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Study Says World's Stocks Controlled by Select Few | Research - ISNS
"A pair of physicists at the Swiss Federal Institute of Technology in Zurich did a physics-based analysis of the world economy as it looked in early 2007. Stefano Battiston and James Glattfelder extracted the information from the tangled yarn that links 24,877 stocks and 106,141 shareholding entities in 48 countries, revealing what they called the "backbone" of each country's financial market. These backbones represented the owners of 80 percent of a country's market capital, yet consisted of remarkably few shareholders. [..] The results will be published in an upcoming issue of the journal Physical Review E."
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A pair of physicists at the Swiss Federal Institute of Technology in Zurich did a physics-based analysis of the world economy as it looked in early 2007. Stefano Battiston and James Glattfelder extracted the information from the tangled yarn that links 24,877 stocks and 106,141 shareholding entities in 48 countries, revealing what they called the "backbone" of each country's financial market. These backbones represented the owners of 80 percent of a country's market capital, yet consisted of remarkably few shareholders.
Mifos - Technology that Empowers Microfinance
"Mifos is an industry-wide initiative to address the microfinance industry's information management challenge. Using the open source paradigm, we are creating a new service model that will increase access to technology for all microfinance institutions, ultimately enabling them to extend their reach to the world’s poor. At the center of the initiative is the Mifos product, a freely available world-class management information system (MIS) that provides the core functionality required by microfinance institutions. The flexibility and scalability of the product means that we'll be able to simultaneously standardize common processes, accommodate regional variations, and scale for new innovations in the future."
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Mifos is an industry-wide initiative to address the microfinance industry's information management challenge. Using the open source paradigm, we are creating a new service model that will increase access to technology for all microfinance institutions, ultimately enabling them to extend their reach to the world’s poor.
At the center of the initiative is the Mifos product, a freely available world-class management information system (MIS) that provides the core functionality required by microfinance institutions. The flexibility and scalability of the product means that we'll be able to simultaneously standardize common processes, accommodate regional variations, and scale for new innovations in the future.
Federal IT Dashboard | FAQ - For Public
"The IT Dashboard provides the public with an online window into the details of Federal information technology investments and provides users with the ability to track the progress of investments over time. The IT Dashboard displays data received from agency reports to the Office of Management and Budget (OMB), including general information on over 7,000 Federal IT investments and detailed data for nearly 800 of those investments that agencies classify as "major." The performance data used to track the 800 major IT investments is based on milestone information displayed in agency reports to OMB called "Exhibit 300s." Agency CIOs are responsible for evaluating and updating select data on a monthly basis, which is accomplished through interfaces provided on the website. "
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The IT Dashboard provides the public with an online window into the details of Federal information technology investments and provides users with the ability to track the progress of investments over time. The IT Dashboard displays data received from agency reports to the Office of Management and Budget (OMB), including general information on over 7,000 Federal IT investments and detailed data for nearly 800 of those investments that agencies classify as "major." The performance data used to track the 800 major IT investments is based on milestone information displayed in agency reports to OMB called "Exhibit 300s." Agency CIOs are responsible for evaluating and updating select data on a monthly basis, which is accomplished through interfaces provided on the website.
Corruption in Croatia - WSJ.com
"Instead of continuing to send cash, it might be a better idea for the EU to send judges and prosecutors who can assist in strengthening the rule of law and an independent judiciary. The EU may also consider setting up an independent body to investigate allegations of corruption and look into how some politicians have come to their unexplained fortunes."
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Instead of continuing to send cash, it might be a better idea for the EU to send judges and prosecutors who can assist in strengthening the rule of law and an independent judiciary. The EU may also consider setting up an independent body to investigate allegations of corruption and look into how some politicians have come to their unexplained fortunes.
A Photo Editor - JPG Magazine Profit And Loss
"the demise of the magazine was contributed to by CEO Mitch Fox and his $500,000 a year salary, the expensive salespeople he hired, launching a travel title called everywhere and preparing a fashion magazine. If that’s true, it’s simply run of the mill magazine making hubris where people assume something that works at one level can be scaled to the next. Maybe this is also the end of an era where a powerful sales staff with serious marketing dollars can bring in more advertising than great content and loyal readers on its own."
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the demise of the magazine was contributed to by CEO Mitch Fox and his $500,000 a year salary, the expensive salespeople he hired, launching a travel title called everywhere and preparing a fashion magazine. If that’s true, it’s simply run of the mill magazine making hubris where people assume something that works at one level can be scaled to the next. Maybe this is also the end of an era where a powerful sales staff with serious marketing dollars can bring in more advertising than great content and loyal readers on its own.
Newspapers and Thinking the Unthinkable « Clay Shirky
“When a 14 year old kid can blow up your business in his spare time, not because he hates you but because he loves you, then you got a problem.”
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“When a 14 year old kid can blow up your business in his spare time, not because he hates you but because he loves you, then you got a problem.”
5 Ways People Are Trying to Save the World (That Don't Work) | Cracked.com
"Some expert at Gonzaga University, with a lot of time on his hands, calculated that at current rates all the garbage in the US over the next 1,000 years would fill up a 35 square mile landfill 100 yards deep. This sounds like one of those "Holy shit!" scary figures until you consider this is about one tenth of one percent of the land currently used for grazing in the US. Also, this would be the accumulation over 1,000 years by which time we should have bigger things to worry about, like overthrowing our robotic overlords."
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Some expert at Gonzaga University, with a lot of time on his hands, calculated that at current rates all the garbage in the US over the next 1,000 years would fill up a 35 square mile landfill 100 yards deep.

This sounds like one of those "Holy shit!" scary figures until you consider this is about one tenth of one percent of the land currently used for grazing in the US. Also, this would be the accumulation over 1,000 years by which time we should have bigger things to worry about, like overthrowing our robotic overlords.
The Associated Press: Clarification: Feb. 10 Muzak bankruptcy story
"The Associated Press reported that U.S. Bank NA is owed $371 million by Muzak Holdings LLC, which filed for Chapter 11 protection."
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The Associated Press reported that U.S. Bank NA is owed $371 million by Muzak Holdings LLC, which filed for Chapter 11 protection.
Introduction to Economic Analysis
This book presents introductory economics ("principles") material using standard mathematical tools, including calculus. It is designed for a relatively sophisticated undergraduate who has not taken a basic university course in economics. It also contains the standard intermediate microeconomics material and some material that ought to be standard but is not. The book can easily serve as an intermediate microeconomics text. The focus of this book is on the conceptual tools and not on fluff. Most microeconomics texts are mostly fluff and the fluff market is exceedingly over-served by $100+ texts. In contrast, this book reflects the approach actually adopted by the majority of economists for understanding economic activity. There are lots of models and equations and no pictures of economists.
<nettime> Interview with Christopher Kelty: the Culture of Free Software
Free Software provides a radical form of openness which is, perhaps, a very American way of constituting a public (suspicious of the state and corporations, obsessed with ideas of balance and fairness, and a weird mix of individualism and populism). The question I think it raises is whether, as a politics it has a content. Free Software as it exists has an insanely refined focus on form over political content (and this is the source of the suspicion about the dominance
of the technical). But the question is: is this focus on form itself a particular kind of political content? At some level yes, but it is one that is open to, and maybe even encourages people to challenge it. It is a way of saying: if this is a (for instance) "libertarian" form, it is one that you are allowed to change--so make it less libertarian if you believe that will make it better. It says nothing, however, about whether people will have the power to do that, which is its weakest feature, its inability to incorporate the concrete fact that history has led us to this point.
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Free Software provides a radical form of openness which is, perhaps,
a very American way of constituting a public (suspicious of the state
and corporations, obsessed with ideas of balance and fairness, and a
weird mix of individualism and populism). The question I think it
raises is whether, as a politics it has a content. Free Software as
it exists has an insanely refined focus on form over political
content (and this is the source of the suspicion about the dominance
of the technical). But the question is: is this focus on form itself
a particular kind of political content? At some level yes, but it is
one that is open to, and maybe even encourages people to challenge
it. It is a way of saying: if this is a (for instance) "libertarian"
form, it is one that you are allowed to change--so make it less
libertarian if you believe that will make it better. It says nothing,
however, about whether people will have the power to do that, which
is its weakest feature, its inability to incorporate the concrete
fact that history has led us to this point.
How Twitter Will be Worth $1.5 Billion by Next Year
Having users already comfortable speaking in machine lanaguage is already a huge plus for Twitter. I already “d” you a direct message. Now I’d like to “p” you $5.
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Having users already comfortable speaking in machine lanaguage is already a huge plus for Twitter. I already “d” you a direct message. Now I’d like to “p” you $5.
My eBay Job | Print Article | Newsweek.com
it concluded that "approximately 1.3 million sellers around the world use eBay as their primary or secondary source of income," with an estimated 630,239 in the United States. Take careful note of the phrasing, however: primary or secondary. That could mean 50,000 use eBay as a primary source and 1.25 million as a secondary source. Or it could mean the split is closer to 650,000-650,000.
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Certain numbers have an iconic status in America's business culture. One of them is the number of people who derive income selling goods on eBay: 1.3 million.
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it concluded that "approximately 1.3 million sellers around the world use eBay as their primary or secondary source of income," with an estimated 630,239 in the United States. Take careful note of the phrasing, however: primary or secondary. That could mean 50,000 use eBay as a primary source and 1.25 million as a secondary source. Or it could mean the split is closer to 650,000-650,000.
Cell phone minutes: the next currency
We’re not used to Africa taking lead in new technology. Necessity, they say, is the mother of invention and it couldn’t be more true in case of Africa, where pre-paid airtime is fast becoming the ‘virtual’ currency, overcoming conventional currency exchange and lack of banking infrastructure.
There are over 100 million mobile phones in Africa, and it is one of the fastest growing mobile regions. This number will increase to 378 million by 2011, according to Portio Research. Cell phones are already used for music downloads, text messaging, video games and personal piggy banking. Kenya is home to an impressive cutting-edge mobile tool: M-PESA, the world’s only system for sending both minutes and money via SMS. (The “m” stands for mobile. Pesa is Swahili for money.) Airtime minutes automatically load onto the phone of their recipient. The cash is collected from one of the many M-PESA shops dotting the country.
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We’re not used to Africa taking lead in new technology. Necessity, they say, is the mother of invention and it couldn’t be more true in case of Africa, where pre-paid airtime is fast becoming the ‘virtual’ currency, overcoming conventional currency exchange and lack of banking infrastructure.
There are over 100 million mobile phones in Africa, and it is one of the fastest growing mobile regions. This number will increase to 378 million by 2011, according to Portio Research. Cell phones are already used for music downloads, text messaging, video games and personal piggy banking. Kenya is home to an impressive cutting-edge mobile tool: M-PESA, the world’s only system for sending both minutes and money via SMS. (The “m” stands for mobile. Pesa is Swahili for money.) Airtime minutes automatically load onto the phone of their recipient. The cash is collected from one of the many M-PESA shops dotting the country.
The Financial Tsunami: The Financial Foundations of the American Century
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The ongoing and deepening global financial crisis, nominally triggered in July 2007 by an event involving a small German bank holding securitized assets backed by USA sub-prime real estate mortgages, can best be understood as an essential part of an historical process dating back to the end of the Second World War—the rise and decline of the American Century.
The American Century, proudly proclaimed by Time-Life founder and establishment insider, Henry Luce in a famous 1941 Life magazine editorial, was built on the preeminent role of New York banks and Wall Street investment banks which had by then clearly replaced the City of London as the center of gravity of global finance. Luce’s American Century was to be built in a far more calculated manner than the British Empire it replaced.1
Share Liverpool FC
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club
is owned by
their ‘members’. Over 100,000 fans have
bought single 'member' shares, which entitle them to elect a Board who will run the club until the next election. -
no one can ever buy the club. Its structure
makes its sale to the next sporting conglomerate
that fancies a premiership football club a legal
impossibility. The shares can never be sold; the club can never be sold.
Tracking Consumer Savings on eBay - Bits - Technology - New York Times Blog
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, the researchers report that eBay buyers saved more than $7 billion in 2003 and $8.4 billion in 2004. Extrapolating from their data, they project that consumers saved $19 billion on eBay last year.
APML - Attention Profiling Mark-up Language
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APML allows
users to export and use their own personal
Attention Profile in much the same way that OPML
allows them to export their reading lists from
Feed Readers.
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