185 Matching Annotations
  1. Last 7 days
    1. Margaret Sullivan on Twitter: “.@TheAtlantic to cut staff by 68 positions, or 17 percent, in response to current economy, per chairman David Bradley statement” / Twitter. (n.d.). Twitter. Retrieved May 31, 2020, from https://twitter.com/sulliview/status/1263461467262779393

    2. Margaret Sullivan on Twitter: “.@TheAtlantic to cut staff by 68 positions, or 17 percent, in response to current economy, per chairman David Bradley statement” / Twitter. (n.d.). Twitter. Retrieved May 31, 2020, from https://twitter.com/Sulliview/status/1263461467262779393

  2. May 2020
  3. Apr 2020
    1. Daniel Markovits, author of “The Meritocracy Trap,” estimates there are about one million of these workers in America today. They work really hard, are really productive and earn a lot more. In the mid-1960s, profits per partner at elite law firms were less than five times a secretary’s salary. Now, Markovits notes, they are over 40 times.

      That latter statistic is fascinating. Are top partners 8x more more productive (relatively) than secretaries? Maybe but probably not. There's more going on that the crude info economy argument of simply greater marginal productivity. I would also look at concentration of income across law firms - i bet there has been concentration towards the top firms.

    2. But here’s the situation: The information economy rains money on highly trained professionals — doctors, lawyers, corporate managers, engineers and so on.

      But why does it rain money on them? And who else does that?

    1. The attention of the audience is a writer's most precious possession, and the value of audience attention is seldom more clear than in writing for the Web. The time, care, and expense devoted to creating and promoting a hypertext are lost if readers arrive, glance around, and click elsewhere. How can the craft of hypertext invite readers to stay, to explore, and to reflect?

      A very early statement about what was about to become the "attention economy"

    1. The FounderCharlie WilsonCEO, Salvex Corp.The founder, Charlie Wilson, has been dedicated for 30 years finding solutions in the circular economy through repurposing commercial assets. Putting social responsibility in front of profit has been our mission since 1990.
  4. Jan 2020
    1. How To Make Thousands of Gold In Guild Wars 2 - Guide & Advice From The MMOs Richest Player [2019]

      29.20 / It all comes down to trust. (ingame-otc desk instead of using game's own marketplace.)

      Trading posts between servers.

      Merchant Guilds with grand-bazaar like reputation tracking.

      GW2 economy design decisions necessitates the formation of guilds / trading communities.

      Bypassing tax of "Trading Post" via P2P bartering.

      Reddit exchange.

      Only reputation metric is your trading history in that specific subreddit. Use people with high reputation as escrow.

      No middle-class in GW2. Rich records 2 hours long podcast for more players to make money.

      Achievement system integrates with how fast you make gold and progress on other parts of the game. Golden idea to be included into social economy design!

      "Do x,y,z like "recycle 1 ton of plastic" - earn "plastic recycler badge and get a %0.02 reduction on your bills." This can also get out of hand quickly, slippery slope. Still, implemented responsibly, can work wonders for a society.

      We want money to flow through people and make it flow through your community first.

      Sell to your community first. Then use global trade post as plan B.

      When we changed the way we trade, the nature of gold in game changed. We were prioritizing materials, not gold. Resources became money, a multi-currency economy.

      Community became tighter, engagement increased, people socialized more and started to enjoy the game more. Middle-class emerged!

      Players learn how to achieve goals. Make money just playing the game.

      "Trade post guilds" changed the whole game.

      Peg the spirit shards value to play time value, all of a sudden everything matters (in the game)

      Economical decisions in this game forces people to cooperate if you want to achieve a goal.

      Maps (levels) are designed in a specific way, you are expected to flow through the entrance to exit and earn map currency.

    1. Where is Wealth Concentrated?

      Map of wealth concentration

    2. This map shows the relative density of commercial shipping around the world. The darker the color, the busier the route.

      Map of global shipping routes

    1. the rich pocket, rather than reinvest, their tax cuts

      Or they reinvest a smaller than expected fraction of it?

      It would be great to see some data on this as the intuition can go both ways. One argument says -

      • Rich do not pocket their wealth, they spend it on overpriced luxury items and long term invesents (really?), whereas working class people spend it in short term purchases for livelihood which does not have as much of a ripple effect on the economy.
  5. Dec 2019
  6. Oct 2019
    1. This paper explores how the Internet of Things and blockchain technology can benefit shared economy applications. The focus of this research is understanding how blockchain can be exploited to create decentralised, shared economy applications that allow people to monetise, securely, their things to create more wealth. Shared economy applications such as Airbnb and Uber are well-known applications, but there are many other opportunities to share in the digital economy. With the recent interest in the Internet of Things and blockchain, the opportunity exists to create a myriad of sharing applications, e.g. peer-to-peer automatic payment mechanisms, foreign exchange platforms, digital rights management and cultural heritage to name but a few

      This article sheds light into shared economy, have highlighted just the abstract, but this entire article is so interesting and the application it talks about is great, like how can airbnb or uber use blockchain to protect it's clients privacy. Must read

  7. Jul 2019
    1. emble too much for that. Actually, the laboring man has not leisure for a true integrity day by day; he cannot afford to sustain the manliest relations to men; his labor would be depreci

      This is a really problem many people have today but often ignored.They are doing repetitive things every day with no value.This example may let the reader reflect, think about if they have the same problem and get into the book.

    2. Finding that my fellow-citizens were not likely to offer me any room in the court house, or any curacy or living any where else, but I

      This sounds to me like he wasn't very successful at the time he decided to go into the woods, and maybe feeling like he was tossed aside, maybe even a little bitter, and therefore ready to get away from society. Sounds like a typical case of stress.

    3. discontented, and idly complaining of the hardness of their lot or of the times, when they might improve them.

      He is speaking of people who are unhappy, yet do nothing to make themselves happy, and still have to audacity to gripe about it

    4. eds. Public opinion is a weak tyrant compared with our own private opinion. What a man thinks of himself, that it is which determines, or

      This one is so true and timeless. All that really matters is what we think of ourselves and that ultimately makes us who we are.

    5. of him. The finest qualities of our nature, like the bloom on fruits, can be preserved only by the most delicate handling. Yet we do not treat ourselves nor one anot

      I felt this to be a very powerful sentence. He's asking why we put so much stock and care into material things instead of each other, and our world.

    6. Most men, even in this comparatively free country, through mere ignorance and mistake, are so occupied with the factitious cares and superfluously coarse labors of life that its finer fruits cannot be plucked by the

      I feel that Thoreau is saying that a lot of people just "fall in line' in everyday life, and do what is expected of them, that they can't really enjoy or even entertain a different way of life and they don't even know what they are missing.

  8. Jun 2019
    1. On a recent day, three manufacturing firms called the head of a program at KVCC that teaches trade skills asking if it had any students available to fill jobs.
  9. Mar 2019
    1. Ridesharing platforms canhave several economic benefits.7These platformsincrease the transportation options available to consumers and businessesand are therefore likely to significantly increase consumer welfare. Lyft andUbergivethe consumer multiple different types of rides to choose from.For example, riderscantypicallyrequest a normal car and ride from a partner driver, carpooling at a cheaper price,a ride in a large car,ora luxury car.8These ridesharing platforms may alsoencourage higher utilization of the existing vehicle stock. One study,performed in five cities, found that Uber drivers had higher capacity utilization rates than taxis, likely due to Uber’s more efficient ordering and pricing methods, its larger scale, as well as inefficiencies of taxi regulation (Cramer and Krueger, 2016).Some cities have allocateddedicated parking spots throughout the city to such ridesharing under the assumption that they may generate social benefits (Shaheen, 2010).

      Advantages for ride sharing platforms for the economy with case studies and primary research.

    1. “sharing economies” of collaborative consumption(Botsman & Rogers, 2010), where people offer and share underuti-lized resources in creative, new ways.

      Gives a clear definition of what is the sharing economy

    Tags

    Annotators

    1. “Higher OMOs can distort the rates curve,” said a banker. The move would boost RBI’s foreign exchange reserves which were at $401.7 billion for the week ended March 1.

      *Open Market Operations are a part of tools in RBI's hands to control liquidity in the economy.

    2. The RBI would conduct dollar-rupee buy/sell swap auction of $5 billion for a three-year tenor on March 26. “In order to meet the durable liquidity needs of the system, the Reserve Bank has decided to augment its liquidity management toolkit and inject rupee liquidity for longer duration through long-term foreign exchange buy/sell swap,” the central bank said in a statement on Wednesday. “The U.S. dollar amount mobilised through this auction would also reflect in RBI’s foreign exchange reserves for the tenor of the swap while also reflecting in RBI’s forward liabilities,” it added.

      Forward liabilities: accounts which contain all liability accounts resulting from transactions with a future value or start date as well as their contra accounts.

  10. Feb 2019