Archive | Politics & Business RSS feed for this section

Where Search Went Wrong and How to Fix It

Very few people who are connected to the internet will tell you that the rise of the search engine has increased their ignorance of a great many things. After all, before the democratization of the search engine and the world-wide web we couldn’t Google things. We had to open books, if we had the right [...]

Read full storyComments { 1 }

The Hamster Wheel Economy

I have a friend who maintains a Christmas tradition with his brother in which they exchange $20 bills. The money exchange, if recorded as a business transaction, would add $40 to GDP. But they might produce more value by exchanging compliments. During the Great Depression, I’ve read, some socially concerned business owners with large bank [...]

Read full storyComments { 1 }

Common Confusions

Conflating universal suffrage with democracy. Thinking that GDP expansion is essentially positively correlated with increases in the production, trade, and consumption of value-adding goods and services. Mistaking the Federal Reserve for a governmental agency. Mistaking the U.S. Chamber of Commerce for a governmental agency.

Read full storyComments { 0 }

A long-shot investment idea with an attractive potential upside

I’ve recently discovered BitCoin. It is a monetary system with active exchanges into/from USD, AUD, GAU, INR, CNY, SLL, BGN, PLN, EUR, CLP, and (thankfully) CAD. Today, one BitCoin (BTC) is roughly eight dollars (USD). The market capitalization is $56, 053, 200, assuming each coin is worth eight US dollars. BitCoin has been compared to Bittorent, [...]

Read full storyComments { 5 }

Summer reading list (political/historical)

Amartya Sen, The Idea of Justice. Amartya Sen, The Argumentative Indian: Writings on Indian history, culture and identity. Ida Minerva Tarbell, The History of the Standard Oil Company. (HIGHLY RECOMMENDED) Russ Baker, Family of Secrets: The Bush dynasty, America’s invisible government, and the hidden history of the last fifty years. Jeff Sharlet, The Family: The secret [...]

Read full storyComments { 1 }

Featuring YD Feedwordpress Content Filter Plugin