Publications · Sustainable Development Commission Our economy is geared, above all, to achieving growth. In times of recession especially, economic policy is all about returning to growth. But a financial crisis can also be an opportunity for some basic rethinking about what the economy is for, and how through some fundamental restructuring of our financial system we can safeguard our economic stability in the future, as well as achieving wider social and environmental benefits. In recent years, other objectives such as sustainability and wellbeing have moved up the political agenda. Over two years, the SDC's Redefining Prosperity project looked into the connections and conflicts between sustainability, wellbeing and growth.
Here’s an interesting indicator: it’s called the Surprise Index. Calculated by the economists at MFC Global Investment Management, it quantifies in one measure the extent to which U.S. economic indicators exceed or fall short of consensus estimates. An economic report with better-than-expected news is assigned a value of 1; a report with worse-than-expected news is assigned a value of -1; a report meeting expectations gets a 0 value. Add up the values of the reports for the week, and you have the Surprise Index’s reading for that week. The indicator is published on the second page of MFC Global’s weekly Market Commentary. Upward momentum in the index (which would arise if economic reports increasingly exceeded on the upside) could, in theory, foreshadow a rebound in the economy; vice versa for downward momentum. The Surprise Index - What Does It Measure? -
An anatomy of Asian economic woes | Troubled tigers | The Econom
Poking Holes In The Long Tail Theory Just because the Internet makes it possible to offer a near-infinite inventory of goods for sale does not mean that consumers will start wanting more obscure items in any great numbers. That is the conclusion Harvard Business School associate professor Anita Elberse comes to in a recent article in the Harvard Business Review that takes on some of the sacred cows of the Long Tail theory. The Long Tail is Wired editor Chris Anderson’s theory (based on an article and resulting book of the same name) that as it becomes easier to distribute a wider variety of items, consumers will venture down the long tail of the distribution curve and find the products that exactly match their interests and idiosyncratic needs. Elberse questions this notion: Is most of the business in the long tail being generated by a bunch of iconoclasts determined to march to different drummers? The answer is a definite no.. . .
An explanation on why people hate capitalism Back to Rants and Raves Why People Hate Capitalism By Bruce of Stone Marmot June 27, 2008 Capitalism is the most democratic economic system there is, for every time you spend a dollar, or refrain from spending a dollar, you are casting a vote.
[qi:078] Jason Calacanis launched yet another discussion of the future of the web with his official definition of web 3.0, in which web 2.0 cake is spread with a liberal frosting of people, but not just any people — “gifted” people. Aside from its introduction of magnet-school speak into tech talk, this definition is curious in that it mentions layering. But the web is a network, or as some gifted people already knew, a “graph.” The web is less a cake needing frosting than a stew mixing everything together, allowing for the possibility of any one ingredient touching another. digg Today’s version of the web, whatever you want to call it, is notable because people and hardware and information and software and conversation are all mixed together into a hyperconnected network. Blog Archive From The Information Age To The Connected Age «
Open money is a means of exchange freely available to all. Any community, any association - indeed, any body - can have their own money. Open money is synonymous with LETS - an invitation to come inside and play, as in open door and open house; collaboration as in open hand and open for all; attitude as in open mind. The purpose of the open money project is to bring together and organize the people and resources necessary for the development and propagation of open money everywhere. The open money project remains a work in progress - a continuation of almost 25 years of LETSystem and community currencies development all over the world, two community way projects in Canada using smart cards, the Japan open money project, and, most recently, a community currencies services provider - ccsp.
Welcome To ZNet
Here we are at the end of another year. For me, 2010 passed by like a closed rest step on the side of the highway when you really need a place to pull over and stretch your legs and contemplate the next part of your journey. There is good news, though, fellow journalists. The front lines (and the guerrilla war behind enemy lines) are both going well as people begin to wrestle power from the corporate Overlords.....Wait. It’s the end of 2010.
Digg Bookmarklet for Firefox I have talked in length about how del.icio.us and furl bookmarklets can be improved - now I want to talk about another similar service that don't even provide a bookmarklet. I am talking about Digg. Okay, I know that Digg is not a social bookmarking site - but it is a site to which you can submit URLs with it's title and description. So the same kind of bookmarklets can be used here too. With that in mind, I will try to create the 'perfect' Digg bookmarklet.
Government failure (or non-market failure) is the public-sector analogy to market failure and occurs when government intervention causes a more inefficient allocation of goods and resources than would occur without that intervention. In not comparing realized inadequacies of market outcomes against those of potential interventions, one writer describes the "anatomy" of market failure as providing "only limited help in prescribing therapies for government success." Overview An early use of "government failure" was by Ronald Coase (1964) in comparing an actual and ideal system of industrial regulation: Government failure
Thomas Homer-Dixon At this web site you’ll find information about my background, teaching, research, and writing. The site includes some of my writings as well as a Forum where we can discuss issues of common interest. If you’d like to receive my newsletter, just enter your email address in the box at the bottom of the page.
By: John Mauldin | Fri, Nov 17, 2006 This week I am in New Orleans at the annual New Orleans Investment Conference and quite frankly with so many good friends that I have given myself permission to not write a letter this week. But you will be getting an even better writer than me for this week's letter. I arranged for good friend Gary Shilling to condense his 40 page letter on the housing market for you. While this letter will print long (for those of you who print the letter out), it is mostly charts, which Gary excels in. Safe Haven | The Coming Collapse in Housing
Sun, 08 Nov 2009 00:46:19 “Priced and Unpriced Online Markets" by Harvard Business School professor Benjamin Edelman. Discusses tradeoffs in market such as email, IP addresses, search and dial-up Internet. "Reminiscent of the old adage about losing money on every unit but making it up in volume, online markets challenge norms about who should pay, when, and why." I found this typically academic: dated, dry and pretty unilluminating. But it got published in The Journal of Economic Perspectives. The Long Tail: More on the Economics of Abundance
Punctuated Equilibria Outline 0. Foreword
Nordic Culture & Sweden will be the first Von einer Kreuzfahrt träumt wohl so mancher Mensch, aber nicht jeder möchte gleich eine ganze Woche oder länger auf einem Schiff verbringen. Vielleicht möchte man auch erst einmal die eigene Seetauglichkeit testen. D... Sie gilt als die schönste Seereise der Welt, die Hurtigruten entlang der norwegischen Küste von Bergen bis Kirkenes.
What Everyone Should Know About Economics and Prosperity by James D. Gwartney and Richard L. What Everyone Should Know About Economics
The Wealth of Networks: How Social Product
Polyconomics Economic Forecasting Financia
Parable of the broken window - Wikipedia,
Of the worlds 100 largest economic entitie
Objective Economics - Economics differs fr
Introduction to Economic Analysi
Economic models | Big questions and big nu
Economics in Six Minute
Death and Taxes 2007 Edition: Available No
David Levines Economic and Game Theory Pag
Commanding Heights : Jeffrey Sachs | on PB
Finance for Physicists
Paying the top DIGG/REDDIT/Flickr/Newsvine users (or "$1,00
What Happens When the Economics of Scarcity Meets the Economics
The Moral Basis of Capitalism :: The Center for the Advancement
Big Government Solutions Don't Work/ The Law of Opposites b
The Elaboration Likelihood Model: Why People Won't Switch -
Portals: Success, greed in the new economy of web point payouts
Information Markets » About CrowdIQ
Digg: A Lesson in Freakonomics : Business, Technology, and Stuff
PART I:Ten Key Elements of Economics