Distributed economy
Distributed economies (DE) is a term that was coined by Allan Johansson et al. in 2005.[1] Definition[edit] There is no official definition for DE, but it could be described as a regional approach to promote innovation by small and medium sized enterprises, as well as sustainable development. The concept is illustrated in the figure below, that shows centralised, decentralised and distributed economies respectively. Different types of economies
Amazing Places To Experience Around The Globe (Part 1)
98 Flares Facebook 13 Twitter 15 Google+ 60 StumbleUpon 0 Pin It Share 10 10 98 Flares × Kayangan Lake, Coron islands, Palawan, Philippines Preachers Rock, Preikestolen, Norway Blue Caves – Zakynthos Island, Greece Skaftafeli – Iceland
The Problem of Economic Calculation - Ludwig von Mises
Since recent events helped socialist parties to obtain power in Russia, Hungary, Germany and Austria, and have thus made the execution of a socialist nationalization program a topical issue, Marxist writers have themselves begun to deal more closely with the problems of the regulation of the socialist commonwealth. But even now they still cautiously avoid the crucial question, leaving it to be tackled by the despised "Utopians." They themselves prefer to confine their attention to what is to be done in the immediate future; they are forever drawing up programs of the path to Socialism and not of Socialism itself. The only possible conclusion from all these writings is that they are not even conscious of the larger problem of economic calculation in a socialist society.
Marginal Revolution
Going as far back as Andrew Weiss’s survey paper , there are various attempts to argue that the two theories make the same predictions about earnings and education. A randomly elevated individual will earn more money but is this from having learned more or from being pooled with a more productive set of peers? To explore this, let’s pursue the very good question asked by Bryan Caplan : Our story begins with a 22-year-old high school graduate with a B average. He knows an unscrupulous nerd who can hack into Harvard’s central computer and give him a fake diploma, complete with transcript.
Ecological Economics : A typology for the classification, description and valuation of ecosystem functions, goods and services
SPECIAL ISSUE: The Dynamics and Value of Ecosystem Services: Integrating Economic and Ecological Perspectives a International Center for Integrative Studies (ICIS), Maastricht University and Environmental Systems Analysis Group, Wageningen University, PO Box 616, NL-6200 MD Maastricht, The Netherlandsb Center for Environmental Studies, Institute for Ecological Economics, University of Maryland, USA Available online 9 May 2002
Street Sweep - Fortune Finance: Hedge Funds, Markets, Mergers & Acquisitions, Private Equity, Venture Capital, Wall Street, Washington
Apparently Bernie Madoff wasn't the only bad apple at Nasdaq. In the latest shining moment for the U.S. stock exchanges, the Securities and Exchange Commission on Thursday charged Donald Johnson, a former Nasdaq managing director, with ripping off investors to the tune of $755,000 by insider trading ahead of the release of corporate press releases. Johnson, you will be impressed to learn, was in charge through October 2009 of the Nasdaq's "market intelligence" desk, which is surely a misnomer but seems in any case to have afforded him with a lot of info he used to trade profitably on outfits like United Therapeutics (UTHR). Fearless leader The SEC has come under heavy fire in recent years for its failure to nab Madoff, a three-term Nasdaq chairman in the 1990s, before he frittered away $20 billion in the biggest-ever Ponzi scheme.
Unfluence
The Unfluence site constructs maps of the funding relations between groups of candidates and donors. The data comes from candidates' required disclosures, collected and made available to the public by the National Institute on Money in State Politics (NIMSP). The basic idea is to help people understand the context of political giving, and the relative positions of various candidates in terms of who is paying for their campaign.
Magazine - Table of Contents
The Thirteenth Amendment forbade slavery and involuntary servitude, “except as punishment for crime whereof the party shall have been duly convicted.” Crops stretch to the horizon. Black bodies pepper the landscape, hunched over as they work the fields. Officers on horseback, armed, oversee the workers.
Visualising traffic on img.ly
During Nodecamp 2011, the members of 9elements - a small company dedicated to web applications - were eager to present a live tracker built with node.js. Inspired by Paul Butler's Facebook Map, the team decided to go with data from img.ly, a popular social photo sharing service that happens to be the image service of Twitterrific. The visualization they ended up creating shows the live activity of visitors on img.ly as a series of dynamic arcs across the globe. Each arc starts with the location of the visitor and ends with the location of the image the visitor is looking at.
MITx Opens for Enrollment (and Certification - For Now - Is Free)
MIT opens registration today for the first of its online courses offered as part of its new MITx initiative. The university announced MITx late last year as the next step not just in informal online learning but in alternative certification. Registration for MITx is free and open to anyone, and for this first "prototype" class, there is no additional charge to receive the certification upon successful completion of the class.
Global Pulse
Twitter is a remarkable tool to analyze information diffusion, and investigate social patterns and trends. In June 2011, Abdur Chowdhury and his team at Twitter posted a few visualization experiments covering the volume and worldwide scale of Twitter messages during the devastating earthquake in Japan on March 11. As they stated on the original post: "During major events, people use Twitter to share news and thoughts with friends, family and followers around the world.
