Good morning, ladies and gentlemen. In a few hours, I will destroy the Greek economy. Unless, that is, you give me the sum of...one trillion dollars
(SLNYT, but with this much money I can afford to look frumpy)
posted by anigbrowl
on May 10, 2010 -
Have you ever wondered why you can't get what you want, but, if you try sometimes, etc.? Mark Hicken, a British Colombian lawyer, is a great source of information
on the state(s) of Canadian liquor regulations. Sure, a little localised and dry, but that's the terroir, man. Also, he does point out some inanities
that have a relatively universal appeal.
posted by converge
on Dec 10, 2009 -
Doug Rushkoff throws down the gauntlet in his “Radical Abundance” speech at the O’Reilly Web 2.0 conference.
Some highlights of the speech: “The only real possible competition to Google and their economy of faux openness would be peer-to-peer exchange.”
“As a result of all this freedom the abundance of genuine creative output is declining. We are actually getting the scarce market place demanded by our currency legacy system. The same way the early Renaissance got a scarcity by killing off half the people with the plague.”
1: The development of a digital culture that actually respects the labor of individuals.
2: The creation of new modes of currency based in abundance rather than scarcity.
posted by joetrip
on Nov 22, 2009 -
Silicon Sweatshops is a five-part investigation of the supply chains that produce many of the world’s most popular technology products, from Apple iPhones, to Nokia cell phones, Dell keyboards and more. The series examines the scope of the problem, including its effects on workers from the Philippines, Taiwan and China. It also looks at a novel factory program that may be a blueprint for solving this perennial industry problem.
posted by Joe Beese
on Nov 19, 2009 -
Most of Africa, India and the developing world depends on innovative and inventive
people coming up with ways to make a living with no cash and next to no resources. Fritz Schumacher ( wiki
) was an internationally influential economic thinker with a professional background as a statistician and economist whose 1973 book "Small is beautiful
" - Economics as if People Mattered; is among the 100 most influential books published since World War II ( Review
). There are links to several articles, Essays and Videos on the Schumacher Society webpage
including the Essay "Buddhist Economics
". He was a founder of the Charity Practical Action
. ( Related 1; 2
posted by adamvasco
on Oct 4, 2009 -
Paul Krugman attacked professional macroeconomists (previously
). John Cochrane
, an economist at the University of Chicago, returns the favor
, arguing that Krugman deeply misrepresents current economic ideas because he's abandoned economics as a "quest for understanding" in favor of trying to be the "Rush Limbaugh of the Left."
posted by shivohum
on Sep 28, 2009 -
How Wal-Mart's values are shaping America's economy -- and why this is a very bad thing:
Around the time that the young Sam Walton opened his first stores, John Kennedy redeemed a presidential campaign promise by persuading Congress to extend the minimum wage to retail workers, who had until then not been covered by the law.
Walton was furious. Now the goddamn federal government was telling him he had to pay his workers the $1.15 hourly minimum. Walton's response was to divide up his stores into individual companies whose revenues didn't exceed the $250,000 threshold. Eventually, though, a federal court ruled that this was simply a scheme to avoid paying the minimum wage, and he was ordered to pay his workers the accumulated sums he owed them, plus a double-time penalty thrown in for good measure. Wal-Mart cut the checks, but Walton also summoned the employees at a major cluster of his stores to a meeting. "I'll fire anyone who cashes the check," he told them.
posted by acb
on Sep 14, 2009 -