Tuesday, April 28, 2015

Michael Reddell blogger

They tried to bury Media Dragons. They did not know we were seeds.

….As Hayek emphasized, the market does not require perfect knowledge to function, rather it is the means by which imperfect knowledge is made to function in the social interest

Michael Reddell, New Zealand economist, is blogging


What Is the Internet of Things?, Mike Loukides and Jon Bruner, O’Reilly Media:  “The Internet of Things (IoT) is a blending of software and hardware, introducing intelligence and connectedness to objects and adding physical endpoints to software. Radical changes in the hardware development process have made the IoT—and its vast possibility—accessible to anyone. This report provides a high-level overview of the foundational changes that have enabled the IoT and examines how it’s revolutionizing not just consumer goods and gadgets, but manufacturing, design, engineering, medicine, government, business models, and the way we live our lives.”
Economists have discovered how bad the economy really is WaPo. Labor force participation. NC readers have known for years.

I am a cook in the US Senate but I still need food stamps to feed my children The Guardian

6 Tricks Banks Use to Drive Homeowners Into Foreclosure Newswire. Notice that this is a 2015 article, not 2008 or 2010 or 2012, when this was supposed to be all over.