Category Archives: Information

The free rider problem – and opportunity: you heard it first at Troppo

Well I’ve been going on and on about it, but here’s an academic paper contrasting the free rider problem and opportunity. Knowledge Properties and Economic Policy: A New Look By Antonelli, Cristiano (University of Turin) This paper explores the full range of … Continue reading

Posted in Economics and public policy, Information, Intellectual Monopoly Privileges, Intellectual Property, IT and Internet | 1 Comment

Scaleability and the knowledge economy: or the micro-economics of hyper-bullshit

One of the central contemporary critiques of the industrial revolution was its undermining of crafts and craftsmanship. Today this is happening within the world of ideas. And at least right now, it’s looking like this is not a very happy development. … Continue reading

Posted in Bullshit, Economics and public policy, Information, Innovation, IT and Internet | 6 Comments

Open government: Such, such were the joys

A quick placeholder for something more substantial hopefully soon. Have a look at this ridiculous letter in response to a request to see a copy of the independent scoping study into future ownership options for the ASIC Registry. Judging by other experiences I’m aware … Continue reading

Posted in Democracy, Information | 11 Comments

Could sortition help against corruption, part II

In part 1, I looked at whether it made sense to have random individuals inserted into parliament, or to let policies be decided by juries full of randomly chosen individuals. Both were argued to be unworkable and likely to lead … Continue reading

Posted in Cultural Critique, Democracy, Economics and public policy, Education, Ethics, History, Information, IT and Internet, Journalism, Law, Libertarian Musings, Life, Miscellaneous, Philosophy, Political theory, Politics - national, Print media, regulation, Social Policy, Society, Web and Government 2.0 | 13 Comments

People from the wrong side of the tracks disadvantaged in job market: SHOCK!

Family Descent as a Signal of Managerial Quality: Evidence from Mutual Funds by Oleg Chuprinin, Denis Sosyura – #22517 (LS) We study the relation between mutual fund managers’ family backgrounds and their professional performance. Using hand-collected data from individual Census records on … Continue reading

Posted in Cultural Critique, Economics and public policy, Education, Ethics, Inequality, Information | 2 Comments

Markets, supply chains, brains and human services

Below is an essay by me and Chris Vanstone (Chief Innovation Officer of The Australian Centre for Social Innovation (TACSI) published in two parts by The Mandarin. Devoutly confessing that you do not know is better than prematurely claiming that you … Continue reading

Posted in Cultural Critique, Economics and public policy, Information, Philosophy, Political theory, Social Policy | 9 Comments

Power, understanding and knowledge

I’m wondering why the facts and ideas generated in the abstract below aren’t higher up the order of proceedings in such things as teaching the economics of industrial organisation, the economics of information. What Hayekian has focused on this? Pathetic that I’ve not … Continue reading

Posted in Cultural Critique, Democracy, Economics and public policy, Information, Philosophy, Political theory | 2 Comments