be third-year microeconomics at Melbourne Uni. The lecturer's name is in the photo.

She gave this fun example called the Robinson Crusoe economy. Since I would think that the material should not be shared so happily, and I will take it down if told to do so, this is a funny way of looking at a one-man economy.

Simply said, it is an example of a one-man economy. How is it a funny, yet twisted example? This man is a producer, so he sets up a firm and hires labour to collect food, then sell it to the consumer. This man is also the consumer - so he is the labour of this firm and he buys food from the firm. So, now we have a man who sets up a firm to collect food, for which he does, and then he sells this food to himself with the money he was paid for the work (which could be food too). This man also happens to be a sole shareholder of the firm which produces food, so he also receives dividends off the profit of the firm. So now, we have a man collecting food for a firm who sells him food which he buys using his wage and his dividends which are from the profits of the firm who sells him food at a profit.

The easy way to look at it? This man looks for food. He eats the food when he needs the food. He will keep any extra food he has for later consumption.

So now, anyone for being an economist?

Edit: I've finally removed two links. Yam's Blog with Cogs has been taken down by Yam quite a while ago. I hoped he would bring it back up, which he didn't. The Speaker's Corner has been made private only by ayjk, the writer, and since I am not very interested in reading his blog, even I myself have not asked for access and I believe it isn't fair for me to link to something that most people can't read. Jien Han hasn't been updating his blog much either - so I'd say that if you want something to read, keep visiting my blog, chewxy's blog, u238's blog and kennysia's blog. (And yes, the links you see on the blog are the only blogs I visit regularly.)

Lousy Photo of My Room

Here's what my room looks like at present. I took it with a phone's camera. Most of you already know which phone this is - and only a few of you do not. What do you guys think of my room?

I Use a Remote With My Mac

I happen to use a remote control device with my PowerBook G4. It looks like this:

Yes, it happens to be a Wii Remote. Does it work well? Yes. Am I crazy? No. A Wii Remote happens to be quite the worthy investment. It works with a Wii. It works with my Mac. Two devices for the price of one?

Here's the real puzzle - do I have a Wii?

rei's Odd Habits When Studying

While it's not really odd, since I think so many of us students do it, but I think most of our parents will easily find this odd. 1. Listening to loud or noisy music while studying. 2. Chatting with friends while studying. 3. Watching TV while studying. 4. Typing out assignments while eating, snacking, drinking, talking on the phone, PSP gaming, making trips to the kitchen, dunking biscuits into a hot drink, and so on.... 5. Pen spinning. 6. Constantly checking your e-mail even though you know nothing is there. (Occasionally, someone might pass you tips, you'd never know. 7. Not write out your assignment/homework until about a week (or even hours) before its due. 8. Sit around doing nothing. (actually you are deep in thought, but you look like you are actually flying around into dream land) 9. Burn the midnight oil. (Even if you didn't have to.) 10. Write out blog posts like this about odd things you do. (which aren't really odd) 11. Watch anime. 12. Watch TV shows. 13. Watch movies. 14. Watch... your watch. (or clock, or PDA, or phone, or - I think you get the point) 15. Take 12 hours to do what would have taken you ordinarily 1 hour to complete. 16. Start clearing your desk, which hasn't been cleared for like the last half a year, when your assignment is due tomorrow. 17. Start clearing (similarly) your room, apartment, toilet, cabinet, closet or bed. 18. 'Suffer' from insomnia due to anxiety for the day after tomorrow's exam paper. (and playing... let's say DotA during this period) 19. Begin to hack your PC, PSP, XBox, GameCube, Wii or anything you can think of just because you don't feel like doing work. 20. Attempt to optimize your BitTorrent download because you think the max bandwidth of your Internet connection isn't high enough. 21. (and the list goes on....)

Believe it or not, the above work took me 1 day and 14 hours from me reading the question to me writing a 3 paragraph answer.

(On another note, this happens to be post number 404 in WordPress - and my camera is actually pretty good at taking photos, contrary to my belief.)

A Look into cfgt's Cupboard of Tricks

I know you can see the mess of cables there. I'm not a very neat person to begin with when it comes to cables. I fully intended to use a shorter cable instead of the blue one, but that got lent out a few days ago. :P

Among the cables are: 2 CAT5e cables with RJ45 heads, 2 power adapters, 1 plug converter, 1 XBox controller and 1 XBox AV cable (needed for it to boot without FRAGging (flashing red and green)).

The XBox is a fully working LAMP and SAMBA server, running Torrentflux so that I can move my laptop around (and out of) the house without fear of having missed so many hours of torrenting. :D It still does work as an ordinary XBox, and yes it still plays games. :D

Another thing in the picture is a NETGEAR WGR614 wireless router. While it is a router, I am currently just using it as a wireless switch because my Netcomm NB5 modem comes with a router feature. (I believe in separation of power, or what most people might call spreading the load - whatever.)

And that's only one shelf in the cupboard. Anyone want to venture a guess into what else is in it?