Seven years after American security contractors killed 14 unarmed Iraqis by firing machine guns and grenades into a Baghdad traffic circle, a jury in Washington on Wednesday convicted all four Blackwater Worldwide guards charged in the incident on at least some of the charges.
The political economy of a universal basic income: "your view of what is feasible should not be backwards looking. The normalization of gay marriage and legalization of marijuana seemed utopian and politically impossible until very recently. Yet in fact those developments are happening, and their expansion is almost inevitable given the demographics of ideology... UBI — defined precisely as periodic transfers of identical fixed dollar amounts to all citizens of the polity — is by far the most probable and politically achievable among policies that might effectively address problems of inequality, socioeconomic fragmentation, and economic stagnation." [more inside]
- Welfare economics: an introduction
- The perils of Potential Pareto
- Inequality, production, and technology
- Welfare theorems, distribution priority, and market clearing
- Normative is performative, not positive
Korean grandmothers sell Bacchus drinks (energy drinks) and sex on the side. Once part of Korea's economic engine, older Korean women are turning to prostitution to pay for their living costs. The Bacchus women also work the hiking trails where they offer coffee and sex.
How The Economic Machine Works by Ray Dalio actually makes a case against austerity and for redistribution, but also for money printing (and, arguably, for bailouts), while stressing the need to keep making productivity-improving public and private investments. However, it could be equally entitled: How The Industrial Age Political-Economy Doesn't Work Anymore, viz. Surviving Progress (2011)... [more inside]
Netflix has open sourced tools it uses for load balancing and failure management with Amazon Web Services . They plan to release more tools in the future. They are on Github.
Long Live the Web — An impassioned plea to actively support openness on the Web from Tim Berners-Lee. [more inside]
We all know The Rapture is coming soon (although "no one knows the day or hour"), and many of us will want to send out appropriate taunting messages from our heavenly perch to our loser buddies that didn't get chosen. At last, a service provider has arisen to serve this need. At You've Been Left Behind, you can store up to 250 MB of documents to be sent to up to 62 separate emails addresses in the event of the Rapture. Rapture is determined to have occurred when 3 of the 5 team members fail to log in to the site over a 3 day period.
I took my video camera to a Foster Care Alumni meeting and asked seven foster kids to tell me about there experiences in Child Protective Services while wards of the state: Tristen, Andrew, Kyle, Aisha, Elnita, Ashley, Joshua. [more inside]
Roads To Riches (or We've Got a Bridge in Brooklyn to Sell You--Seriously) -- Why investors are clamoring to take over America's highways, bridges, and airports—and why the public should be nervous.--...a slew of Wall Street firms—Goldman, Morgan Stanley, the Carlyle Group, Citigroup, and many others—is piling into infrastructure ... Assets sold now could change hands many times over the next 50 years, with each new buyer feeling increasing pressure to make the deal work financially. It's hardly a stretch to imagine service suffering in such a scenario; already, the record in the U.S. has been spotty. ...
Not a particularly interesting person? Perhaps you'd be more interesting if you had been attacked by pygmies, or survived a fall from a 19 story building. But who has the time to actually HAVE crazy life threatening accidents. Now, you no longer need to.
The robot comes calling... When web services attack! NotifyPhoneBasic will call any phone number in the US/Canada and read your message to that phone number. You can even set the caller id information.
Fixr photographs recreations of moments when you didn't have a camera, then sends you a photo. At last, a solution to photos not taken.
cin-o-matic, it's a tool to help people decide what movies to go see or rent. The interface is simple and is growing on me, the url is hard to share by word of mouth, and it integrates with netfilx. [by and via dack]
Scribe, schedule and send a soliloqy to the self. [more inside]