THE EXPERIMENT, Part I: NEW ZEALAND AS THE WORLD MODEL FOR DIGITAL MONETARISM
Starting “Down Under” One of the first “guinea pigs” for the new system of digital monetarism was New Zealand. A one time a leader in the development of the “welfare state,” the small two-island nation-state in the deep Pacific Ocean had run into economic problems by the early 1980s. It had borrowed heavily during the […]
Assessing Digital Payment Systems
In digitally-mediated environments, new forms of currency and payment systems continue to gain public acceptance. Changes in technology, contactless options, and the ease of electronic payments make cash less desirable. While credit cards remain the most popular form of payment with some 70% of the market, other systems are emerging. PayPal, for example, is used […]
Vacation 2016
Enjoyed a month of vacation, with some work thrown in of course. San Francisco to meet with my favorite venture capitalist, and home to Austin. Took a desert road trip with family from Phoenix to Las Vegas with a lovely stop in Sedona. Took my daughter to Miami, the Bahamas, Cape Canaveral and Cocoa Beach, […]
We shape our buildings and afterwards our buildings shape us
One of Marshall McLuhan’s most celebrated intellectual “probes” was a paraphrase of Winston Churchill’s infamous “We shape our buildings, and afterwards our buildings shape us.” Churchill was addressing Parliament some two years after a devastating air raid by the Nazis destroyed the House of Commons and was arguing for its restoration, despite the major challenges […]
Addressing Game Addiction
SEOUL (AFP) – South Korea’s government is close to adopting a “Cinderella” law to ban youngsters from playing online games past midnight amid growing concerns about Internet addiction, officials said Thursday. A bill to be submitted to parliament as early as this month will require South Korean online game companies to cut off services at […]
East-West Center Scholarships – Due Nov 1
These scholarships are available for NYU students. The deadline is Nov 1. Barak Obama’s mother and step-father from Indonesia met as degree fellows at the EWC and his sister, who got her PhD from NYU, works there now. It will also host the APEC meeting in 2011.
HOW IT CAME TO RULE THE WORLD, 1.3
Containment would transform the telegraphic political economy, based on the telex and telephone into a computer-mediated world environment that linked banks and foreign exchange markets, connected global markets and production facilities, and integrated radar into the first computerized command and control system that would later become NORAD
HOW IT CAME TO RULE THE WORLD, 1.2
The New Deal had restructured the US policy environment and with the industrial stimulus of World War II, saved liberal capitalism in the United States. IBM for example had been clutched from the jaws of the Great Depression by the Social Security Act, which provided a major market for its new keypunch calculating machines.
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