Gary Eckstein Social Media 0 facebook, government, social networking
Did you know that the CIA is tracking your very move through Facebook? Yes, the social networking Site has become the largest intelligence gathering excercise ever. Move over Twitter and Google+, the government wants you to use Facebook
Gary Eckstein Management 0 business, drucker, government, Management
No wonder the gap between what the ‘average’ person earns and what top executives earn is growing. Today we hear the CEO of HP is being replaced and is walking away with a $25 million payout. WTF! The stock price of HP under Apotheker has plummeted (40% down this year alone). When employing Leo Apotheker [...]
Gary Eckstein Management 0 ayn rand, Capitalism, daron acemoglu, democracy, Economics, freedom, government, heritage foundation, milton friedman, wall street journal
Daron Acemoglu, the Charles P. Kindleberger Professor of Applied Economics at the MIT Department of Economics, has written an excellent article for Esquire titled ‘What Makes a Nation Rich? One Economist’s Big Answer’. The hypothesis that Acemoglu proposes is that political and economic freedom are the ingredients for poverty reduction. The argument proposed is certainly [...]
Gary Eckstein General Technology 2 Australia, Australian, government, IEEE, Intel, Internet, Microsoft, nbn, networking, Patents, radioastronomy, Research, wireless, WLAN
Well done to CSIRO, the Commonwealth Scientific and Industrial Research Organization which patented a solution commonly used in wireless networking (specifically WLAN 802.11a, 802.11g and 802.11n). This Australian Government organization has agreed with various corporate users of its technology to a $200 million payout in licensing revenue. These users include Toshiba, Netgear, Buffalo, D-Link, Belkin, [...]
Gary Eckstein Management 0 AIG, Australia, bear stearns, business, economy, fannie mae, finance, freddie mac, free market economy, general motors, global economic crisis, government, Holden, large corporations, loan defaults, money, Northern Rock, rbs, small business, small business owners, sme
The global economic crisis has resulted in the collapse of numerous large companies. The most prominent of these have been those in the Finance sector (e.g. banks). The banks in particular have become far more risk averse so to minimize adverse risk of loan defaults. Of course this lowering of risk tolerance has had a [...]
