Browsing All Posts filed under »Uncategorized«

339 – Internet’s silent and hidden effects

August 25, 2015 by

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Conviction without experience makes for harshness Flannery O’CONNOR The internet is an enabler. Arguably, the internet has been the most transforming event in the last thousand years – akin, in its impact, to writing, or the domestication of the horse. The horse enabled large-scale herding and nomadism. It was a new and great way of […]

338 – “NATO’s” puzzling bafflement

August 20, 2015 by

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In a well-argued article in the current New York Review of Books,[1] an Anonymous author – formerly with NATO) laments: “It is not clear whether our culture can ever develop sufficient knowledge, rigor, imagination, and humility to grasp the phenomenon of ISIS. But for now, we should admit that we are not only horrified but […]

337 – Democracy and Inequality

August 9, 2015 by

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“Do good institutions—democracy and the rule of law—promote growth? Or are good institutions only made possible by the prior development of a thriving economy?” Joseph Ober, in the current issue of Foreign Affairs, asks this question anew and comes down clearly on the side of “good institutions.” Around 800 BC, Greece was a poor region, […]

336 – China’s Great SSE Wall

July 14, 2015 by

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(A 9000 km long analogy) Recently, the stock exchanges of China, first among them the SSE (Shanghai Stock Exchange), took a bad fall: 2015 – Performance of SEE Source: http://on.ft.com/1MqNG2p The Chinese government intervened to stem the downside slide: “The securities regulator also made a mistake by treating the stock market index as if it […]

335 – A dashing humanitarian mission

July 8, 2015 by

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Khiva is a town in the western province of Khorezm in the Republic of Uzbekistan. Along with Samarkand and Bukhara to Kiva’s south, the town is an important and often overlooked historical site on what was once the Great Silk Road. Up to 1873, Khiva was the capital of the Khanate of Khiva surrounding the […]

334 – Do we have a moral obligation to save wild bees?

July 7, 2015 by

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“In a new study, scientists show that 80% of crop pollination across five continents is carried out by just 2% of all wild bee species in the areas they studied.”[1] The other 700, rarer species have a marginal function.[2] As matters stand, these strains won’t easily survive in contemporary agricultural landscapes. If nothing is done, […]

333 – EU and Greece: would game theory have helped?

July 1, 2015 by

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Greece’s finance minister Yanis Varoufakis has written books on game theory and “conflicts in economics.”[1] Does this qualify him as a skillful negotiator? Leaving aside the fact that he also qualifies himself as “libertarian-Marxist” – an oxymoron – I remain skeptical about the connection. In game theory, the possible outcomes are defined, certain, final and […]

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