Terrorists are fools, politicians help them
This is partly the result of a discussion on Slashdot on why terorists are disproportionately engineers, and partly a follow up to my previous post about the staggering incompetence of most terrorists. There is also the issue of how the media and politicians actively help terrorists achieve their goals. (more…)
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Great crash and credit crunch similarities.
I have been reading Galbraith’s The Great Crash of 1929 and a lot of similarities have struck me, not all of which seem to have been noticed by everyone. (more…)
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Gold is not an investment
Richard Beddard has been annoying the gold bugs. This puts me in the unusual position of agreeing with him. (more…)
How to break up oligopolists
The most discussed problem with my proposals on how to fix capitalism is how one decides which companies to break up, and how one goes about doing it. Needless to say, I do have some answers (more…)
SETI@Home sacking and the death of local newspapers
Two newspapers and a local radio station cover the same story, and it looks like two different stories. At the very least, one account is so incomplete as to be misleading. (more…)
Google’s “concession” to Murdoch
Everyone seems to be interpreting the changes made by Google News as a victory for Murdoch and others who are trying t extract payments from Google in return for making their content searchable through Google. I disagree, and think it is designed to make life more difficult for those putting up pay walls. (more…)
How to fix the banking system
This is a bit less ambitious than my plan to reform capitalism, but the principles are the same.
Too big to fail is too big to exist
Big banks create too much systemic risk, and are far too much of a strain on government finances when they need to be bailed out. (more…)
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