Menu

Blog

Archive for the ‘economics’ category: Page 209

Jun 3, 2015

Elon Musk Rebuffs Critics with Fundamentals

Posted by in categories: business, economics, environmental, government, innovation, policy, science, solar power, space, transportation

images

“If he was paid by the oil and gas industry lobby he couldn’t have written a more favorable article for them.”—Elon Musk

Video & Article on Criticism about Incentives

Jun 2, 2015

The Arctic’s Internet Is So Expensive That People Mail the Web on USB Drives — Via Motherboard

Posted by in categories: business, computing, economics, finance, governance, hacking, policy, strategy

Unknown

“Canada’s domestic digital divide, with the North as its epicenter, has been a point of growing concern over the last several years. Much of the internet in the northernmost regions of the country is still beamed down by satellites, but a plan to link Europe and Asia with fiber optic cable via Nunavut is currently being negotiated by a Toronto-based company called Arctic Fibre.”

Read more

May 29, 2015

New York State Governor Cuomo Announces Living Breakwaters Project Launch via bfi.org

Posted by in categories: architecture, economics, education, energy, engineering, environmental, governance, government, policy, water

https://vimeo.com/91648619

“Living Breakwaters is a comprehensive design for coastal resiliency along the Northeastern Seaboard of the United States and beyond. This approach to climate change adaptation and flood mitigation includes the deployment of innovative, layered ecologically-engineered breakwaters, the strengthening of biodiversity and coastal habitats through “reef streets”, the nurturing and resuscitation of fisheries and historic livelihoods, and deep community engagement through diverse partnerships and innovative educational programs. The transformative educational dimension amplifies impact to the next generation of shoreline stewards while leveraging the expertise of the members of the SCAPE Architecture team, who are making groundbreaking inroads into state and federal agencies, setting new precedents for multi-layered and systemic approaches to infrastructure planning.”

LINK: Governor Cuomo Announces Living Breakwaters Project Launch

May 28, 2015

Increase Gas Tax as Cartel Price Rises

Posted by in categories: economics, energy, geopolitics, transportation

It’s been awhile since the cost of gasoline topped $4 in the U.S. The national average hit $4.11 on July 11, 2008 and came close in May 2011 at $3.96. On New Years Day 2015, I drove through the night from Chicago to Boston. Despite the cold weather, the economics of fuel made it the best day for a road trip in years. I bought gas at a Pilot service station just off the Ohio Turnpike at $1.92/gallon. For me, it seemed like a bargain. Yet, 23 states charge less for gasoline than Ohio.

gas_price_2014-2015Now, at the end of May 2015, gas is rebounding from that low. Drivers on Memorial Day weekend faced the highest cost for gasoline of the year so far.

It’s tempting for politicians to advocate using tax breaks to smooth price spikes. With energy often surpassing the expense of food and rent and with so many individuals using fuel to make a living, reducing user fees or taxes during periods of very high fuel cost seems like the humane thing to do.

It seems humane, but it has the opposite effect. In fact, it is deeply punitive! That’s because the cost of gas is not an act of nature, nor even of free market economics. It is a product of cartels, special interests, conflict and FUD (fear, uncertainty and doubt). Offering relief during price spikes sustains demand while doing absolutely nothing to increase supply. This, in turn, exacerbates the spike, creates shortages for critical services and transfers enormous sums of money from consumers to producers. In effect, it is a free gift for producer nations.

Continue reading “Increase Gas Tax as Cartel Price Rises” »

May 27, 2015

MIT’s President: Op-ed on Innovation

Posted by in categories: business, disruptive technology, economics, education, finance, government, innovation, policy, science, strategy

al_Life_Tech_Tips_Double_Layer_Passwords-03c11

“[T]he United States needs a more systematic way to help its bottled-up new-science innovators deliver their ideas to the world.”

A better way to deliver innovation to the world

May 26, 2015

Could Bitcoin be Dethroned by an Altcoin?

Posted by in categories: bitcoin, cryptocurrencies, disruptive technology, economics, encryption

Cryptocurrency aficionados have been discussing Bitcoin limitations ever since the blockchain buzz hit the street. Geeks toss around ideas for clearing transactions faster, resisting potential attacks, rewarding miners after the last coin is mined, and supporting anonymity (or the opposite—if you lean toward the altcoinsdark side). There are many areas in which Bitcoin could be improved, or made more conducive to one camp or another.

Distinguished Penn State professor, John Carroll, believes that Bitcoin may eventually be marginalized due to its early arrival. He believes that its limitations will eventually be overcome by newer “altcoins”, presumably with improved mechanisms.

So, does progress in any of these areas threaten the reigning champ? It’s unlikely…

Andreas-transparentMore than any other individual, Andreas Antonopoulos is the face of Bitcoin. We discussed this very issue in the outer lobby of the MIT Bitcoin Expo at which he was keynote speaker (March 2015). Then, we discussed it again, when I hosted his presentation at The Bitcoin Event in New York (also in March). He clearly and succinctly explained to me why it is unlikely that an altcoin will replace Bitcoin as the dominant—and eventually surviving—cryptocurrency

Continue reading “Could Bitcoin be Dethroned by an Altcoin?” »

May 20, 2015

World Economic Forum 2015 The Human Capital Report

Posted by in categories: big data, business, complex systems, defense, economics, education, governance, government, information science, innovation, law, policy

Human Capital Report 2015 WEF

May 13, 2015

There’s an Uber for Everything Now — Geoffrey Fowler | The Wall Street Journal

Posted by in categories: business, economics, innovation, internet, mobile phones

“Can tech companies really offer better experiences than the taqueria, flower shop or dry cleaner down the street, while taking a cut for themselves? Not necessarily. Quality control is a challenge when the supervisor is just software.

Read more

Apr 18, 2015

Game-Changing Technologies

Posted by in categories: augmented reality, disruptive technology, economics, space

Game-changing technologies can be a waste of money or a competitive advantage. It depends on the technology and the organization.

It seems like the term “game-changing” gets tossed around a lot lately. This is particularly true with respect to new technologies. But what does the term mean, what are the implications, and how can you measure it?

With regarding to what it means, I like the MacMillan dictionary definition for game-changing. It is defined as “Completely changing the way that something is done, thought about, or made.” The reason I like this definition is it captures the transformational nature of what springs to mind when I hear the term game-changing. This should be just what it says. Not just a whole new ball game, but a whole new type of game entirely.

Every industry is unique. What is a game-changer for one, might only be a minor disruption or improvement for another. For example, the internal combustion engine was a game-changer for the transportation industry. It was important, though less of a game-changer for the asphalt industry due to secondary effect of increased demand for paved roads.

Continue reading “Game-Changing Technologies” »

Apr 14, 2015

Galactic Public Archives Presents: “New Narratives: Innovation for Jobs” the series

Posted by in categories: biotech/medical, business, economics, education, engineering, environmental, futurism, government, innovation, robotics/AI, sustainability

‘New Narratives: Innovation for Jobs’ is a series by i4j (Innovation for Jobs) and the GPA exploring perspectives on important topics that will impact the future of work, jobs and employment.

About i4j: (iiij.org/i4j) Innovation for Jobs conferences bring together individuals from the public and private sectors to discuss the changing economy. “We engage in initiatives creating structures for developing shared language across silos. The starting point for any innovation is the creation of shared language, enabling stakeholders and change agents to interact horizontally.”

This film was created at the Mountain View 2015 i4j Conference. What are your hopes and fears about the future of meaningful work?

Continue reading “Galactic Public Archives Presents: "New Narratives: Innovation for Jobs" the series” »