In which John discusses why facebook and other free products are free--and why they are so valuable.Continue
Added by Haua (Projects Ningmaster) on May 22, 2012 at 3:56pm — No Comments
Because there is a bit of confusion about what IPOs are and, really, what the stock market is and how it works, I thought I'd take the IPO of Facebook as an opportunity to discuss it. In general, the "financial" part of our economy seems kind of crazy and embarrassing. Especially as, these days, a lot of what our economy does is just re-investing in our economy, seems…Continue
During the Cold War, India wanted to experiment with a program of sharing land between the government and the people. America also thought that they were in danger of falling to communism.
Like in the previous chapter, the response was for America to launch a
program of food and monetary aid. This caused the native production of
wheat to fall because they could not compete with the US aid program.
In order to keep India from falling to communism,…Continue
industry, but Raj Patel's real focus for this chapter is interesting as well. He focuses on the "crony-capitalism" of the food industry. Crony-capitalism are my own words, taken from Ron Paul…
Added by Bryan Rosander, FL on July 12, 2010 at 6:30pm — No Comments
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Added by William Redd on April 24, 2009 at 9:48pm — No Comments