- Goodbye to the Age of Newspapers – I just don't buy the lament of the newspapermen. If the papers were subsidizing the collection of "real" news with ads, how sure are we that people ever wanted news? Why exactly should we believe that there ever was some public interest at heart in journalism? I'd say it's just as likely that the fragmentation of digital media, and the trend toward tabloid fluff, is an indication that nobody (or at least, not enough people) really cared about the "serious" news in the first place. Disaggregated, opinionated, (truly) non-profit journalism will certainly be different than the muckrakers, or Big Media, but it's unclear to me that it will be worse in any way for government transparency, or democratic interchange. (tagged: technology media government transparency democracy )
- The Crisis of Credit Visualized – Another great popularly accessible explanation of how we got into this mess, this time in cartoon form. Too bad there weren't any regulators in the story! (tagged: economy crisis financial animation mortgage subprime )
- Bank insolvency: tips & tricks – Never, ever, feed a zombie bank. The great thing (or, one great thing) about blogs is that you can talk about serious and technical issues, using analogies to zombies. Try that in the Economist, or the WSJ. (tagged: economics finance stimulus bailout fed banks zombie )
- Ann Druyan Talks About Science, Religion, Wonder, Awe, and Carl Sagan – Musings from Ann Druyan (Carl Sagan's partner) on how we might apply the wonder of the cosmos, as revealed by science, toward the creation of naturalist spiritual communities. (tagged: science religion sagan atheism naturalism cosmos spirituality )
- There's no reason for non-recourse – Options are valuable. That's why we have markets for them. The trillion dollars worth of non-recourse loans (cf pawnbroker) which the Fed is apparently about to offer up to the finance industry, will, because they are non-recourse, lead to a misvaluation of the assets being bought, even if they're being bought by private entities, because the penalty for non-repayment is simply forfeiting the asset (which might very well end up being worthless). The Fed is acting like a pawn shop, but a dumb one: what pawn shop in its right mind would let you exchange your cubic zirconia for half the value of a diamond? (tagged: finance economics crisis bailout fed geithner bernanke )
Tag: government
Shared Links for Sat, Feb 7th, 2009 through Tue, Feb 10th, 2009
- Thefts puncture Paris bike scheme – More of Paris' Velib bicycles are being stolen or vandalized than expected. Not sure what their expectations were, but it is pretty annoying for basically every bike in the network to have been either stolen or damaged in only 18 months. The vandalism is probably impossible to stop (since it can be carried out while the bikes are locked in their stands) but the theft should be preventable with secure stands, and aggressive enforcement of responsibility for a bike while you've got it checked out (i.e. if the bike doesn't come back, your credit card is immediately charged for the total value of the bike, or possibly even more). I also can't help but wonder if the same functionality could be implemented with much, much cheaper bikes, especially in a city as flat as Paris. Singlespeeds with fenders and a basket, maybe 100 Euros each? With an RFID tag embedded – and put all the smarts in the racks. (tagged: bicycle bike cycling transportation paris velib )
- Google Power to the People – Google developing tools to allow you to disentangle your own energy use, when the datastreams from smart meters come on line. Making this information easy to comprehend, pricing electricity to displace demand from the peak times, and allowing the largest energy users to schedule their use in an automated way could (without even changing anything physically) have a large impact on the amount of power generating capacity we (don't) need. (tagged: energy google sustainability green open data transparency )
- WattzOn and Wesabe Join Forces – This is the post that made me wish the Elevations Credit Union was more internet savvy. I want to be able to apply all these big-brotherly tools to myself! (tagged: open data transparency energy wesabe wattzon money finance )
- Numbrary – A library for numbers – mass quantities of publicly available data, mostly (entirely?) from the US Government. In a hopefully usable and searchable form. Many automatically generated charts and tables. (tagged: data transparency government statistics open )
- Mayapedal – People building useful human-powered bicimaquinas, in Guatemala, where human labor is still a common prime mover: washing machines, coffee de-pulpers, corn de-grainers, grain mills, blenders, concrete microvibrators, etc. One kind of appropriate technology. There's also some YouTube videos on them, e.g.:
http://www.youtube.com/watch?v=nrqbtUKpSjo (tagged: bicycle guatemala appropriate technology human power energy )
- Humanity In Motion – An incredible montage of what bicycles can be: safe, enjoyable, cheap, convenient, everyday transportation for young people and for old, for families, in a city largely unpolluted by the exhaust and noise of cars. (tagged: bicycle transportation amsterdam netherlands photos )