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Monthly Archives: June 2006

Crowdsourcing: An Information Business Model

Wednesday, June 28, 2006

From this very interesting article at Wired:
Technological advances in everything from product design software to digital video cameras are breaking down the cost barriers that once separated amateurs from professionals. Hobbyists, part-timers, and dabblers suddenly have a market for their efforts, as smart companies in industries as disparate as pharmaceuticals and television discover ways to [...]

Filed in Business, Economics, Technology | | Comments (2)

We should welcome foreign workers with open arms

Wednesday, June 28, 2006

Don Boudreaux (who is incidentally a professor at GMU) explains it best:
The strongest economic argument against immigration is the claim that immigrants free-ride on government-provided goods…
I understand that on pure utilitarian grounds it’s too simplistic to say “Oh, the solution is for government to stop supplying these things.” Given that government is supplying or [...]

Filed in Economics, Singapore | | Comments Off

I think you mean to say “the ends justify the means”

Saturday, June 17, 2006

As the Director for Corporate Communications says over here:
In fact, he would not have been of any interest to CNB otherwise; it was his drug abuse which led CNB to investigate him in the first place.
When Yeo was asked if he had any drugs, he volunteered to take drugs to the hotel where he was [...]

Filed in Law, Singapore | | Comments (18)

Quick Update: You don’t need record companies to develop the music industry

Wednesday, June 14, 2006

In another insipid and one-sided article, the CNA highlighted the terrible woes of record companies in Singapore. Here.
Key quotes:
But the influx of parallel imports has taken a toll on the music industry.
According to a study conducted by the Recording Industry Association of Singapore (Rias), there has been a staggering 25-per-cent fall in CD sales in [...]

Filed in Business, Copyfight, Economics, Entertainment | | Comments (1)

Quick update: Proof that I am right about LHL

Friday, June 2, 2006

In terms of economic policy, he knows what he is doing. The right ideas win my vote.
Tackling terrorism and ensuring a global security landscape is not just about taking care of the physical aspects.
It also depends on how countries remain interdependent on each other.
His message: continue to promote free trade and keep an open trading [...]

Filed in Politics, Singapore | | Comments (5)
Creative Commons Attribution-NonCommercial-ShareAlike 2.5 Australia
Creative Commons Attribution-NonCommercial-ShareAlike 2.5 Australia