Category Archives: Innovation

Why Blockchain has no economic future.

[expanded from the post on JohnMenadue] When Bitcoin went public in 2009 it introduced to the world of finance and economics the technology of blockchain. Even the many who thought Bitcoin would never make it as a major currency were … Continue reading

Posted in bubble, Business, Climate Change, History, Information, Innovation, IT and Internet, Political theory, Politics - national, Science, Social Policy | 12 Comments

Let’s have another World War!

Sometimes, it feels like 1910 all over again. Then, a confident Germany was the up-and-coming industrial power house, fearing an even more up-and-coming Russia, with the UK and France desperately holding on to their colonial empires. Now, a confident China … Continue reading

Posted in Bullshit, Business, Climate Change, Cultural Critique, Death and taxes, Democracy, Economics and public policy, Employment, Environment, Ethics, Geeky Musings, Gender, History, Humour, Immigration and refugees, Indigenous, Inequality, Information, Innovation, Intellectual Monopoly Privileges, Journalism, Media, Miscellaneous, Music, Philosophy, Political theory, Politics - international, Politics - national, Public and Private Goods, Race and indigenous, regulation, Religion, Science, Social, Social Policy, Society, Sport-general, Theatre, Travel | 5 Comments

Competitive neutrality in finance: an idea who’s time has come

I wrote this piece in the Guardian to keep stirring the pot on post-ideological reform, unaware that I would be outflanked and outgunned on my left by Peter Costello who wants to socialise compulsory super. #Srsly. Which bank could give Australians a better bang for their … Continue reading

Posted in Economics and public policy, Innovation | Leave a comment

Taking competitive neutrality seriously: My challenge to the PC

Reproduced from today’s  Mandarin Around the world, finance is a major policy problem driven ultimately by the ease with which insiders can advantage themselves (sometimes illegally, but mostly legally) against outsiders — the mug punters who must pay for financial services. … Continue reading

Posted in Best From Elsewhere, Cultural Critique, Economics and public policy, History, Innovation, Political theory, Politics - national | 4 Comments

Information and the structure of institutions: W. H. Hutt edition

Fredrick Hayek was onto something fundamental in stressing the centrality of information flow to economic functioning. But because his consuming passion was on the (undoubted) evils of Soviet-style central planning, ‘the market’ always figured as the deus ex machina, a kind of all-purpose get out of jail card for solving … Continue reading

Posted in Cultural Critique, Economics and public policy, Information, Innovation, Intellectual Monopoly Privileges | 11 Comments

Thoughts on Artificial Intelligence.

[Note to self. Geeks only] Over the fold I muse on the nature of human intelligence, social intelligence, and the options for artificial intelligence to become ‘smarter than humans’ in the areas of social power and law-making. It is taken … Continue reading

Posted in bubble, Bullshit, Business, Ethics, Geeky Musings, Innovation, IT and Internet, Science | 26 Comments

Latest ACMA research on kids’ TV brings no comfort to Australian Producers: By Patricia and Don Edgar

The contentious issue of obligatory quotas for commercial children’s television is now under review and has polarised the industry. The commercial networks say the quotas are no longer valid as children aren’t watching and they can no longer afford them, … Continue reading

Posted in Education, Films and TV, Innovation | 10 Comments