Economics

Empathy And The Common Good

Posted by on March 27, 2010 at 10:46 pm

We are living in a constantly changing world. More of those changes are taking place than we have ever experience before, and for some reason people are shocked by much of the change. But we shouldn't be. Much of what is taking place should not really be surprising, because it is largely predictable. All this [...]

The Hunt for Billy Joel and GAME-ON-DUDE

Posted by on March 23, 2010 at 5:19 pm

  OR <?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” />  Why the Music Industry is Losing Money…..   Whilst researching statistics for an article I am doing, I came across a little historical gem.   The first CD ever issued back in 1982 was “<?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />52nd Street” by Billy [...]

Slow Revolutions are better than overnight Coups.

Posted by on February 26, 2010 at 12:52 am
image

In 1993, I wrote a paper entitled, How Ubiquitous Free Communication will Alter the Status Quo.   I noted that because of electronic chat rooms [Prodigy, AOL and Compuserve] as more women became enamoured of the connectivity options available to them via a ubiquitous global network, that the divorce rate would rise dramatically.   I [...]

Imagine downloading 85 movies a minute.

Posted by on February 11, 2010 at 10:48 pm
image

Can’t be done say the experts.   Well what if a company was going to build out a 1 GB  per second internet backbone that would allow you to do so?   Google yesterday announced their intention to do just that. On their Blog at Think big with a gig: Our experimental fiber network they [...]

Peter Drucker – Management and Marxism

Posted by on February 9, 2010 at 6:54 am

I have been doing some research. It started with me wanting to find out a bit about what Peter Drucker, the world famous management guru, had been doing in Frankfurt before he left Germany. This was as a result of an idea I had for a story built around an anedcote about Peter Drucker that [...]

The Calculation of the Currency of Hedonism.

Posted by on February 3, 2010 at 1:16 am
image

This is the third article in this series entitled: The Economics of Video Entertainment Part 1 Here Part 2 Here   For the last couple of days I’ve been leading up to talking about the individual value proposition as to why people purchase, watch, read or listen to certain types of content.   Hedonic pricing [...]

The ED2K Networks disagree with Nielsens or "Koltai’s method of TV ratings"

Posted by on February 1, 2010 at 11:37 pm
image

This is Part II in a series of articles entitled: The Economics of Video Entertainment   In yesterdays article,  I commented that :   At Perceptric, we have commenced an attempt at applying our P2P Value method against the relatively new science of hedonic valuation. Early results have enabled us to see patterns that are [...]

The Book Publishing Business Model Is Broken

Posted by on January 28, 2010 at 1:48 am

I was in Sydney yesterday for a meeting. In the car on the way up I had been listening to a BBC podcast and an author was interviewed about her new book (How to Live: A Life of Montaigne in One Question and Twenty Attempts at an Answer). Pardon my ignorance but I had never [...]

Free Barbeque – Your Tax Dollars at Work.

Posted by on January 25, 2010 at 1:59 pm
image

A few months ago I blogged about the cost of entertainment and how even a weekend surf at the beach was likely to cost car parking fees, barbeque facilities use fees and of course, GST on the ice, petrol, esky contents, (surf) board wax and zinc cream.   In other words it’s hard for the [...]

World Power Games

Posted by on January 15, 2010 at 5:50 am

Sometimes it is useful to remember that countries, particularly those countries that see themselves as world powers, have people that sit around and dream about scenarios that may take place… They think of “what if” situations based on the best intelligence that they can get. The best intelligence was clearly not available when the US [...]