Sanduich.cl - Nuestro pan de cada día. Monkey See. Bridging the Nerd Gap — A Big Group Hug of Technology, Efficiency, and Business. Fashionably Geek — Clothing and accessories for the well-dressed geek. The Best of "Dark Roasted Blend" in 2012. Analyzing apologies in the news, media, history and literature, and pondering why they are so often horrid. Geek Art – Art, Design & Lightsabers. China news and articles. Social justice, people's life and mentality.
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Para los amantes del Comic. FormulaTV.com » Todo sobre televisión audiencias programación tv noticias series programas telecinco tve antena 3 cuatro la sexta. TheSlingshot.com. Un simple weblog. Where DIY Meets WTF. Sánguches. Buy. Collect. Obsess. 3quarksdaily. The News Vault - Unmoderated. Uncensored. News. TheCHIVE.
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Human beings make rational decisions in our considered long-term best interest. Actually, behavioral economics shows us that people almost never do this. Our decision-making systems are unpredictable, buggy and often wrong. We are easily distracted, and even more easily conned. Every time we assume that people are profit-seeking, independent, rational actors, we've made a mistake. The free market is free. The free market only works because it has boundaries, rules and methods of enforcement. Profit is a good way to demonstrate the creation of value. In fact, it's a pretty lousy method. Profit is often a measure of short-term imbalances or pricing power, not value.
I hope we can agree that a caring nurse in the pediatric oncology ward adds more value than a well-paid cosmetic plastic surgeon doing augmentations. The best way to measure value created is to measure value, not profit. Rough Type: Nicholas Carr's Blog. Random Good Stuff - Entertainment Blog. Laughing Squid. Juan freire. Geek Culture and The Joy of Tech: pretty much everything you've ever wanted. Ideas, issues, knowledge, data - visualized! Deugarte.com. Clay Shirky. Fifteen years ago, a research group called The Fraunhofer Institute announced a new digital format for compressing movie files.
This wasn’t a terribly momentous invention, but it did have one interesting side effect: Fraunhofer also had to figure out how to compress the soundtrack. The result was the Motion Picture Experts Group Format 1, Audio Layer III , a format you know and love, though only by its acronym, MP3. The recording industry concluded this new audio format would be no threat, because quality mattered most. Who would listen to an MP3 when they could buy a better-sounding CD at the record store? Then Napster launched, and quickly became the fastest-growing piece of software in history. If Napster had only been about free access, control of legal distribution of music would then have returned the record labels.
How did the recording industry win the battle but lose the war? The people in the music industry weren’t stupid, of course. But who faces that choice? Brain Pickings. Ben Casnocha: A blog about entrepreneurship, ideas, current affairs, and intellectual life. Over the past year, Felix Salmon of Reuters wrote a masterful five-part series on the economics of content online.
Worth reading for anyone interested in the topic. I link to each part below and excerpt my favorite paragraphs (all Salmon’s words, but emphases are my own). Part 1: Advertising. By Andrew Sullivan.