Category Archives: Information

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 | 9 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

The #MeToo moment: another disaster for the Democrats?

The #MeToo flood of stories of women who feel abused by men – ranging from lurid stares to straightforward rape – seems like a disaster to me for the Democrats. Not because of the stories themselves, but because of how … Continue reading

Posted in bubble, Bullshit, Cultural Critique, Gender, Health, Humour, Information, IT and Internet, Law, Libertarian Musings, Life, Media, Miscellaneous, Philosophy, Religion, Social | 18 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 | 10 Comments

Some Game of Thrones Season 8 speculation

Let me indulge, purely for entertainment value, in some fan-speculation on what we will see on-screen after the Long Night is over and the final 6 episodes Of Game of Thrones are run in 2019. Let me first talk about … Continue reading

Posted in Art and Architecture, bubble, Bullshit, Climate Change, Cultural Critique, Dance, Death and taxes, Democracy, Economics and public policy, Education, Employment, Environment, Ethics, Films and TV, Food, Geeky Musings, Gender, Health, History, Humour, Immigration and refugees, Indigenous, Inequality, Information, IT and Internet, Journalism, Law, Libertarian Musings, Life, Literature, Media, Medical, Metablogging, Miscellaneous, Music, Parenting, Personal, Philosophy, Political theory, Politics - international, Print media, Products, Public and Private Goods, Race and indigenous, regulation, Religion, Review, Science, Social, Social Policy, Society, Space, Sport-general, Startup, Terror, Theatre, Travel, Uncategorised, Uncategorized, WOW! - Amazing | 2 Comments

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 | 8 Comments