Category Archives: Technology and innovation

Internet Brown-Outs in Two Years?

It’s not as scary as having bridges fall down, but just as we have been neglecting our physical infrastructure, so to have we apparently been neglecting our technology infrastructure, in this case, the Internet backbone. The downstream providers are gearing up for, nay encourging, greater consumers use of bandwidth-intensive services like streaming video, without sufficient […]

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Fed’s Gary Stern Makes Lame Arguments Against Increased Credit Market Regulation

Perhaps I am attributing too much importance to a single speech, but the Minneapolis Fed President Gary Stern’s “Credit Market Developments: Lessons for Central Banking,” reveals a lot of what is wrong about the way policymakers are thinking about our credit crisis. And if Stern’s position is widely held within the Fed, we are in […]

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"As Big a Shock as the Russians Launching Sputnik"

The Chinese have demonstrated, convincingly, that their military technology is superior to America’s, via having a cloaked sub slip, undetected, within striking distance of a US aircraft carrier during war games. This has to rate as one of the most important news stories of the year, yet it has been reported (in English, anyhow) only […]

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Conventional Wisdom Watch (Financial Innovation Edition)

Even though I have said some unkind things about the Economist, once you get outside the world of politics, it is a very good guide to leading edge conventional wisdom. What do I mean by “leading edge conventional wisdom?” It is the sort of thinking dispensed by well regarded think tanks and private sector experts […]

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Making Copper 200x Faster

Australia’s News.com.au reports that a local Melbourne PhD student has developed an algorithm that will increase the data throughput speeds on good old fashioned copper wires 200 fold. John Papandriopoulos claims that his approach can produce Internet speeds up to 250 Mbps. By contrast the top speed offered by Verizon’s fiber optic service FIOS is […]

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IBM Seeking Patent for Outsourcing

You cannot make this stuff up….From the US Patent and Trademark Office: Outsourcing of services Abstract A method for identifying human-resource work content to outsource offshore of an organization. The method is provided on a computer readable medium and includes the steps of identifying at least one task being performed by an organization; associating each […]

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