Gurpreet Singh: Sikh authority's call for four kids per family shows he has lost his mind | Georgia Straight, Vancouver's News & Entertainment Weekl
Wednesday, April 9, 2014
America's economic enemy: Super-low interest rates - The Term Sheet: Fortune's deals blogTerm Sheet
America's economic enemy: Super-low interest rates - The Term Sheet: Fortune's deals blogTerm Sheet
True, the Fed is not obligated to teach the nation fiscal responsibility, but it is within its power. An increase in interest rates would certainly cool down our economy in the short term, as higher borrowing costs discourage business investment, hiring, and spending. All that is temporary, however.
What will replace it is a more conservative culture of borrowing, smarter investment policies (by necessity), and intelligent spending. When money costs what it should, it will force the government, businesses, and consumers to recognize the real value of that money and cut their aspirational coat according to their financial means.
Tuesday, April 8, 2014
Defending against high-frequency attacks | Quantum Frontiers
Defending against high-frequency attacks | Quantum Frontiers
We could regulate away HFT, but we wouldn’t be able to get rid of the underlying problems people point to unless we got rid of markets altogether. As with any new industry, there are aspects of HFT that should be better monitored and regulated, but we should have level-heads and diverse data points as we continue this discussion. As with most important problems, I believe the ultimate solution here lies in educating the public. Or in other words, this is my plug for Python classes for all children!!
We could regulate away HFT, but we wouldn’t be able to get rid of the underlying problems people point to unless we got rid of markets altogether. As with any new industry, there are aspects of HFT that should be better monitored and regulated, but we should have level-heads and diverse data points as we continue this discussion. As with most important problems, I believe the ultimate solution here lies in educating the public. Or in other words, this is my plug for Python classes for all children!!
The Daily Reckoning by Bill Bonner
The Daily Reckoning by Bill Bonner
For example, most of modern economists are dead wrong about how an economy works. They think it is a simple machine; all they have to do is to adjust some knobs and levers to make it run better. If it runs too hot, they turn down the dials on fiscal and monetary stimulus. It if sputters and coughs, they turn them up But what really happens? They misinterpret...they wait too long or act too soon...and they invariably make the situation worse by sending the wrong signals at just the wrong time.
Most modern economists think the key to economic growth is consumer spending. This is obviously wrong too. It's not spending that causes prosperity, it's saving. Spending is the result of economic progress, not the cause of it. Still, they think that if they can just get the American consumer to spend money he doesn't have on things he doesn't need, somehow, the world will be a better place. The real problem now too much private sector debt in the anglo-saxon economies. But economists think they can solve the problem by adding even more debt in the public sector!
Peaches Geldof dead: 'She was the wildest, funniest, cleverest, wittiest and the most bonkers of all of us' – father Bob leads tributes to 25-year-old - News - People - The Independent
Peaches Geldof dead: 'She was the wildest, funniest, cleverest, wittiest and the most bonkers of all of us' – father Bob leads tributes to 25-year-old - News - People - The Independent
Life in the fast lane is very fast , it is very thrilling and it gives you the goose pimples .But bottom line is that it is very dangerous also.
In the fast lanes it is always the winner who takes it all the alpha male/female , well for loser frankly speaking nobody is bothered whether he/she is dead or alive.
Life in the fast lane is very fast , it is very thrilling and it gives you the goose pimples .But bottom line is that it is very dangerous also.
In the fast lanes it is always the winner who takes it all the alpha male/female , well for loser frankly speaking nobody is bothered whether he/she is dead or alive.
A Millennial's Version of "The American Dream" | Fast Company | Business + Innovation
A Millennial's Version of "The American Dream" | Fast Company | Business + Innovation
Millennials will continue to shape the consumer market for decades to come. If your company isn't staying ahead of their consumer values, you'll be left out in the cold. Instead of trying to make it work alongside the old American Dream, push forward with our generation, redefining a new dream we can all buy into.
Millennials will continue to shape the consumer market for decades to come. If your company isn't staying ahead of their consumer values, you'll be left out in the cold. Instead of trying to make it work alongside the old American Dream, push forward with our generation, redefining a new dream we can all buy into.
Nine Billion times Nine Billion | LinkedIn
Nine Billion times Nine Billion | LinkedIn
That is the way it should be 9 billion people totally engaged in producing goods/services for same 9 billion people .
Just imagine the productivity , efficiency of this model where all human and material resources on the planet gets utilized in most business minded way.
That is the way it should be 9 billion people totally engaged in producing goods/services for same 9 billion people .
Just imagine the productivity , efficiency of this model where all human and material resources on the planet gets utilized in most business minded way.
Monday, April 7, 2014
Alone in the Cosmos - The Chronicle Review - The Chronicle of Higher Education
Alone in the Cosmos - The Chronicle Review - The Chronicle of Higher Education
Our little world has become lost in an immense universe that holds more planets than there are grains in a cubic mile of fine sand. To add insult to injury, the announcement in March by the Bicep2 research group that gravitational waves were generated in the very early universe supports cosmological models in which even the most distant visible galaxies are relatively near neighbors in a possibly infinite universe—a universe that is, itself, just one component of an unimaginably vast multiverse. While half a millennium ago we thought ourselves the center of the cosmos, in the modern conception of the universe we have become less significant than microbes on a mote of dust.
Our little world has become lost in an immense universe that holds more planets than there are grains in a cubic mile of fine sand. To add insult to injury, the announcement in March by the Bicep2 research group that gravitational waves were generated in the very early universe supports cosmological models in which even the most distant visible galaxies are relatively near neighbors in a possibly infinite universe—a universe that is, itself, just one component of an unimaginably vast multiverse. While half a millennium ago we thought ourselves the center of the cosmos, in the modern conception of the universe we have become less significant than microbes on a mote of dust.
BJP Will Ban FDI In Retail But Offers Other Goodies To Business - Forbes
BJP Will Ban FDI In Retail But Offers Other Goodies To Business - Forbes
The Modi government gave Indian billionaire Gautam Adani several hundred acres of grazing land to build a port, a power plant and a special economic zone (Adani Port & Special Economic Zone) for as little as one U.S. cent a square meter (the rate maxed out at 45 cents a square meter). He in turn has sublet this land to other companies, including state-owned Indian Oil Co., for as much as $11 a square meter. Between 2005 and 2007 at least 1,200 hectares of grazing land was taken away from villagers.
While the port has become Adani’s cash cow, the company while constructing the area and the SEZ, violated multiple green rules at different points of its mammoth project–destroying mangroves, filling creeks and causing land and water degradation by dumping fly ash.
An Adaptation From ‘Flash Boys: A Wall Street Revolt,’ by Michael Lewis - NYTimes.com
An Adaptation From ‘Flash Boys: A Wall Street Revolt,’ by Michael Lewis - NYTimes.com
Technology had collided with Wall Street in a peculiar way. It had been used to increase efficiency. But it had also been used to introduce a peculiar sort of market inefficiency. Taking advantage of loopholes in some well-meaning regulation introduced in the mid-2000s, some large amount of what Wall Street had been doing with technology was simply so someone inside the financial markets would know something that the outside world did not. The same system that once gave us subprime-mortgage collateralized debt obligations no investor could possibly truly understand now gave us stock-market trades involving fractions of a penny that occurred at unsafe speeds using order types that no investor could possibly truly understand. That is why Brad Katsuyama’s desire to explain things so that others would understand was so seditious. He attacked the newly automated financial system at its core, where the money was made from its incomprehensibility.
Technology had collided with Wall Street in a peculiar way. It had been used to increase efficiency. But it had also been used to introduce a peculiar sort of market inefficiency. Taking advantage of loopholes in some well-meaning regulation introduced in the mid-2000s, some large amount of what Wall Street had been doing with technology was simply so someone inside the financial markets would know something that the outside world did not. The same system that once gave us subprime-mortgage collateralized debt obligations no investor could possibly truly understand now gave us stock-market trades involving fractions of a penny that occurred at unsafe speeds using order types that no investor could possibly truly understand. That is why Brad Katsuyama’s desire to explain things so that others would understand was so seditious. He attacked the newly automated financial system at its core, where the money was made from its incomprehensibility.
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