Wednesday, September 24, 2014
Silicon Valley Corporatists
7:02 am edt
Remember the days when an entrepreneur would perfect their whiz kid ideas in a garage and bring them
to market? Did Steve Wozniak ever envision the behemoth that Apple would become and the cult camp that worships every new
product that flows from their robotic coolie assembly lines? Riots Over Rotten Apple Mania describes an example of the forbidding
underbelly of corporatist business model that Apple exemplifies so dramatically. Notwithstanding this record of 21th century
sweat factories, do the venture vulture capitalists of Silicon Valley interject added value in the products and services they
fund or do this culture of touting IPO offerings simply game a system to print money based upon imaginary dreams?
Tuesday, September 16, 2014
City of London vs. Scottish Independence
4:00 am edt
Scotland has a long and noteworthy history of banking. Money, savings and investing is entrenched in the culture and society.
Edinburgh is the fourth largest financial centre in Europe (after London, Frankfurt and Paris). Much of this reputation has
arisen from its history of innovation over the last three hundred years. The Bank of Scotland, established in 1695, one year
after the Bank of England by an Act of the Scottish Parliament, illustrates the prevailing attitude to the creation of money
in that era. A list of banking innovations is a useful background of Scottish banking activities.
Read the entire article
Tuesday, September 2, 2014
NCAA College Sports Oligopoly
3:04 am edt
The obsession over sports, long analyzed as half-crazed, defies logical explanation. Even so, it is
undeniable that organized athletics is big business. This standard certainly applies to professional leagues, but often it
is overlooked just how much money is involved in "so called" amateur games at the college level. A Brief History of the National Collegiate Athletic Association's Role in Regulating Intercollegiate Athletics
serves as a useful primer. Regulation of intercollegiate athletics may seem a desirable and necessary function to maintain
the integrity of sport. In spite of this noble objective, the supervision of the NCAA over college athletics usually comes
down to the excessive administration of football and basketball.