Category Archives: Technology and innovation

Supreme Court Minimum Price Ruling Used to Attack Ebay Sellers

When the Supreme Court, in a recent decision, overturned a century-old ruling that made it illegal to require distributors to adhere to minimum price agreements, most observers worried that it would hurt online commerce. But I doubt they expected that the online businesses affected would include Ebay merchants. The decision appeared to have been swayed […]

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Verizon Locking Customers into New Fiber Optic Service (and Not Telling Them)

Readers may think we are being unfair in picking on Verizon. After all, the name of the game in business is to try to create barriers to entry, or failing that, establish some form of product differentiation that makes your offerings more attractive to some, hopefully many, customers, enabling you to charge more (the generic […]

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OECD Report Acknowledges That Free Trade Hurts Some Workers

An interesting shift is taking place in the economics world. Not so long ago, anyone who had anything to say against free trade was dismissed as being economically illiterate. In a surprisingly short period of time, the consensus seems to be shifting towards a willingness to admit that while free trade produces substantial benefits in […]

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Martin Wolf on the Brave New World of Finance

Martin Wolf has an excellent story today in the Financial Times, “Unfettered finance is fast reshaping the global economy,” in which he describes the change from “managerial capitalism” to “global financial capitalism.” Wolf takes pains to avoid taking sides on whether this development is a good thing or a bad thing, but one senses that […]

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Cultural Identity Trumps Reason

The blog Overcoming Bias pointed to an article in Reason Magazine, “More Information Confirms What You Already Know.“ The article cites a study by the Cultural Cognition Project at Yale Law School. “Affect, Values, and Nanotechnology Risk Perceptions: An Experimental Investigation,” which sought to assess attitudes towards new technology but has broader implications: [R]esearchers polled […]

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Bill Gates, Socialist

Since Microsoft Chairman Bill Gates has increasingly shifted his focus from his technology enterprise to his charity, the William and Melinda Gates Foundation, he has also had time to clarify and refine his objectives. Unlike the super-wealthy of the past, whose giving typically has been motivated by a combination of enhancing their prestige (often revealed […]

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Google Gets Failing Grade on Privacy

Despite it’s “Don’t Be Evil” slogan, Google rates below the oft-demonized Microsoft on its privacy practices, according to the London group Privacy International. (For the record, Microsoft and Apple were in the next-to-the-bottom tier). Now in this era of a Federal government that has been footdragging on shutting down its illegal warrantless wiretap program, the […]

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You (Probably) Heard It Here First: AntiForensics

Crime and war have a lot in common. The good guys and the bad guys are in a constant battle of escalation, each trying to adapt to and surpass each other’s latest techniques. On the information technology front, one of the fundamental techniques in investigating crime (both the hacker perpetrated sort and routine investigations of […]

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Intelligent Cars as Fuel Efficient as Hybrids

A study at the University of Melbourne found that “intelligent” cars, meaning ones outfitted with telematics which enabled them to sense the cars around them and make more gradual adjustments to driving speeds than humans would make, yielded the same 15-20% fuel savings that hybrid cars offer, at considerably lower cost. The study did not […]

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The Paradox of Offshoring: IBM to Fire 150,000 US Workers

According Robert Cringely at PBS, IBM is cutting at least 150,000 US jobs in its Global Services Division, and each US worker is to be replaced by a new overseas hire. This headcount cut, called Project Lean, bears out the populist view that corporate executives are greedy and outsourcing damages the American economy. As we […]

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