Irving Fisher was once the most famous economist in the world. Some would say he was the greatest economist who ever lived. “Anywhere from a decade to two generations ahead of his time,” opined the first Nobel laureate economist Ragnar Frisch, in the late 1940s, more than half a century after Fisher’s genius first lit up his subject. But while Fisher’s approach to economics is firmly embedded in the modern discipline, many of those who remember him now know just one thing about him: that two weeks before the great Wall Street crash of 1929, Fisher announced, “Stocks have reached what looks like a permanently high plateau.”
Originally posted on Gigaom:
Radiohead frontman Thom Yorke has a new album, and it’s available exclusively via BitTorrent. Yorke is the first artist using BitTorrent’s Bundles program to sell downloads, making it a test case for what could be another option for artists to monetize their music or videos.
Tomorrow’s Modern Boxes, as the album is called, will cost fans $6, but one of the songs and the music video that goes along with it are free. BitTorrent has been experimenting with artist-authorized downloads for more than two years, but so far has only asked users to give up their email address in order to “unlock” a download.
The Yorke album marks the first time a BitTorrent bundle is actually up for sale; the singer called it “an experiment to see if the mechanics of the system are something the general public can get its head around” in a letter accompanying the…
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The Computer-Controlled Driving Experience Is About More Than Just Self-Driving Cars – [fastcoexist.com]
If you were to design a transport system to use as much energy as possible, with the greatest possible impact on the environment, you’d design a system something like the one we have now. You’d give everyone their own car, subsidize gasoline to the tune of billions of dollars a year, and allow everyone to drive everywhere for the same cost, irrespective of traffic conditions or air quality. Today, the United States uses 170 billion gallons of fuel to go a total of three trillion miles a year. The result is gridlock in many places and massive carbon emissions.
One day we may all drive around in electric cars powered from renewable energy sources. But even that wouldn’t help as much as you might think. It would cut pollution, sure. But if we organized traffic systems the way we do now, we’d still have traffic congestion and high blood pressure.
Big data is affecting on-the-floor work among caregivers in numerous ways. One of them is in the decision-making process, bedside.
“With the advent of [electronic medical records],” said Mickey Lynch, director of commercial strategy and innovation at Cadient Group, “a physician has a much broader set of information upon which to establish a path forward. Meaning that now he or she can quickly view notes from previous visits, quickly access lab values and access test results perhaps administered by other physicians. All of which provides the physician with a far more robust clinical view of the patient.”
Another way big data is making changes — how medical facilities are managed and leveraged to optimize resources around patient-traffic trends.
Originally posted on Weekends in Paradelle:
The English author Aldous Huxley was the grandson of Thomas Henry Huxley, a scientist who was known as “Darwin’s bulldog” for his defense of the theory of evolution.
Huxley published four novels in the late 1920s satirizing English literary society and was fairly well known. But it is his fifth book, Brave New World in 1932, that is best known for with the general public.
Huxley said he started out to write a parody of the 1923 Utopian novel Men Like Gods by H.G. Wells (an author I loved as a kid, but who has fallen off the list as I find out more about his politics), but Huxley’s growing distrust of politics and technology led him to a serious blend of science and fiction and a disturbing vision of a future that looks the assembly lines in Henry Ford’s automobile factories that were so praised in Huxley’s time…
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