Update — From reader comments below it sounds like many people think I am advocating some specific behavior from either YouTube or President Obama. That’s not true. I’m not proposing that either DO anything. I’m just explaining what I believe is happening and why, which is pretty much all I ever do around here if you haven’t noticed. I’m neither trying to hobble the First Amendment nor take any political or religious stand whatsoever. If people think I am doing ether, well they aren’t reading very carefully at all, because it simply isn’t in there. So settle down, everyone.
Moving on to any readers who […]
A couple of years ago, in an obvious moment of poor judgement, the Kauffman Foundation placed this rag on its list of the top 50 economics blogs in America. So from time to time I feel compelled to write about economic issues and this Labor Day holiday in the U.S. provides a good excuse for doing so now. In a sense you could say I inherited this gig because my parents began their careers in the 1940s working for the U.S. Bureau of Labor Statistics. This first of two columns looks at employment numbers in the current recovery while the second will try to explain why the economy has been […]
Depending on who you are talking to there were several very different reasons why the Internet was created, whether it was military command and control (Curtis LeMay told me that), to create a new communication and commerce infrastructure (Al Gore), or simply to advance the science of digital communications (lots of people). But Bob Taylor says the Internet was created to save money. And since Bob Taylor was, more than anyone, the guy who caused the Internet to be created, well I’ll believe him.
LIBOR, the London InterBank Offered Rate, has been in the news lately as heads begin to roll in London and soon New York now that it’s clear LIBOR was manipulated by big banks, affecting the value of hundreds of trillions worth of financial instruments. This is a complex topic and it will be awhile — perhaps years — before it is clear how or even if you and I were damaged by these shenanigans, but everyone seems to agree that it can’t be allowed to happen again. But how? To make this happen I think we need a new understanding of what “transparency” means in financial transactions in the 21st century.
Back in April I wrote a six-part series of columns on troubles at IBM that was read by more than three million people. Months later I’m still getting ripples of response to those columns, which I followed with a couple updates. There is a very high level of pain in these responses that tells me I should do a better job of explaining the dynamics of the underlying issues not only for IBM but for IT in general in the USA. It comes down to class warfare.
When President Obama signed the 
The last decade hasn’t been a very good one for venture capitalists, showing poor returns for their investors. There are many reasons for this including over-expansion, poor management, and a dearth of companies going public. Now to make matters worse
The Government Accountability Office, a Federal watchdog agency, 
