Paul Kedrosky's Infectious Greed
I’m so clever. Back in December I wrote here that Bernie Madoff’s results, far from being pulled from his hat, showed every sign of having been generated by a randomizing algorithm. My analysis suggested that – based on Benford’s Law fit – his results would have passed muster in terms of looking sufficiently random to be re (Read More)
Submitted by Antoine Bertier
from Google Reader:
via the Times UK:This is the graph the record industry doesn’t want you to see.It shows the fate of the three main pillars of music industry revenue – recorded music, live music, and PRS revenues (royalties collected on behalf of artists when their music is played in public) over the last 5 years.We’ve broken each category (Read More)
The Big Picture
I expect over the next few years, we will hear all manner of suggestion as to how to close the Federal deficit. Sin taxes already exist on alcohol, tobacco, gambling — they filled a revenue void when passed.How long is it before the next few taxable products get taxed: First Hemp, then Marijuana. Sloshspot estimates a sub (Read More)
Submitted by Antoine Bertier
from Google Reader:
The Scene: Beijing China. President Salzman and Premire Hu Jintao retire in private to have a frank discussion.
Hu: "Mr. President....
Me: "Please, call me Eric."
Hu: "Ok, Eric. Quite frankly, my colleagues and I have been waiting for at least two decades to lecture YOU as opposed to you lecturing US. {Premire Hu proceeds (Read More)
Submitted by Antoine Bertier
from Google Reader:
Long standing readers of TBP know I like to try to slip in a lesson or two. The humor and money making market commentary is used as a device to keep you coming back and learning, despite yourself.Today, I require no pretense for the edumacation. Instead, I will demonstrate one of my favorite peeves, the folly of Confusing C (Read More)
Paul Kedrosky's Infectious Greed
I get asked all the time what the best fucking book is about the financial crisis. Well, here it is: A list of books about the past year’s financial crisis, sorted in decreasing order by the number of times the word “fuck” appears. In the spirit of rigorous scientific inquiry, I have also provided the number of fucks per pa (Read More)
The Big Picture
via Bill King, we get this modest variation of The Lord’s Prayer:>THE LLOYD’s PrayerOur Chairman,Who Art At Goldman,Blankfein Be Thy Name.The Rally’s Come. God’s Work Be DoneOn Earth As There’s No Fear Of Correction.Give Us This Day Our Daily Gains,And Bankrupt Our CompetitorsAs You Taught Lehman and Bear Their Lessons.And (Read More)
Submitted by Antoine Bertier
from Google Reader:
by cactusRecently the ex-GF and I were traveling, and we ended up flying on United. I haven’t flown on United in recent years, as it hasn’t been a major carrier in a number of the places I’ve lived recently. Now maybe things have changed since the previous time I was in a plane (a month earlier, Delta Airlines) but it see (Read More)
Create Digital Music
Data and images courtesy Mint.com.Mint.com, the online financial management tool, has put its numbers together with market researchers NPD Group to analyze music spending. The results: when it comes to consuming recorded music, digital music continues to rise. At the same time, so does Apple’s grip on the music consumption (Read More)
Submitted by Antoine Bertier
from Google Reader:
Click here to view the embedded video.This video demos 12Step – a neural sequencer developed by Ted Hayes at the Interactive Telecommunications Program (ITP) for New Instruments for Musical Expression (NIME).Software used: Puredata 0.41.4-extended, Ableton Live 8, Native Instruments Akoustik Piano.via Tedb0t:first iteration (Read More)
Submitted by Antoine Bertier
from Google Reader:
Click here to view the embedded video.Natasha Adorlee Johnson (Natasha and the Rejects) performs Counting Stars, while demonstrating how the TouchOSC iPhone application can be used to control video and sound.TouchOSC was used as wireless OSC to MIDI controller in conjunction with Ableton Live and Resolume VJ Software. Johns (Read More)
Create Digital Music
Digital technology has transformed the listening experience. But there’s little in the way of physical artifacts of that act, and a diminished sense of humanized relationships to an individual being at the other end. From modern radio to Internet-streamed playlists, our listening world is DJed by automated robots in streams (Read More)