economy

The Conjuring of Intangible Values

October 22, 2014

My prior post “The Tale of Two Cities” demonstrates that the intangible social value conjured into existence by the bridge that connects two fair cities far exceeds the ‘tangible’ value of that bridge.  Yet, only the tangible value of the bridge is accounted for on a balance sheet such as GDP. The Conjuring of Intangible […]

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What EVERY Engineer Must Know About Bitcoin

April 24, 2014

A bitcoin (lowercase b), as a currency, has several flaws that will continue to limit its ability to replace money as we know it.  There are millions of words published on the subject, so I’ll leave it to the reader to assess arguments on both sides.  However, Bitcoin (upper case B) as a “protocol” for […]

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The Wall Street Hack

August 25, 2012

Innovation is a magic word. The hack is true to the Wall Street math as well as American culture. Anyone running for public office would not attack the proposition of an innovation backed currency. Therefore, the hack will not trigger an antigen.

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The All You Can Eat Option

May 9, 2012
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These strategies are commonplace on Wall Street but a statistical construct for their deployment on Main Street may be emerging. New “platforms” will arise which produce and aggregate data in the right format to support an options type of instrument for the trade or exchange of any number of goods and services in a non-cash environment.

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The Science of Change

October 17, 2011
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The key is that we need to change ourselves. We need to transform, not them. We don’t need to occupy Wall Street, we simply need to occupy Main Street because that is where they occupy us.

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The Game and The Counter-Game

July 7, 2011
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The Value Game does not kill the Financial Game, rather, it challenges, corrects, and improves it. The Value game has reached a critical milestone – it has been funded in dollars by investors.

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Outsourcing Fail

September 28, 2010
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If you take away one of the components, the others become worthless. If you destroy one component, the entire structure could fail.

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The Innovation Banker

September 22, 2010
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Together with the financial banking, these two system engage in the dance of the virtuous circle of innovation enterprise. Apart, they collapse into the swirling cesspool of eternal debt and infinite interest (pun intended).

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How Obama Will Save The World

September 16, 2010

Through some secret signal, all of the World’s money barons will come together and agree to simultaneously lop off three zeros (000) from all financial balance sheets. This will effectively reboot the world economy.

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What’s Your Cut of the $5 Trillion Knowledge Economy?

September 3, 2010

Your knowledge and experience also helps others predict what preferences you may have and what decisions you may make. Corporations, advertisers, banks, insurance companies, and politicians all want to know this and they will go to extreme and expensive measures to get it – why not just sell it to them?

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