Brian Gongol

We were told a lot in the 1990s that the "new economy" brought about by the Internet would be the "knowledge economy", in which "knowledge workers" would be paid highly for, well, knowing things. But that's turned out to be a bit off the mark. What we really live in is the era of the judgment economy. Knowledge and information are abundant, and they're not particularly hard to obtain. If one wants to earn a PhD, one can even do that through online classes. But no amount of knowledge will adequately substitute for the judgment to know better than to send sexually-explicit emails from a work account, as the now-former superintendent of the Des Moines Public Schools did. That's just awful judgment. Work accounts at a school district are a part of the public record. Everyone makes mistakes, but it takes a person with really, really bad judgment to be in a management position like a superintendency and not realize that certain conversations are best had anywhere but on a school-district server.

That said, it seems likely that the Zimbardo hypothesis that video games and porn are creating a nation of males who are addicted to high-intensity arousal and action and who can't otherwise control themselves or focus on the big picture. It's quite likely that they're describing a specific, finite segment of the male population -- just to make up a number for it, let's say 15% -- who then make it look like there's a total epidemic happening. But plenty of males of all ages can still find self-discipline and set aside time to think and mature. Blaming video games and porn for some others' inability to do so isn't really a fair way to characterize what happens in a population the size of America's.

Presidents take too much credit for the economy when it's doing well and too much of the blame when it's going badly. But the Obama Administration has been doing everything possible to take credit for whatever turnaround has been happening while doing lots of things to make growth difficult, so the punishment may be justified.

As when it's done in the United States and elsewhere, the hope is that lower rates will encourage businesses to borrow and in turn use that borrowing to create more goods and services. Lower interest rates also punish people who prefer to save their money, so it encourages them to consume instead. Savers will now get 3.25% on their deposits, while a one-year loan will cost 6.31%. But don't bother commenting about it online behind the Great Firewall -- the government is proposing even tighter controls on the Internet.

But are we ready for it, ethically and legally?


A huge problem for agriculture

Oh dear. Another way for old people to get confused.

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Were players warned enough about the possibility of brain injuries?


The Democrats need a pro-business wing, and the Republican need a wing full of social moderates. Period. Without those groups, the parties just lapse into cartoonish editions of themselves.

Any business that requires the pace of innovations that Internet services seem to require is a business that's too hard to evaluate reasonably as an investor

That's why everyone should use different passwords across different websites -- because you don't want to lose all of your password security just because one site had a security lapse or breach.

Institutions of all stripes need to do a better job of developing their talent pools from within. National searches for people to do things like running school districts are just pushing salaries up and reducing reasonable accountability.