Cyberlaw Clinic Peak Employment What is ‘Peak Employment’ ? Peak employment is the theory that due to factors such as efficiency, driven by technological innovation, and demand, developed economies may have already passed beyond the highest point of employment and that from this point onwards employment will continue to fall and unemployment inexorably rise causing increased social tension. There is plenty of evidence to support this theory but before looking at the situation now it would be wise to look first at a similar period of dramatic technological change two hundred years ago, and try and understand why the Luddites, who opposed industrial progess were wrong and take it as a small warning against making similar mistakes. It is almost exactly two hundred years since the Luddites were founded (1811) as a reaction to the Industrial Revolution sweeping Great Britain. Today they are thought of simply as technophobes but their concerns were genuine, even if their methods were shortsighted and ultimately futile.
GNU Telephony From GNU Telephony GNU Telephony is a project to enable anyone to use free as in freedom software for telephony, and with the freedom to do so on any platform they choose to use. We also wish to make it easy to use the Internet for real-time voice and video communication, and in fact for all forms of real-time collaboration. How you can participate We are running a generally open wiki for this project. Project Status GNU SIP Witch is a secure peer-to-peer VoIP server that uses the SIP protocol. GNU Bayonne is the telephony server of GNU Telephony and the GNU Project. How we license our code In GNU Telephony we generally license under the GNU GPL version 2 or later.
Patent Law Blog (Patently-O): Guest Post by Paul Cole of the UK firm of Lucas & Co. According to BBC News last Friday, Apple has succeeded in the German courts in enforcing a patent for a user interface feature for its mobile devices. The ruling demonstrates the value of European patents for "software" inventions where a "technical" effect can be demonstrated. The claims in the granted patents and the problems that they solve provide insight about what features of a user interface might be regarded as "technical" by the EPO. The advantages to a software developer of being able to patent innovative interface features that are important to the "look and feel" of the device and the software running on it are self-evident. The affirmed patent is EP-B-1964022 which relates to the "slide to unlock" feature found in iPhones. A copy of the decision is not yet available online, but study of the online file of the European patent application (which was not opposed after grant) is instructive.
pensionlawyerblog The GNU Operating System The IPKat How central banks contributed to the financial crisis Even before the crisis, there were some who stressed that monetary policy should keep an eye on asset bubbles and the growth of credit. This column argues that the policy of inflation targeting, used widely in the 1990s and 2000s, did indeed lead to excessive credit growth that eventually bred financial instability. As numerous studies over the last two decades have shown, interest rate policies of a large number of central banks can be explained by the so-called Taylor Rule. According to this rule, which is consistent with inflation targeting, the policy rate is determined by a neutral real rate, the target inflation rate, the output gap, and the deviation of inflation from the target (or expected) rate. There is no room for financial variables, such as money, credit, or asset prices, in this policy rule. To see this, assume that all spending is credit financed. We have called the change in debt (or the change in credit growth) the 'credit impulse'. Figure 1. Figure 2. Figure 3.
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