13 MAR 2015 by ideonexus

 Phonetic Spelling Saves Time and Effort Through Fewer Let...

Simplified spelling means shorter spelling. Of the 32 Rules printed in Part 3 of this Handbook, 27 drop letters from words as now speld; 3 involv trans- positions of letters to reconcile conflicting analogies; and 2 involv substitutions of one letter for another, with the same object. In no instance has the Board recommended a change involving the addition of a let- ter to a word. Further simplifications wil result in fur- ther abbreviations. A completely fonetic sistem of notation, ...
  1  notes
 
13 FEB 2015 by ideonexus

 Bypass Traditional Media to Avoid Divisions

There's no incentive for most members of Congress, on the House side at least, in congressional districts, to even bother trying to appeal. And a lot of it has to do with just unlimited money. So people are absorbing an entirely different reality when it comes to politics, even though the way they're living their lives and interacting with each other isn't that polarizing. So my advice to a future president is increasingly try to bypass the traditional venues that create divisions and try to...
Folksonomies: new media
Folksonomies: new media
  1  notes
 
19 DEC 2014 by ideonexus

 How the Finance Industry Hurts the Economy

In perhaps the starkest illustration, economists from Harvard University and the University of Chicago wrote in a recent paper that every dollar a worker earns in a research field spills over to make the economy $5 better off. Every dollar a similar worker earns in finance comes with a drain, making the economy 60 cents worse off. [...] ...the growth of complex financial products has served primarily to boost income for the firms themselves, Philippon said. A new paper from researchers in t...
Folksonomies: economy finance
Folksonomies: economy finance
  1  notes
 
27 DEC 2013 by ideonexus

 Why Economists Will Continue to be Wrong

Carter had initially used arbitrary parameters in his perfect model to generate perfect data, but now, in order to assess his model in a realistic way, he threw those parameters out and used standard calibration techniques to match his perfect model to his perfect data. It was supposed to be a formality--he assumed, reasonably, that the process would simply produce the same parameters that had been used to produce the data in the first place. But it didn't. It turned out that there were many ...
  1  notes

They make models based on past data, and when they fail to predict the future, they adjust them to match the new past data. The problem is that so many models will match the past data, there could be no end to the number of models they throw out.

16 NOV 2013 by ideonexus

 Rule #1 Expand

Well, first thing’s first: we need to expand. We need to create a second base, and a third, and a fourth. We need to use our resources to build more resource-gathers, and fast. The enemy scouts are likely approaching already. How might we do that? Well, there are only so many ways to make money in this world. We already have a day-job, which will act kind of like our home base, so now we need to expand to other types of revenue-producing activities that will serve as our satellite bases. The...
  2  notes

This is sort of the strategy I take to my online persona, publishing blog posts, guest articles, CC books, etc, etc, creating an expansion of content to improve my online presence and reputation.

12 MAR 2011 by ideonexus

 What If People Stopped Valuing Money?

Mexico and Chile and Brazil and Argentina were likewise bankrupt--and Indonesia and the Philippines and Pakistan and India and Thailand and Italy and Ireland and Belgium and Turkey. Whole nations were suddenly in the same situation as the San Mateo, unable to buy with their paper money and coins, or their written promises to pay later, even the barest essentials. Persons with anything life sustaining to sell, fellow citizenes as well as foreigners, were refusing to exchange their goods for mo...
Folksonomies: value money currency
Folksonomies: value money currency
 1  1  notes

Vonnegut describes a fictional account of the currencies of numerous countries in the world suddenly being no longer valuable, making them just pretty paper.