April 2009
16 posts
‘The Market’ is nothing more than the people who comprise it.
In the late 1800s, the Brooklyn Bridge was built with no power tools, no heavy machinery, and only a basic, evolving understanding of how to make steel.
The Makers of Things
we are hunted →
teenage engineering →
There are no waste collections from households at all. People have to take full responsibility for everything they throw away.
Kamikatsu
The banking industry that emerged from that collapse was tightly regulated, far less colorful than it had been before the Depression, and far less lucrative for those who ran it. Banking became boring, partly because bankers were so conservative about lending: Household debt, which had fallen sharply as a percentage of G.D.P. during the Depression and World War II, stayed far below pre-1930s...
“I’ve said it before and I’ll say it again: I don’t think music should be free,” Reznor says. “But the climate is such that it’s impossible for me to change that, because the record labels have established a sense of mistrust. So everything we’ve tried to do has been from the point of view of, ‘What would I want if I were a fan? How would I...
People make the mistake of observing how things are and assume that’s how they should be.
Due →
lamboo →
The problem is that while successful complex systems evolve from simple systems that work, not every simple system that works can support additional complexity. It’s not enough just to start simple, you have to start simple with a framework designed for future evolution and growth.
Daring Fireball