Data mining shows global link between wealth and corruption

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A question that social scientists and economists have long puzzled over, how corruption arises in different cultures and why it is more prevalent in some countries than others.  But finding correlations between corruption and other measures of economic or social activity has always been difficult. Continue reading… “Data mining shows global link between wealth and corruption”

Will the sharing economy disrupt the banking industry?

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In the same way that it has torn apart newspapers, radio and the postal service, Bank of England Governor Mark Carney worries that technology will disrupt the banking and financial services industry.  His biggest concern is governments will fail regulate it until it’s too late – “an Uber-type situation,” as he said at the World Economic Forum in Davos last week. Continue reading… “Will the sharing economy disrupt the banking industry?”

Should coding schools have free enrollment under Obama’s new free community college initiative?

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If the fundamental premise of President Obama’s new initiative to make community college free is to open up career and life opportunities for the nation’s young — especially those from underprivileged backgrounds — then the federal government should also be thinking of ways to cover the tuition costs of individuals attending coding boot camps. Instead of paying for a two-year community college program, the government could instead get more bang for less buck by paying for a 12-week program. That’s something that the nation’s first coding president should understand.

Continue reading… “Should coding schools have free enrollment under Obama’s new free community college initiative?”

The Branding of Marijuana in the Marketplace

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The market for marijuana is changing, at least in the states where the drug has been legalized. In Colorado and Washington, where recreational marijuana is legal for adults, cannabis sellers are finding new approaches to the way they sell their products. The new business plan, for many, includes advertising and marketing — a shifting image.

Continue reading… “The Branding of Marijuana in the Marketplace”

Preventing Patent Trolling

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The last decade was a boom time for patent trolls. Their names and lawsuits made the news; This American Life dedicated two hour-long episodes to them. The number of defendants in patent troll lawsuits increased sixfold from 2003 through last year. But now the tides seem to be turning for them: After growing very rapidly since 2009, the number of lawsuits filed by “non-practicing entities” will be significantly lower this year compared to 2013. Although the level of litigation will still be at a historic high, is this indicative that they are finally being reigned in?

Continue reading… “Preventing Patent Trolling”

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