Diesel Civil Trust

If Google (Nasdaq: GOOG) wanted to stir up public interest in broadband Internet connectivity when it announced a small-scale fiber-optic network project, then Google got what it wanted. Cities across America are coming to Google, hat in hand, to prove themselves worthy of the company’s attention.

Yesterday at the Honda dealer’s service desk I found myself in an all-too-familiar situation, craning my head for a glimpse of a screenful of data that I paid for but do not own. Well, that’s not quite true. I do have a degraded form of the data: printouts of work orders. But I don’t have it in a useful form that would enable me to compute the ownership cost of my car, or share its maintenance history with owners of similar cars so we can know which repairs have been normal or abnormal.

PRINCETON, NJ — The recession and financial crisis have resulted in a  significant change in the way many Americans feel about spending and  saving. Six in 10 Americans (62%) now say they more enjoy saving than  spending — while 35% say the reverse.

PRINCETON, NJ — The recession and financial crisis have resulted in a significant change in the way many Americans feel about spending and saving. Six in 10 Americans (62%) now say they more enjoy saving than spending — while 35% say the reverse.

Here’s a fascinating profile on radical Santa Fe Institute economist  Samuel Bowles, an empiricist who says his research doesn’t support the  Chicago School efficient marketplace hypothesis. Instead, Bowles argues  that the wealth inequality created by strict market economics creates  inefficiencies because society has to devote so much effort to stopping  the poor from expropriating the rich. He calls this “guard labor” and  says that one in four Americans is employed to in the sector — labor  that could otherwise be used to increase the nation’s wealth and  progress.

Here’s a fascinating profile on radical Santa Fe Institute economist Samuel Bowles, an empiricist who says his research doesn’t support the Chicago School efficient marketplace hypothesis. Instead, Bowles argues that the wealth inequality created by strict market economics creates inefficiencies because society has to devote so much effort to stopping the poor from expropriating the rich. He calls this “guard labor” and says that one in four Americans is employed to in the sector — labor that could otherwise be used to increase the nation’s wealth and progress.

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