For Clarence the 75-year-old Galapagos tortoise, an extended visit to Moorpark College was going to be good. His mate had recently died and the College had an exotic animal training program. Clarence…
Why It Helps to Have (Emoji) Standardization
We know that transactions are easier when weights and measures and times are standardized but do we need emoji standardization?…
Why December 31st is an Odd Length
Just like having the same weights and measures and money, when we all standardize our time with a soon-to-be-added leap second, our transaction costs drop.…
Why We Need to Know About Chili Pepper Heat
Whether using a Scoville Heat Scale for chili peppers or DIST for the weight of a kilogram, markets need standardized weights and measures.…