Category Archives: Economics

Great Video: Data Sharing and Management Snafu in 3 Short Acts

A funny, clever and simple video intro into what can go wrong when you actually want to reuse someone else’s data in research:

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War and Peace by Leo Tolstoy

I read War and Peace – and subsequently Anna Karenina – many years ago now. It was one of the most extraordinary and greatest books I had – and have – ever read. He is the Beethoven of literature. Here I’m excerpting pieces. “And by old habit he asked himself the question: “Well, and what […]

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Remembering Caspar Bowden

Very saddened to see that Caspar Bowden, first director of FIPR, and tireless digital rights campaigner has passed away. Fine obituary from Ross Anderson in EDRi-Gram: https://edri.org/remembering-caspar-bowden/ Caspar moved to Microsoft in 2002 and worked for them for nine years as their Chief Privacy Adviser for Europe, the Middle East and Africa. What that actually […]

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Black Mirror – Episode 2

First saw this very late at night about 1.5y ago. Brilliant and dark – much more so than the first one. It has an Ouroboros-ian nature. On his interest in the girl: Existential crisis masquerading as infatuation.

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Slow Tech

A thought from a recent a recent Digital Supper: just as there is “Slow Food” do we need a “Slow Technology” movement – technology at a human pace. A key difference is that this can’t work just from individual action – though that will help – we would need coordinated action if tech were to […]

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All of our lock-in fears prove justified – Twitter

Having acquired Gnip, Twitter is cutting off bulk access (the “firehose”) for everyone else – see e.g. Datasift announce and piece on recode. Twitter have also been gradually shutting off / increasing control of access over the last few years. E.g. RSS shut down, then they changed API terms of use and got increasingly aggressive […]

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Enlightened [TV Series]

I have nearly finished the first series of Enlightened, a TV Series created by Laura Dern and Mike White. The series is extraordinary – even in a world where TV series have become over the last ten years a leading entertainment and art form. It is not an easy or “fun” series, which probably accounts […]

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Amazon Twitch Acquisition – Paying 70x Sales

Just an aside from reading the recent Amazon 10-Q. In Note 4 on acquisitions they state: On September 25, 2014, we acquired Twitch Interactive, Inc. (“Twitch”) for approximately $842 million in cash, as adjusted for the assumption of options and other items. During the nine months ended September 30, 2014, we acquired certain other companies […]

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Steve Wynn on Impact of QE on Businesses and Consumers

Saw this nugget buried in a recent earnings call of Wynn Resorts Management. This is Steve Wynn responding to a caller question: Well, we finished our financing recently. The last tranche was a $750,000 — $750 million bond. We sold it at 5.09 with no covenants nonrecourse to the parent. And that brought our total […]

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Lombard Street: A Description of the Money Market by Walter Bagehot

A few weeks ago I had the pleasure to read Lombard Street: A Description of the Money Market by Walter Bagehot (1873, my edition a reprint of the 1910 Dutton Edition). Insightful, incisive and straightforwardly written in the kind of limpid but expressive prose that seems to have gone out with the 19th century. It […]

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