My first reaction was it'd be a bit funny, it'd also be a bit of a scary world if this is where we're headed... if you don't have time start watching starting around the 20 minute mark (Kokatu):
blogging my (mis)adventures in China between and during bouts of jetlag peppered with random thoughts on investing, strategy and development
Sunday, February 28, 2010
Life as a Game?
My first reaction was it'd be a bit funny, it'd also be a bit of a scary world if this is where we're headed... if you don't have time start watching starting around the 20 minute mark (Kokatu):
Documenting a Relationship using Photoshop
Saturday, February 27, 2010
Fun Times Ahead...
Bailout/Nationalization gone awry: Fannie Taps Treasury for $15.3 Billion More After a 10th Loss (Bloomberg)
Self-explanatory: Annual report shows [US] government's financial position hit $11.46 trillion deficit in 2009 (Yahoo/AP)
Obama Administration adds friction to the hiring/firing process of workers, because well, there are obviously too many jobs out there - Alex Tabarrok: Insiders, Outsiders and Unemployment (Marginal Revolution)
The issues are not uniquely American: Man who broke the Bank of England, George Soros, 'at centre of hedge funds plot to cash in on fall of the euro' (DailyMail)
Wednesday, February 24, 2010
PSA: "Keep off the pounds or lose your mind more rapidly"
Should we at least give them points for honesty?
Atlanta Progressive News has parted ways with long-serving senior staff writer Jonathan Springston. Apparently, Springston’s affinity for fact-based reporting clashed with Cardinale’s vision.
And, no, that’s not sarcasm.
In an e-mail statement, editor Matthew Cardinale says Springston was asked to leave APN last week “because he held on to the notion that there was an objective reality that could be reported objectively, despite the fact that that was not our editorial policy at Atlanta Progressive News.”
Tuesday, February 23, 2010
Montana's No Speed Limit Safety "Paradox"
This begs the question, do people change the way they drive when there is no speed limit? The evidence suggests the answer is yes. The measured vehicle speeds only changed a few miles per hour as predicted – comparable to data collected from other western states. What changed? The two most obvious changes were improved lane courtesy and increased seat belt use. Did other driving habits and patterns change as well?It's sort of like red light cameras that are supposedly for our own good. Nevermind that they tend to increase accidents (National Motorists Association) or that the real reason is they provide cash to revenue hungry municipalities.
The lower–than–US fatality rates on the German Autobahn (where flow management is the primary safety strategy), and now Montana's experience, would indicate that using speed limits and speed enforcement as the cornerstone of US highway safety policy is a major mistake. It is time to accept the fact that increases in traffic speeds are the natural byproduct of advancing technology. People do, in fact, act in a reasonable and responsible manner without constant government intervention.
Monday, February 22, 2010
Another Solution to Obesity: More Wal-marts
Surprising research suggests Wal-Mart can actually reduce obesity in low-income neighborhoods starved for affordable fresh food. [...]Makes sense to me. What doesn't make sense are the people who cling to their Wal-mart hate - it's almost as if they love unions, hate efficiency, poor people and local communities or something.
Wal-Mart significantly lowers prices in the communities where it sets up shop, even for people who never shop at the store. On food alone, Hausman and Leibtag found that Wal-Mart delivers a 25 percent benefit to consumers, which has a disproportionately positive effect on the poor because they spend a larger percentage of their income on food.
Quote of the Day
It’s refreshing to see Canadians display more patriotism than they have traditionally: it’s embarrassing for a country to define itself as being merely “not the United States”Indeed. Though I wonder if Shapiro was familiar with Canada's $116 million "Own the Podium Campaign" (Bloomberg) that news commentators have been framing as bringing our medal count to at least parity to the Americans. Of course now that the Americans beat Canada in hockey for the first time since 1960, personally I'm just glad that they're actually looking at spending money on useful things as opposed to doubling down.
$400 million and 8 years later... the Bloombox cometh?
While they haven't released any numbers that I've been able to find, during his interview with CBS's 60 Minutes, the founder KR Sridhar hopes to have one of these boxes (roughly smaller than a loaf of bread) power every home in North America in 5 to 10 years. Definitely can't fault him for his ambition.
Watch CBS News Videos Online
I'm quite hopeful and optimistic that there will be at least one green technology that will become viable in meeting our energy needs to the point of self sufficiency (and relatively soon) - but it'll all depend on the economics. The technology will become sustainable because of the economics not because of government fiat and that's a good thing.
See more at CBS and CNN.
Update - A Business Week article suggests that it's not yet economical (December 7, 2009) though according to their 60 minutes segment, they're taking advantage of the subsidies in the meantime:
"Sridhar figures it will take three to five years before Bloom boxes reach "grid parity" for home use, or price competitiveness with traditional residential-scale electric supplies.
Sunday, February 21, 2010
The internet as a tool for tyranny
the role that the Internet played in the recent events in Iran shows us why: Revolutionary change that can topple strong authoritarian regimes requires a high degree of centralization among their opponents. The Internet does not always help here. One can have "organizing without organizations"—the phrase is in the subtitle of "Here Comes Everybody," Clay Shirky's best-selling 2008 book about the power of social media—but one can't have revolutions without revolutionaries.I'm not sure how much I agree though. Personally, while I suspect that it may delay change - because the Internet allows information to proliferate faster, a larger consensus might make changes less violent - at least that'd be my personal speculation. Further, the internet, is merely a tool that can be used as effectively or ineffectively as people choose. Alternatively, is the takeaway that we should be restricting access if we want change?
Contrary to the utopian rhetoric of social media enthusiasts, the Internet often makes the jump from deliberation to participation even more difficult, thwarting collective action under the heavy pressure of never-ending internal debate. This is what may explain the impotence of recent protests in Iran: Thanks to the sociability and high degree of decentralization afforded by the Internet, Iran's Green Movement has been split into so many competing debate chambers—some of them composed primarily of net-savvy Iranians in the diaspora—that it couldn't collect itself on the eve of the 31st anniversary of the Islamic revolution. The Green Movement may have simply drowned in its own tweets.
Thursday, February 18, 2010
Another reason to love Walmart
Quote of the Day
Tuesday, February 16, 2010
It's not that we need a "different kind of Capitalism"...
They have a good reading list out as provided by founder Jacqueline Novogratz (Public Radio via Chris Hughes). In the list I'd recommend William Easterly's The White Man's Burden, Hernando De Soto's The Mystery of Capital, but also add my own - Brink Lindsey's Against the Dead Hand (as recommended in the past as it provides context).
Monday, February 15, 2010
Death of the MegaCorporation and the Evolution of Education
Sunday, February 14, 2010
Bing's Augmented Reality Maps
If you're bored...
On Happiness
List the ten most expensive things (products, services, or experiences) that you have ever paid for (including houses, cars, university degrees, marriage ceremonies, divorce settlements, and taxes). Then, list the ten items that you have ever bought that gave you the most happiness. Count how many items appear on both lists.Personally, my thinking is that money is what comes after building products and services clients love (or grow to love). Having fun on the way and believing in what I do doesn't hurt either.
Saturday, February 13, 2010
Tea Time
Tuesday, February 02, 2010
The United States: Home of the "Mostly Free"?
A nation's corporate tax rate is important. Its effect on a country's competitiveness and its ability to draw or repel investment has a direct impact on economic health.
Companies are being driven offshore by a combined 39.1% federal and state tax rate that is second only to Japan's. In some states, the combination leads the world. California, which would have the world's eighth largest economy as an independent country, teeters on bankruptcy. If you were a CEO, would you headquarter there or in Switzerland or Ireland, which also rank above us?
And with today's budget, the size of government in the US is only set to get bigger (Greg Mankiw). President Obama's exhortations of concern over spending amidst near unprecedented levels of spending (not even taking into account unfunded liabilities like Social Security + Medicare that are set to skyrocket) are like Augustine of Hippo's famous plea (Wikipedia): "Grant me chastity and continence, but not yet".
Update (Feb 13): Welcome Back, Jimmy Carter? (Chicago Daily Observer)
Update #2 (Feb 14): Crony Capitalism returns (Washington Examiner). One of the puzzling strawmen liberals often build is that crony capitalism is the logical conclusion of capitalism and markets when the reality is quite the opposite.
Teetering China?
Monday, February 01, 2010
Libertarian Humor
One day shortly after the Second World War ended, Winston Churchill and Labour Party Prime Minister Clement Attlee encountered one another at the urinal trough in the House of Common’s men’s washroom. Attlee arrived first. When Churchill arrived, he stood as far away from him as possible. Attlee said, “Feeling standoffish today, are we, Winston?” Churchill said: “That’s right. Every time you see something big, you want to nationalize it.”And sadly, just as Ontario has banned talking and texting on cell phones without hands free devices, comes a study that "Cell Phone Laws Have No Impact On Accidents". Of course, if I were cynical I'd suspect they would have passed the law anyway.
