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…the unit cost of intermediation is higher today than it was a century ago, and it has increased over the past 30 years. One interpretation is that improvements in information technology may have been cancelled out by increases in other financial activities whose social value is difficult to assess.


http://www.nakedcapitalism.com/2013/02/thirty-years-of-financial-inefficiency.html#iQZxYhgZJVWBE10t.99

15 Notes

Sandberg may mean well, and she may be setting up a run for national office. But she doesn’t understand the difference between a social movement and a social network marketing campaign. Just because digital technology makes connecting possible doesn’t mean you’re actually reaching people.

People come to a social movement from the bottom up, not the top down. Sandberg has co-opted the vocabulary and romance of a social movement not to sell a cause, but herself.

She says she’s using marketing for the purpose of social idealism. But she’s actually using social idealism for the purpose of marketing.

Maureen Dowd, in Pompom Girl for Feminism, pushes back on Sheryl Sandberg’s Lean In. (via stoweboyd)

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London 2012, a set on Flickr.Send me to London any day! Just back from a week on business.
IMG_0586IMG_0589IMG_0594IMG_0597

London 2012, a set on Flickr.

Send me to London any day! Just back from a week on business.

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Stormy Monday (at Deloitte)

Stormy Monday (at Deloitte)

146 Notes

Arctic sea ice shrinks to smallest extent ever recorded | Guardian

climateadaptation:

kateoplis:

Satellite images show that the rapid summer melt has reduced the area of frozen sea to less than 3.5 million square kilometres this week – less than half the area typically occupied four decades ago.

One example why this matters - record heating bills and (an expected) spike in CO2 emissions for 2013:

Canadian scientists said this week that the record melt this year could lead to a cold winter in the UK and Europe, as the heat in the Arctic water will be released into the atmosphere this autumn, potentially affecting the all-important jet stream. While the science is still developing in this area, the Met Office said in May that the reduction in Arctic sea ice was contributing in part to the colder, drier winters the UK has been experiencing in recent years.”

Following