By Alex Singleton on Jan 10, 2007 in Entertainment | 0 Comments
A recent issue of Time magazine highlighted the massive change in the media that is happening thanks to new technology. YouTube, bought last year by Google for $1.65bn, allows ordinary people, equiped with their home computer, a camcorder, and software like iMovie, to distribute their own home-made programs, fundamentally shifting power away from broadcasters […]
By Alex Singleton on Jan 8, 2007 in Environment | 0 Comments
Greenpeace has been suffering a wave of criticism after issuing a press release denouncing the environmental record of Apple computers. Unfortunately, for Greenpeace’s smear campaign, the lobby group’s claims are contradicted in its own research and by America’s Environmental Protection Agency, which rates Apple laptops as the most environmentally friendly on the market. The EPA […]
By Alex Singleton on Jan 8, 2007 in Trade | 0 Comments
Adam Smith summed up the delusion of worrying about the”balance of trade” very well:
“Nothing, however, can be more absurd than this whole doctrine of the balance of trade, upon which, not only these restraints, but almost all the other regulations of commerce are founded. When two places trade with one another, this doctrine supposes that, […]