Brian Gongol
There's a great deal of enthusiasm among some members of the Iowa Legislature for some big expansions in government spending and regulation, as though that's what we really need right now.
Munger's close pal, Warren Buffett, is the richest man in the world
Free trade might not be perfect, but most of the things people try to do to stop it are much, much worse.
How embedded processors, available at an affordable cost today, can be used to spy on you when you don't even know it. This is the kind of technology that the next President will need to know about, and yet at least two of the candidates are talking about trying to do away with NAFTA, as though trade were a bad thing. It's time to get with the 21st Century and realize that technology is going to change everything all the time.
They had a bunch of cars move around a single-lane track at a specified speed, but minor variations in speeds and car-to-car distances accumulated until a rolling dead stop emerged in the traffic. This apparently had never been re-created in a practical, observable environment before -- even though the principle itself is completely understandable. It's the very same effect as that of a bullwhip: When you crack a whip, a very slight change at one end (near your wrist) becomes magnified many times over until it's enough to break the sound barrier at the other end. This is exactly why emergency evacuations by automobile turn out to be such complete messes. The problem can be overcome, of course -- but if this is only the first time we've ever really observed the problem in a scientific setting, it's no wonder we're still doing it all wrong.
(Video) Vladimir Putin as a sex symbol? It's a pop song and video with remixes. Oy. There's some serious hero-worship going on. Related: Someone needs to tell the Germans they're not allowed to rap to "More Than a Feeling".
One observer says that if you cut people off from their social-networking sites (like Facebook at the office, you're cutting them off from "trusted networks," which in turn makes them less-valuable employees. That might be a stretch.
On a totally different aviation note, it's still not known what caused that British Airways flight to crash in London in January. The official British air-safety investigation couldn't find a clear cause for the engine failure which led to the crash, thought it did identify a problem with the instructions for shutting down the plane in the event of a crash.
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Warren Buffett says he's identified four prospective successors, and it's overall a very happy report, though Buffett tries to minimize expectations about future success
But is that really reason to panic? Probably not. However, Google's stock still looks wildly over-priced, selling for 33 times earnings and still offering no dividends.
Mostly, Ian Pearson says he's concerned that the old-school rules will look ridiculous and have counter-productive effects as new technologies change the way we do things. And that's a good point: Too often, laws based upon state-of-the-art technology end up becoming either archaic or downright harmful in the future.
Netflix is offering an inducement prize to anyone who can come up with a computer algorithm that does a better job of recommending movies than its current system. While most of the leading teams are made up of computer experts, one of the highest-ranking newcomers is a psychologist. The success of the competing teams thus far (they've made substantial improvements upon the existing algorithm, though nobody's improved it by 10% quite yet) tells us at least two important things. One, inducement prizes work. Two, lots of people with lots of brainpower are willing to devote their free time to interesting challenges, if only they're given reason enough to do so. Which is why we really need a Wikipedia/Sourceforge hybrid for real research.
And, most importantly, they're actively using cybercrime skills to their advantage. It's easy to conduct a cold war against the West when you're a country with huge numbers of computer engineers and no qualms about abusing intellectual property -- or really any property, for that matter.
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Boeing also put in a bid for the job and will assuredly protest. The tankers will be started in Europe as A330's and finished in Alabama as tankers
Whether that was a free and fair election is another matter altogether -- it wasn't
And there's a good chance of it happening, given the nation's extraordinary obligations and our continued failure to pay for them or to impose any sort of controls on costs
