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Tech, Agency and Corporate Cash Tech, Agency and Corporate Cash Adam says that he is now open to the possibility that Apple’s vast cash holdings represent a Principle-Agent problem. Indeed, my claim is not even that thorough. My point is simply that many Principles misunderstand what’s going on here. It could be a classic Principle-Agent problem but my current thinking runs more like this:
Ph.D. » Blog Archive » Review of “The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger,” by Marc Levinson
Transportation Research Board - Journal Article Authors Yeganeh Mashayekh1, Paulina Jaramillo2, Mikhail Chester4, Chris T. Hendrickson3, Christopher L. Weber3 1Department of Civil and Environmental Engineering and Department of Engineering and Public Policy, Carnegie Mellon University, Pittsburgh, PA 15213-38902Department of Engineering and Public Policy, Carnegie Mellon University, Pittsburgh, PA 15213-38903Department of Civil and Environmental Engineering, Carnegie Mellon University, Pittsburgh, PA 15213-38904School of Sustainable Engineering and the Built Environment, Arizona State University, Tempe, AZ 85287 Transportation Research Board - Journal Article
Another super-slick global financial analysis firm has just tallied how much net worth is sloshing around in the pockets of the world’s most spectacularly wealthy. So when will the time finally come to stop the counting — and start the taxing? In today’s astoundingly unequal global economy, banks can go either of two routes — or both — to bag ever bigger returns. They can squeeze the 99 percent with nuisance fees and penalties. The Global Super-Rich Stash: Now $25 Trillion The Global Super-Rich Stash: Now $25 Trillion
Financial Markets

Posted by Ethan on Oct 12th, 2011 in Africa | 1 comment It’s sponsor week at the Media Lab, the semi-annual “open house” where Media Lab students and researchers share their work with the foundation and corporate folks who pay for it. It’s Joi Ito’s first sponsor week as director of the lab, and there’s an emphasis on making this week more open and visible to the outside world. César Hidalgo on personbytes and knowledge networks César Hidalgo on personbytes and knowledge networks
Digital Technology & Software

SAN DIEGO — Mexico ships televisions, cars, sugar and medical equipment to the United States. Soon, it may be sending water north. Western states are looking south of the border for water to fill drinking glasses, flush toilets and sprinkle lawns, as four major U.S. water districts help plan one of two huge desalination plant proposals in Playas de Rosarito, about 15 miles south of San Diego. Mexico's newest export to US: Water - US news - Environment - Mexico's newest export to US: Water - US news - Environment -
Spence: The Global Jobs Challenge Michael Spence: The Global Jobs Challenge, by Michael Spence, Commentary, Project Syndicate: ...The third challenge is distributional. As the tradable part of the global economy (goods and services that can be produced in one country and consumed in another) expands, competition for economic activity and jobs broadens. That affects the price of labor and the range of employment opportunities within all globally integrated economies. Subsets of the population gain, and others lose, certainly relative to expectations – and often absolutely. Spence: The Global Jobs Challenge
A Movement Too Big to Fail A Movement Too Big to Fail There is no danger that the protesters who have occupied squares, parks and plazas across the nation in defiance of the corporate state will be co-opted by the Democratic Party or groups like MoveOn. The faux liberal reformers, whose abject failure to stand up for the rights of the poor and the working class, have signed on to this movement because they fear becoming irrelevant. Union leaders, who pull down salaries five times that of the rank and file as they bargain away rights and benefits, know the foundations are shaking. So do Democratic politicians from Barack Obama to Nancy Pelosi. So do the array of "liberal" groups and institutions, including the press, that have worked to funnel discontented voters back into the swamp of electoral politics and mocked those who called for profound structural reform.
Poll results -- urban food
DIY Biotech: BioCurious Officially Opens Its Hackerspace
SEE programming includes one of Stanford’s most popular engineering sequences: the three-course Introduction to Computer Science taken by the majority of Stanford undergraduates, and seven more advanced courses in artificial intelligence and electrical engineering. Introduction to Computer Science Artificial Intelligence Linear Systems and Optimization Additional School of Engineering Courses To learn about taking engineering courses online for Stanford graduate credit, please visit the Stanford Center for Professional Development. School of Engineering - Stanford Engineering Everywhere School of Engineering - Stanford Engineering Everywhere
Summary of a talk by Indian economist Shakti Maira: “There are many reasons to be excited about India at the moment, but its extension of the ’same old resource intensive and consumption addicted’ model of growth is not one of them. India remains wedded to the Washington Consensus and the aspirations Galbraith identified in The Affluent Society (1958) ‘more elegant cars, more exotic food, more erotic clothing, more elaborate entertainment’. Ending the Beauty Deficit Disorder of Neoclassical Economics Ending the Beauty Deficit Disorder of Neoclassical Economics
For a return to a humanist, peer to peer, bio-architecture and urbanism In the first part of this article in Shareable, Nikos Salingaros and Michael Mehaffy analyze what is wrong, epistemologically and culturally, with the current urbanistic and architectural practices that often create ‘bio-pathic’ living spaces. In the second part, which we are excerpting below, the authors examine the positive alternative. “The desires and gut reactions of the community are the very essence of a great, living city, as opposed to a banal and dysfunctional one. The dysfunction of such image-based urban places — sadly all too common in the post-war era — is what has sent many people fleeing for the suburbs, with their simplistic ideas of retreat into a private garden. For a return to a humanist, peer to peer, bio-architecture and urbanism
Tim Rayner on the characteristics of #OccupyWallStreet as a swarm movement “OccupyWallStreet is not a political movement in the traditional sense. It is a countercultural swarm. We need to see it as a swarm to understand why people are drawn to it, and what makes it the most important political force on the planet today. The traditional job of social movements is to present a collective challenge to political institutions in the name of freedom, justice, or rights.
“Where is this Metamovement going? When there are no cohesive goals, demands, or measures of success, can the Metamovement ‘succeed’? The real purpose of the Metamovement, at least in North America and perhaps Europe, is not to get the corrupt political and economic corporatist 1% to cede power, or to reform itself, or to compel political leaders to dismantle it or tax it fairly or reform it on threat of replacing them with leaders who will. Only the hapless Tea Party faction of the Metamovement is naive enough to believe that can or will happen. Dave Pollard on the long term prospects of the ‘metamovement’
Paul Krugman: Losing Their Immunity
How Occupy Wall Street Really Got Started Imago/; Radko Keleman/; Maxppp/; Carolina Georgatou/Flickr Months before the first occupiers descended on Zuccotti Park in lower Manhattan, before the news trucks arrived and the unions endorsed, before Michael Bloomberg and Michael Moore and Kanye West made appearances, a group of artists, activists, writers, students, and organizers gathered on the fourth floor of 16 Beaver Street, an artists' space near Wall Street, to talk about changing the world. There were New Yorkers in the room, but also Egyptians, Spaniards, Japanese, Greeks. Some had played a part in the Arab Spring uprising; others had been involved in the protests catching fire across Europe. But no one at 16 Beaver knew they were about light the fuse on a protest movement that would sweep the United States and fuel similar uprisings around the world.
This past weekend, in 900 cities across the world, tens of thousands demonstrated against unregulated capitalism. Something fascinating is growing, and by the time it ends, I suspect, politics will be different in the United States and a lot of other places as well. In a great many countries, especially in the West, the political grass is dry. Huge numbers of young people are unemployed, governments are launching harsh and unpopular austerity programs, and the financial elites responsible for the global economic meltdown have almost entirely escaped justice. Millions of articulate, educated, tech-savvy people are enraged and desperate. Occupy Protests’ Seismic Effect
15 Facts About Military Spending That Will Blow Your Mind As the economy has tanked, the banks have been bailed out, and America lost its jobs, the defense budget continues to grow. For the past 13 years U.S. military spending has increased 114 percent. That's 8 percent higher than at the height of Reagan's presidency and the Cold War. The money is used to buying sophisticated weapons that often don't make it into production, and when the do they're expensive to maintain. The U.S. must spend a full 1 percent of its GDP just to maintain its arsenal.
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