Long history: Rand Corporations

This is the picture of what the scientists working for Rand Co. were thinking of, the future computer. It might seem weird and funny to us today, 2009, but for the greatest and the biggest think tank institution's scientists in 1954 that computer was a dream and such a great success. I wanted to start my new entry with a corner stone from the history. Actually, what I want to emphasize is the institution, itself. As I have already mentioned, it was established after 2nd. WW, and became the most popular institution with many well-known scientists conducting researches and projects in a wide range of subjects. It is a non-profit global policy think tank first formed to serve for the government, and then became a non-profit institution to serve for the public. With the development period of the post-war era, many successful scientists from many different kinds of countries worked in every kind of areas . During Cold war period the institution was serving to the government and improving the Space Program. Also, Modern Portfolio Management was created by the institution as the modern management styles and theories were. Moreover, they had a huge effect in creating Game Theory and in upgrading it.

The institution is still active and serving as a non-profit, think tank and it is still one of the most popular ones in the world. If you would like to reach the official webpage of Rand Corporation, please click this link.

Budget Hero:) Who does not want to be?

Hey gang,

When I was surfing online, I have found this online game which I actually have heart about from one of my friends before. It is such a fun game that you are responsible for the American Budget which has 3 trillion dollars, and you are supposed to control and spend your budget logically. I hope that you all would enjoy it and I suggest you that "never spend more than you can cycle".

Good luck with it.

Turkey in the EU?

Kemal Dervis is one of the most well-known economists in Turkey even though he has spent most of his life out of the country because of his education from bachelor to his Ph d. and his job in World Bank and United Nations Development Program.

Several years ago he attended to a British talk show "Hard Talk" to talk about Turkey's European Union participation process, and he addressed all of the main problems and the efforts clearly. I was in high school when I watched that program on BBC, and it was really interesting for me because a Turkish guy speaking perfect English with a great accent and knowledge was trying to make people look at the situation from different angles.

I have just found the video and I would like to share it with you all, especially with those who are interested in European Union and Turkey.

If you click this link, you will reach the webside, and then please click the video link and open it!!!

I hope that you would enjoy it.

Standup economists!!!

Hey guys!!!

My first entry would be a video which I have taken from youtube.com. It is called Mankiw's Ten Principles of Economics, translated by Yoram Bauman. It is a really funny video in which Bauman is teasing a well-known economist.

I hope that you would like it!!!

Also, if you are interested in learning more about standup economist, please click this link.