Monthly Archives: January 2012

Open House Tuesday January 31 from 11-2pm in West Hollywood, CA. $275,000


Ultra chic top floor 1bd, 1bth unit with dazzling head on views of Downtown LA! Bright and airy with tons of upgrades inc. skylights, crown molding and baseboard, designer paint and touches in this unique and beautiful open floor plan. Only unit to have fancy French doors open up from the living room to the bedroom and unit only has ONE shared wall! Prime location in the heart of West Hollywood, walking distance to Sunset Strip or Santa Monica Blvd. Complex has a beautiful Spanish entry and inviting pool and BBQ area. Easy to show.

970 PALM AVE #302, WEST HOLLYWOOD 90069

E-mail noah@westsideluxeliving.com for more info
Noah Walsh DRE# 01908090
Broker: Peter Lorimer, PLG Estates,  DRE # 01479846 
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Can’t wait to go!

Angela's Photoblog: Uncovering Life.Love.Beauty.Places.Passion.Etc

Our itinerary for the second day was:  Watching the Barong and Kris Dance at Kesiman, Denpasar – Visiting the Sari Amerta Batik factory, followed by a stop at a silver factory/gallery, where every silver jewellery is beautifully hand-crafted. Then,  we proceed to Kintamani to see Mount Batur, an active volcano located at the center of two concentric calderas,  north west of Mount Agung. Next to it is Lake Batur, the largest crater lake in Bali. The view was spectacular.

Afterwards, we continue our journey to Wedang Sari Agro Wisata ( agro-tour) and I get to taste different types of coffee, which is a great experience, since I am a coffeeholic. ;p.  They also produce spices and other natural products too. On our way back to Legian, we stopped at Tegalalang, to witness the amazing rice terrace (while shopping for souvenir) and made a pit stop at Dewa Putu Toris art gallery. It is a studio of…

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Pirates: Rational Profit Maximizing Entrepreneurs of the Sea

You have to love a good Pirates/Economics story.

Game Theory Ninja

Pirates are awesome.  Economics: also awesome.  The combination?

Check out this report: The Economics of Piracy.  It uses data from 1500 Somalian pirates to look at the future of international piracy.  An excerpt:

Pirates would appear to be the very essence of rational profit maximizing entrepreneurs described in neo-classical economics. Expected profits determine decisions based on the information available. The supply of pirates, therefore, is closely related to the expected benefits of being a pirate and the associated risk adjusted costs.

Yep. You read that right. Pirates are economics bad-asses.

The paper, which looks primarily at Somalian pirates, explores piracy in several arenas, and concludes that incidents of piracy will substantially expand in the coming years, primarily due to the rising income disparity betwen pirates and non-pirates.

How big a problem is piracy? In 2010, the cost of piracy to the international community was between $4.9 and $8.3 billion. …

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