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<channel>
	<title>Raquo Journal &#187; Random</title>
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	<link>http://raquo.org</link>
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		<title>Less than free</title>
		<link>http://raquo.org/random/2009/10/less-than-free</link>
		<comments>http://raquo.org/random/2009/10/less-than-free#comments</comments>
		<pubDate>Sat, 31 Oct 2009 13:10:09 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=282</guid>
		<description><![CDATA[<blockquote>In the summer of 2007, excitement regarding the criticality of map data (specifically turn-by-turn navigation data) reached a fever pitch.  On July 23, 2007, TomTom, the leading portable GPS device maker, agreed to buy Tele Atlas for US$2.7 billion. Shortly thereafter, on October 1, Nokia agreed to buy NavTeq for a cool US$8.1 billion. Meanwhile Google was still evolving its strategy and no longer wanted to be limited by the terms of its two contracts. As such, they informed Tele Atlas and NavTeq that they wanted to modify their license terms to allow more liberty with respect to syndication and proliferation. NavTeq balked, and in September of 2008 Google quietly dropped NavTeq, moving to just one partner for its core mapping data. Tele Atlas eventually agreed to the term modifications, but perhaps they should have sensed something bigger at play.</blockquote>

<p class='center'><a href="http://abovethecrowd.com/2009/10/29/google-redefines-disruption-the-“less-than-free”-business-model/">Read the whole article</a>.</p>]]></description>
			<content:encoded><![CDATA[<blockquote><p>In the summer of 2007, excitement regarding the criticality of map data (specifically turn-by-turn navigation data) reached a fever pitch.  On July 23, 2007, TomTom, the leading portable GPS device maker, agreed to buy Tele Atlas for US$2.7 billion. Shortly thereafter, on October 1, Nokia agreed to buy NavTeq for a cool US$8.1 billion. Meanwhile Google was still evolving its strategy and no longer wanted to be limited by the terms of its two contracts. As such, they informed Tele Atlas and NavTeq that they wanted to modify their license terms to allow more liberty with respect to syndication and proliferation. NavTeq balked, and in September of 2008 Google quietly dropped NavTeq, moving to just one partner for its core mapping data. Tele Atlas eventually agreed to the term modifications, but perhaps they should have sensed something bigger at play.</p></blockquote>
<p class='center'><a href="http://abovethecrowd.com/2009/10/29/google-redefines-disruption-the-“less-than-free”-business-model/">Read the whole article</a>.</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Inattentional blindness</title>
		<link>http://raquo.org/random/2009/10/inattentional-blindness</link>
		<comments>http://raquo.org/random/2009/10/inattentional-blindness#comments</comments>
		<pubDate>Sat, 31 Oct 2009 12:52:26 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=271</guid>
		<description><![CDATA[<blockquote>Hyman designed a pair of studies where he had subjects walk across a certain path without distraction, while listening to an iPod, while talking on a cell phone, and while walking and talking with another person. He found in the first study that people talking on a cell phone walked more slowly, and had to make more course corrections than the other groups.

...

What this all might mean is that there is something about talking on a cell phone that is particularly demanding of our attention – more so than listening to music or talking with someone who is physically present. These results also support the hypothesis that talking with a passenger is not as dangerous because the extra pair of eyes increases the chance that someone will notice a sudden obstacle or unexpected traffic pattern.</blockquote>

<p>Read <a href='http://www.theness.com/neurologicablog/?p=1103'>the whole article</a> on the Neurologica blog. See also: <a href="http://raquo.org/random/2009/10/cognitive-biases">Cognitive biases</a>.</p>]]></description>
			<content:encoded><![CDATA[<blockquote><p>Hyman designed a pair of studies where he had subjects walk across a certain path without distraction, while listening to an iPod, while talking on a cell phone, and while walking and talking with another person. He found in the first study that people talking on a cell phone walked more slowly, and had to make more course corrections than the other groups.</p>
<p>&#8230;</p>
<p>What this all might mean is that there is something about talking on a cell phone that is particularly demanding of our attention – more so than listening to music or talking with someone who is physically present. These results also support the hypothesis that talking with a passenger is not as dangerous because the extra pair of eyes increases the chance that someone will notice a sudden obstacle or unexpected traffic pattern.</p></blockquote>
<p>Read <a href='http://www.theness.com/neurologicablog/?p=1103'>the whole article</a> on the Neurologica blog. See also: <a href="http://raquo.org/random/2009/10/cognitive-biases">Cognitive biases</a>.</p>
]]></content:encoded>
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		<item>
		<title>The essence of entrepreneurship</title>
		<link>http://raquo.org/random/2009/10/the-essence-of-entrepreneurship</link>
		<comments>http://raquo.org/random/2009/10/the-essence-of-entrepreneurship#comments</comments>
		<pubDate>Fri, 30 Oct 2009 20:11:22 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=265</guid>
		<description><![CDATA[<p><object id="single" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="600" height="363" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="flashvars" value="config=http://ecorner.stanford.edu/embeded_config.xml%3Fmid%3D2268" /><param name="src" value="http://ecorner.stanford.edu/swf/player-ec.swf" /><embed id="single" type="application/x-shockwave-flash" width="600" height="363" src="http://ecorner.stanford.edu/swf/player-ec.swf" flashvars="config=http://ecorner.stanford.edu/embeded_config.xml%3Fmid%3D2268"></embed></object></p>
<p class='center'>You can't burn 6 minutes of your time any better than watching this video.</p>

]]></description>
			<content:encoded><![CDATA[<p><object id="single" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" width="600" height="363" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0"><param name="flashvars" value="config=http://ecorner.stanford.edu/embeded_config.xml%3Fmid%3D2268" /><param name="src" value="http://ecorner.stanford.edu/swf/player-ec.swf" /><embed id="single" type="application/x-shockwave-flash" width="600" height="363" src="http://ecorner.stanford.edu/swf/player-ec.swf" flashvars="config=http://ecorner.stanford.edu/embeded_config.xml%3Fmid%3D2268"></embed></object></p>
<p class='center'>You can&#8217;t burn 6 minutes of your time any better than watching this video.</p>
]]></content:encoded>
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		<item>
		<title>Find their weakness</title>
		<link>http://raquo.org/random/2009/10/find-their-weakness</link>
		<comments>http://raquo.org/random/2009/10/find-their-weakness#comments</comments>
		<pubDate>Fri, 16 Oct 2009 13:50:28 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=248</guid>
		<description><![CDATA[<blockquote><p>Anyway, the one down there was a McDonald’s.  It did awesome lunch business and was extremely well-run. One of those McD’s where even if the drive thru line went all the way to the road (which it always was at lunch), you still knew you’d be through in 10 minutes and your order would be right.</p>
<p>Of course, this kind of success attracted competition, and a Wendy’s was built very close-by.   It was to open on a Tuesday.</p>
<p><a href='http://andyswan.com/blog/2009/09/21/a-story-of-launch-disaster-fast-food-style/'>So what did McDonald’s do on Wendy’s big grand opening day?</a></p>
</blockquote>]]></description>
			<content:encoded><![CDATA[<blockquote><p>Anyway, the one down there was a McDonald’s.  It did awesome lunch business and was extremely well-run. One of those McD’s where even if the drive thru line went all the way to the road (which it always was at lunch), you still knew you’d be through in 10 minutes and your order would be right.</p>
<p>Of course, this kind of success attracted competition, and a Wendy’s was built very close-by.   It was to open on a Tuesday.</p>
<p><a href='http://andyswan.com/blog/2009/09/21/a-story-of-launch-disaster-fast-food-style/'>So what did McDonald’s do on Wendy’s big grand opening day?</a></p>
</blockquote>
]]></content:encoded>
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		</item>
		<item>
		<title>Cognitive biases</title>
		<link>http://raquo.org/random/2009/10/cognitive-biases</link>
		<comments>http://raquo.org/random/2009/10/cognitive-biases#comments</comments>
		<pubDate>Thu, 15 Oct 2009 21:45:42 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=234</guid>
		<description><![CDATA[Being aware of common perception and cognitive fallacies will help you be more rational and make better choices if/when you so desire. Must-reads:

<a href='http://nobelprize.org/nobel_prizes/economics/laureates/2002/kahnemann-lecture.pdf'>Maps of bounded rationality: a perspective on intuitive judgement and choice</a>
Nobel prize lecture by Daniel Kahneman

<a href='http://singinst.org/Biases.pdf'>Cognitive biases potentially affecting judgment of global risks</a>
A paper by Eliezer Yudkowski (part of <a href="http://www.amazon.com/Global-Catastrophic-Risks-Nick-Bostrom/dp/0198570503">Global Catastrophic Risks</a> book).

<a href='http://www.amazon.com/Didnt-Unthinkable-Achieve-Creative-Greatness/dp/0735202575'>Why Didn't I Think of That?</a>
A book by Charles McCoy.]]></description>
			<content:encoded><![CDATA[<p>Being aware of common perception and cognitive fallacies will help you be more rational and make better choices if/when you so desire. Must-reads:</p>
<p><a href='http://nobelprize.org/nobel_prizes/economics/laureates/2002/kahnemann-lecture.pdf'>Maps of bounded rationality: a perspective on intuitive judgement and choice</a><br />
Nobel prize lecture by Daniel Kahneman</p>
<p><a href='http://singinst.org/Biases.pdf'>Cognitive biases potentially affecting judgment of global risks</a><br />
A paper by Eliezer Yudkowski (part of <a href="http://www.amazon.com/Global-Catastrophic-Risks-Nick-Bostrom/dp/0198570503">Global Catastrophic Risks</a> book).</p>
<p><a href='http://www.amazon.com/Didnt-Unthinkable-Achieve-Creative-Greatness/dp/0735202575'>Why Didn&#8217;t I Think of That?</a><br />
A book by Charles McCoy.</p>
]]></content:encoded>
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		<title>Three Worlds Collide</title>
		<link>http://raquo.org/random/2009/10/three-worlds-collide</link>
		<comments>http://raquo.org/random/2009/10/three-worlds-collide#comments</comments>
		<pubDate>Thu, 15 Oct 2009 21:14:55 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=224</guid>
		<description><![CDATA[<blockquote>
This is a story of an impossible outcome, where AI never worked, molecular nanotechnology never worked, biotechnology only sort-of worked; and yet somehow humanity not only survived, but discovered a way to travel Faster-Than-Light: The past's Future.
</blockquote>
<blockquote>
Ouch, thought Akon, I never realized how embarrassing that sounds until I heard it explained to an alien.
</blockquote>
<blockquote>
Up until then, all wars were wars of total extermination - but afterward, the theory was that if a large group of people could all do something wrong, it was probably a reasonable mistake. Their conceptualization of probability theory - of a formally correct way of manipulating uncertainty - was followed by the dawn of their world peace.
</blockquote>
<blockquote>
Akon waited. This was why he couldn't have talked about the question with anyone else. Only a Confessor would actually think before answering, if asked a question like that.
</blockquote>
<p>A must-read story by <a href="http://lesswrong.com/">Eliezer Yudkowsky</a>. <a href='http://lesswrong.com/lw/y4/three_worlds_collide_08/'>Read it online</a> or <a href='http://robinhanson.typepad.com/files/three-worlds-collide.pdf'>download pdf</a>. I don't think I can explain the whole awesomeness of it without spoiling something. It's not universally appealing though if you read carelessly. Don't give up on it before the third chapter.</p>
<p>By the time you have read it, you'll be wanting more, so <a href='http://yudkowsky.net/other/fiction'>here you are</a>.]]></description>
			<content:encoded><![CDATA[<blockquote><p>
This is a story of an impossible outcome, where AI never worked, molecular nanotechnology never worked, biotechnology only sort-of worked; and yet somehow humanity not only survived, but discovered a way to travel Faster-Than-Light: The past&#8217;s Future.
</p></blockquote>
<blockquote><p>
Ouch, thought Akon, I never realized how embarrassing that sounds until I heard it explained to an alien.
</p></blockquote>
<blockquote><p>
Up until then, all wars were wars of total extermination &#8211; but afterward, the theory was that if a large group of people could all do something wrong, it was probably a reasonable mistake. Their conceptualization of probability theory &#8211; of a formally correct way of manipulating uncertainty &#8211; was followed by the dawn of their world peace.
</p></blockquote>
<blockquote><p>
Akon waited. This was why he couldn&#8217;t have talked about the question with anyone else. Only a Confessor would actually think before answering, if asked a question like that.
</p></blockquote>
<p>A must-read story by <a href="http://lesswrong.com/">Eliezer Yudkowsky</a>. <a href='http://lesswrong.com/lw/y4/three_worlds_collide_08/'>Read it online</a> or <a href='http://robinhanson.typepad.com/files/three-worlds-collide.pdf'>download pdf</a>. I don&#8217;t think I can explain the whole awesomeness of it without spoiling something. It&#8217;s not universally appealing though if you read carelessly. Don&#8217;t give up on it before the third chapter.</p>
<p>By the time you have read it, you&#8217;ll be wanting more, so <a href='http://yudkowsky.net/other/fiction'>here you are</a>.</p>
]]></content:encoded>
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		<title>An American self-portrait</title>
		<link>http://raquo.org/random/2009/01/an-american-self-portrait</link>
		<comments>http://raquo.org/random/2009/01/an-american-self-portrait#comments</comments>
		<pubDate>Sat, 17 Jan 2009 18:32:46 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=150</guid>
		<description><![CDATA[<p class='center'><a href="http://www.chrisjordan.com/">Chris Jordan</a> makes numbers look <a href="http://www.chrisjordan.com/current_set2.php?id=7">huge and frightening</a>.</p>

<a href='http://www.chrisjordan.com/current_set2.php?id=7'><img src="http://raquo.org/openfiles/lightbulbs.jpg" alt="Light bulbs (300K)" width="600" height="389" /></a>

<p class='center'><em>Image cropped from "Light Bulbs"</em></p>

"[The image] depicts 320,000 light bulbs, equal to the number of kilowatt hours of electricity wasted in the United States every minute from inefficient residential electricity usage (inefficient wiring, computers in sleep mode, etc.)"]]></description>
			<content:encoded><![CDATA[<p class='center'><a href="http://www.chrisjordan.com/">Chris Jordan</a> makes numbers look <a href="http://www.chrisjordan.com/current_set2.php?id=7">huge and frightening</a>.</p>
<p><a href='http://www.chrisjordan.com/current_set2.php?id=7'><img src="http://raquo.org/openfiles/lightbulbs.jpg" alt="Light bulbs (300K)" width="600" height="389" /></a></p>
<p class='center'><em>Image cropped from &#8220;Light Bulbs&#8221;</em></p>
<p>&#8220;[The image] depicts 320,000 light bulbs, equal to the number of kilowatt hours of electricity wasted in the United States every minute from inefficient residential electricity usage (inefficient wiring, computers in sleep mode, etc.)&#8221;</p>
]]></content:encoded>
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		<title>Ditching is not a suicide</title>
		<link>http://raquo.org/random/2009/01/ditching-is-not-a-suicide</link>
		<comments>http://raquo.org/random/2009/01/ditching-is-not-a-suicide#comments</comments>
		<pubDate>Fri, 16 Jan 2009 20:45:14 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=115</guid>
		<description><![CDATA[Yesterday an US Airways Airbus 320 (flight 1549) landed in the Hudson river after both its engines were hit by birds. What's really stunning is that everyone onboard survived (150 passengers and 5 crew) &#8212; nearly a unique outcome in such situations. New York Times has a nice <a href="http://www.nytimes.com/interactive/2009/01/15/nyregion/20090115-plane-crash-970.html">visualization</a> of the incident, and <a href="http://en.wikipedia.org/wiki/US_Airways_Flight_1549">Wikipedia</a> gives more details.

I am really impressed by the perfection of all this. The flight's captain, by the way, has an <a href="http://blogs.wsj.com/middleseat/2009/01/16/us-airways-crash-pilot/">interesting background</a>.

<p class=center><img src="/openfiles/1549-2.jpg" alt="Flight 1549 at Hudson river (150K)" width="600" height="329" />
<em>Image cropped from <a href="http://flickr.com/photos/gregorylam/3200086900/">grego!'s photo</a> at Flickr</em></p>

<p class='center'><a href="/random/2009/01/ditching-is-not-a-suicide">Videos &#187;&#187;&#187;</a></p>]]></description>
			<content:encoded><![CDATA[<p>Yesterday an US Airways Airbus 320 (flight 1549) landed in the Hudson river after both its engines were hit by birds. What&#8217;s really stunning is that everyone onboard survived (150 passengers and 5 crew) &mdash; nearly a unique outcome in such situations. New York Times has a nice <a href="http://www.nytimes.com/interactive/2009/01/15/nyregion/20090115-plane-crash-970.html">visualization</a> of the incident, and <a href="http://en.wikipedia.org/wiki/US_Airways_Flight_1549">Wikipedia</a> gives more details.</p>
<p>I am really impressed by the perfection of all this. The flight&#8217;s captain, by the way, has an <a href="http://blogs.wsj.com/middleseat/2009/01/16/us-airways-crash-pilot/">interesting background</a>.</p>
<p class="center"><img src="/openfiles/1549-2.jpg" alt="Flight 1549 at Hudson river (150K)" width="600" height="329" /><br />
<em>Image cropped from <a href="http://flickr.com/photos/gregorylam/3200086900/">grego!&#8217;s photo</a> at Flickr</em></p>
<p class="center">Photos &rarr; <a href="http://twitpic.com/135xa">the first published photo @ Twitter</a>, <a href="http://flickr.com/photos/22608787@N00">by grego! @ Flickr</a>, and at <a href="http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5526723.ece">TimesOnline</a>.</p>
<p class="center"><strong>Update: Videos of the splashdow is now available</strong> (in the second clip action starts at 1:58)</p>
<p class="center"><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/g5R-I_Jlnks&#038;color1=0xb1b1b1&#038;color2=0xcfcfcf&#038;hl=en&#038;feature=player_embedded&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/g5R-I_Jlnks&#038;color1=0xb1b1b1&#038;color2=0xcfcfcf&#038;hl=en&#038;feature=player_embedded&#038;fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object></p>
<p class='center'><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/F3S5LWz5Hrg&#038;color1=0xb1b1b1&#038;color2=0xcfcfcf&#038;hl=en&#038;feature=player_embedded&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/F3S5LWz5Hrg&#038;color1=0xb1b1b1&#038;color2=0xcfcfcf&#038;hl=en&#038;feature=player_embedded&#038;fs=1" type="application/x-shockwave-flash" allowfullscreen="true" width="425" height="344"></embed></object></p>
<p>&nbsp;</p>
<p>In 1996 <a href="http://en.wikipedia.org/wiki/Ethiopian_Airlines_Flight_961">Ethiopian Airlines flight 961</a> was hijacked and crashed into the sea as a result of running out of fuel. Upon impact, the plane broke into millions of pieces and only 52 out of 175 onboard survived. Below is the footage of the impact.</p>
<p class='center'><object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/PresBOtxFaY&#038;hl=en&#038;fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/PresBOtxFaY&#038;hl=en&#038;fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object></p>
<p>&nbsp;</p>
<p>In 1963 a small passenger jet, Tu-124, landed in the Neva river in Saint-Petersbourgh, USSR, with no causalities. The <a href="http://www.englishrussia.com/?p=2201">story</a> behind it is so bizarre I would not believe it had not it happened in Russia. Note how close a bridge is to the crash site.</p>
<p><img src="/openfiles/tu-124-water-landing1.jpg" alt="Tu 124 water landing (110K)" width="600" height="370" /></p>
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		<title>How Porsche hacked the financial system</title>
		<link>http://raquo.org/random/2009/01/how-porsche-hacked-the-financial-system</link>
		<comments>http://raquo.org/random/2009/01/how-porsche-hacked-the-financial-system#comments</comments>
		<pubDate>Thu, 08 Jan 2009 15:03:16 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=108</guid>
		<description><![CDATA[<p class='center'>Here is a <a href="http://radian.org/notebook/porsche">very well explained example</a> of a <a href="http://en.wikipedia.org/wiki/short_squeeze">short squeeze</a>.</p>
<p class='center'>Via <a href="http://news.ycombinator.com/item?id=424506">HN</a>.</p>]]></description>
			<content:encoded><![CDATA[<p class='center'>Here is a <a href="http://radian.org/notebook/porsche">very well explained example</a> of a <a href="http://en.wikipedia.org/wiki/short_squeeze">short squeeze</a>.</p>
<p class='center'>Via <a href="http://news.ycombinator.com/item?id=424506">HN</a>.</p>
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		<title>Markets in everything</title>
		<link>http://raquo.org/random/2008/12/markets-in-everything</link>
		<comments>http://raquo.org/random/2008/12/markets-in-everything#comments</comments>
		<pubDate>Wed, 17 Dec 2008 23:32:07 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=91</guid>
		<description><![CDATA[If you haven't already subscribed to <a href="http://www.marginalrevolution.com">Marginal Revolution</a>, do so now and never miss a single "<em>Markets in Everything</em>" post. It's just too awesome to ignore.

Some editions: <a href="http://www.marginalrevolution.com/marginalrevolution/2008/12/markets-in-ev-3.html">Xmas</a>, <a href="http://www.marginalrevolution.com/marginalrevolution/2006/09/markets_in_ever.html">Customer service</a>, <a href="http://www.marginalrevolution.com/marginalrevolution/2008/12/markets-in-ev-4.html">China fact of the day</a>, <a href="http://www.marginalrevolution.com/marginalrevolution/2008/12/markets-in-ev-5.html">Boxing day</a> and <a href="http://www.google.com/search?q=Markets+in+everything&#038;domains=www.marginalrevolution.com&#038;sitesearch=www.marginalrevolution.com">many more</a>.

The authors (Tyler Cowen and Alex Tabarrok) are great blog writers &#8212; if you're trying to make your blog interesting, you better learn from them. "<em>Markets in Everything</em>" series are just one way of keeping readers come back.]]></description>
			<content:encoded><![CDATA[<p>If you haven&#8217;t already subscribed to <a href="http://www.marginalrevolution.com">Marginal Revolution</a>, do so now and never miss a single &#8220;<em>Markets in Everything</em>&#8221; post. It&#8217;s just too awesome to ignore.</p>
<p>Some editions: <a href="http://www.marginalrevolution.com/marginalrevolution/2008/12/markets-in-ev-3.html">Xmas</a>, <a href="http://www.marginalrevolution.com/marginalrevolution/2006/09/markets_in_ever.html">Customer service</a>, <a href="http://www.marginalrevolution.com/marginalrevolution/2008/12/markets-in-ev-4.html">China fact of the day</a>, <a href="http://www.marginalrevolution.com/marginalrevolution/2008/12/markets-in-ev-5.html">Boxing day</a> and <a href="http://www.google.com/search?q=Markets+in+everything&#038;domains=www.marginalrevolution.com&#038;sitesearch=www.marginalrevolution.com">many more</a>.</p>
<p>The authors (Tyler Cowen and Alex Tabarrok) are great blog writers &mdash; if you&#8217;re trying to make your blog interesting, you better learn from them. &#8220;<em>Markets in Everything</em>&#8221; series is just one way of keeping readers come back.</p>
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		<title>Business models of the new web: the economics of content, software and social networks</title>
		<link>http://raquo.org/random/2008/07/business-models-of-the-new-web-the-economics-of-content-software-and-social-networks</link>
		<comments>http://raquo.org/random/2008/07/business-models-of-the-new-web-the-economics-of-content-software-and-social-networks#comments</comments>
		<pubDate>Sun, 13 Jul 2008 16:46:24 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=48</guid>
		<description><![CDATA[In my graduation paper, I take a look at current monetization strategies of various online properties like newspapers and social networks and explain in plain language (supported by previous studies and my own research), why these business models survived and not others &#187;&#187;&#187;]]></description>
			<content:encoded><![CDATA[<p>In my graduation paper, I take a look at current monetization strategies of various online properties like newspapers and social networks and explain in plain language (supported by previous studies and my own research), why these business models survived and not others.</p>
<p>New business models and strategies for monetization are proposed for online content and social networks. Also, there is a brief explanation of the startup market (meaning the acquisitions of startups). I guess this would be insightful for anyone who is about to launch a startup or have built a social application that he has trouble monetizing.</p>
<p><a href="http://raquo.org/wp-content/uploads/2008/07/business-models-of-the-new-web.pdf">Here is the paper in PDF</a>, it is licensed under <a href="http://creativecommons.org/licenses/by-nc-nd/3.0/">Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 Unported license</a>.</p>
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		<title>No rights, only incentives</title>
		<link>http://raquo.org/random/2008/07/no-rights-only-incentives</link>
		<comments>http://raquo.org/random/2008/07/no-rights-only-incentives#comments</comments>
		<pubDate>Sun, 13 Jul 2008 14:55:59 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=47</guid>
		<description><![CDATA[I've been arguing all the time that the rights your government gives you are worth nothing. Anyone is free to violate any of the rights given to you unless the punishment is not severe enough to prevent it. The punishment is the incentive and works only to the extent that it is sufficient and everyone is rational. There is, therefore, no warranty against others violating your rights &#187;&#187;&#187;]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve been arguing all the time that the rights your government gives you are worth nothing. Anyone is free to violate any of the rights given to you unless the punishment is not severe enough to prevent it. The punishment is the incentive and works only to the extent that it is sufficient and everyone is rational. There is, therefore, no warranty against others violating your rights.</p>
<p>I&#8217;m writing this to provide a live example. A recently purchased Macbook Pro had a defect in either its logic board or left I/O board, which translated into the impossibility to use it. Shit happens, of course, but guess the time it takes to repair it in Apple warranty service in Russia, where I live. It&#8217;s undetermined. At least 2 months. At this point you would be probably thinking about violation of consumer rights law. According to the Russian law, warranty service can not take more than 20 days, and starting from the 10th day, the service provider must give me a substitute laptop for the period until they finish the repair.</p>
<p>So what?</p>
<p>They refuse to comply, saying basically &#8220;We know that we are breaking the law, but obliging to it would require us to hold an inventory of parts here in Moscow rather than order a new part every time some malfunctioning device is brought for repair (it&#8217;s the customs that takes 2+ months), which is too expensive for us. You can, of course, sue us, but that would not bring you your device any faster.&#8221;</p>
<p>You probably would think of law enforcement problems, but there are none <em>in this case</em>. I can go sue them, but the purpose of getting my Macbook faster is not going to be achieved. You would think that it&#8217;s some underdeveloped service provider in some underdeveloped country, but it&#8217;s an Apple Authorized Service Center and Apple Authorized Premium Reseller. Apple is aware of the problem, but is unwilling to solve it. I spoke to both Apple Russia and Apple USA but was forwarded to people whose job was to apologize, rather than solve the problem.</p>
<p>You would not expect it from Apple in the USA or Europe, would you? Even the nicest guys are driven by incentives.</p>
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		<title>Silence does not solve problems</title>
		<link>http://raquo.org/random/2008/05/silence-does-not-solve-problems</link>
		<comments>http://raquo.org/random/2008/05/silence-does-not-solve-problems#comments</comments>
		<pubDate>Thu, 01 May 2008 23:22:40 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=40</guid>
		<description><![CDATA[There is a kind of people who argue that if you're using something, you should not critique it. Not that they hold it as a philosophical view, they just always say, in a more or less aggressive way, &#8220;<cite>Don't use it if you don't like it!</cite>&#8221;. You're likely to hear this if you start complaining about Windows for example &#187;&#187;&#187;]]></description>
			<content:encoded><![CDATA[<p>There is a kind of people who argue that if you&#8217;re using something, you should not critique it. Not that they hold it as a philosophical view, they just always say, in a more or less aggressive way, &#8220;<cite>Don&#8217;t use it if you don&#8217;t like it!</cite>&#8221;. You&#8217;re likely to hear this if you start complaining about Windows for example. In Russia, you&#8217;ll hear it if you talk about the infinite number of problems &mdash; from total corruption to total unfreedom of speech and political monopoly. &#8220;<cite>Go live in America if you don&#8217;t like it here!</cite>&#8221;.</p>
<p>They don&#8217;t deny the existence of problems, they believe these should be silenced.</p>
<p>The problem is, a problem that is not talked about is not a problem, in a sense that no one is going to solve it. It sounds evident, but to a lot of people, it&#8217;s not. In Russia at least it&#8217;s a big problem &mdash; no one speaks about problems. Some don&#8217;t dare, others believe problems should not be spoken about. There is no pressure on the political &#8220;elite&#8221; to solve the problems, so they don&#8217;t bother.</p>
<p>I wonder if this problem silencing phenomenon is cross-cultural, or specific to certain cultures. And if this correlates with economic growth rates and freedom indices.</p>
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		<title>Why iPhone is important to Apple</title>
		<link>http://raquo.org/random/2008/05/why-iphone-is-important-to-apple</link>
		<comments>http://raquo.org/random/2008/05/why-iphone-is-important-to-apple#comments</comments>
		<pubDate>Thu, 01 May 2008 22:46:26 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
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		<guid isPermaLink="false">http://raquo.org/?p=38</guid>
		<description><![CDATA[<img src="http://raquo.org/wp-content/uploads/2008/05/applification.png" alt="Applification (66K)" width="600" height="297" />]]></description>
			<content:encoded><![CDATA[<p><img src="http://raquo.org/wp-content/uploads/2008/05/applification.png" alt="Applification (66K)" width="600" height="297" /></p>
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		<title>Leave-me-alone box</title>
		<link>http://raquo.org/random/2008/04/leave-me-alone-box</link>
		<comments>http://raquo.org/random/2008/04/leave-me-alone-box#comments</comments>
		<pubDate>Tue, 29 Apr 2008 18:45:31 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
				<category><![CDATA[Random]]></category>

		<guid isPermaLink="false">http://raquo.org/?p=36</guid>
		<description><![CDATA[<p class="center"><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/RMGJB410Ccs"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/RMGJB410Ccs" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p>
<p class="center">Machine-in-itself. Via <a href="http://machinethinking.org/2008/04/24/leave-me-alone-box/">Machine Thinking</a>. <a href="http://leavemealonebox.com/">leavemealonebox.com</a>.</p>]]></description>
			<content:encoded><![CDATA[<p class="center"><object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/RMGJB410Ccs"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/RMGJB410Ccs" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object></p>
<p class="center">Machine-in-itself. Via <a href="http://machinethinking.org/2008/04/24/leave-me-alone-box/">Machine Thinking</a>. <a href="http://leavemealonebox.com/">leavemealonebox.com</a>.</p>
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		<title>Dumb electronics</title>
		<link>http://raquo.org/random/2008/04/dumb-electronics</link>
		<comments>http://raquo.org/random/2008/04/dumb-electronics#comments</comments>
		<pubDate>Thu, 24 Apr 2008 12:43:47 +0000</pubDate>
		<dc:creator>raquo</dc:creator>
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		<guid isPermaLink="false">http://raquo.org/?p=34</guid>
		<description><![CDATA[Most TV sets I've dealt with cost hundreds or thousands of dollars and forget current time once they are unplugged or in case of power outage.]]></description>
			<content:encoded><![CDATA[<p>Most TV sets I&#8217;ve dealt with cost hundreds or thousands of dollars and forget current time once they are unplugged or in case of power outage.</p>
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