How Porsche hacked the financial system
Here is a very well explained example of a short squeeze.
Via HN.
Markets in everything
If you haven’t already subscribed to Marginal Revolution, do so now and never miss a single “Markets in Everything” post. It’s just too awesome to ignore.
Some editions: Xmas, Customer service, China fact of the day, Boxing day and many more.
The authors (Tyler Cowen and Alex Tabarrok) are great blog writers — if you’re trying to make your blog interesting, you better learn from them. “Markets in Everything” series are just one way of keeping readers come back.
Business models of the new web: the economics of content, software and social networks
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 »»»
No rights, only incentives
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 »»»
Silence does not solve problems
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, “Don’t use it if you don’t like it!”. You’re likely to hear this if you start complaining about Windows for example »»»
Leave-me-alone box
Machine-in-itself. Via Machine Thinking. leavemealonebox.com.
Dumb electronics
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.
