PEG 2.0

You cannot understand the economy without understanding the markets, and you cannot understand the markets without trying to beat them.

Red-Blooded Risk: The Secret History of Wall Street by Aaron Brown (via alea)

fred-wilson:

cool blog. this guy is drawing all the buildings in NYC.

(via ALL THE BUILDINGS IN NEW YORK: Google Building NYC)

theatlantic:

The Political Consequences of a Drones-First Policy

The global counterterrorism mission imposes substantial political costs to the U.S. Yet, policymakers are rushing ahead anyway. Why we should start thinking more about politics, and less about killing bad guys. Read more.

[Image: Reuters]

The antiterrorism via flying-killer-robots policy mixes the worst of the Right’s love for blowing shit up all over the world with the worst of the Left’s love for technocratic, clean-hands solutions. It can’t end well.

tokyo-bleep:

Village school teacher, Germany, 1921 by August Sander

(via welldressedman)

VC activity in the New York metro area peaked in the third quarter [of 2011], with 100 companies receiving a total of $909.2 million.

Emily Laermer, “NY area firms land most VC money since recession,” Crain’s New York Business (via nycedc)

(via joeconyers)

Patrick Stewart in The Captains on his initial (failed) attempts to make the TNG crew behave more seriously.

(Source: fuckyeahtng)

theatlantic:

Elite Wall Street Donations Jumped 700% in the Last 20 Years

Banks “frankly own the place,” Sen. Dick Durbin famously said of Washington during the debate over financial regulation in 2010. And when it comes to total contributions for big donors, you can see what he’s talking about in this chart. (FIRE = the Finance, Insurance and Real Estate sector) Read more.

[Image: Sunlight Foundation/Highcharts]

sexartandpolitics:

It took me a second to process this image.

(Source: esobvio)

Saying “the desire to explore and understand is part of our character,” President Bush Wednesday unveiled an ambitious plan to return Americans to the moon by 2020 and use the mission as a steppingstone for future manned trips to Mars and beyond.

Bush unveils vision for moon and beyond - CNN

Jan 15, 2004

(via sexartandpolitics)

jedsundwall:

word:

hyperlink in a newspaper

Finally!

Tomcat!

(Source: brotherbrain.com, via achieveuniqueness)

the more important point to keep in mind is that a meritocracy is not necessarily a very admirable place, unless it’s also a humane society in which people are enjoying a high quality of life.

What Would Meritocracy Look Like?

awkwardly for publishers, Amazon is their largest retailer, so they are now in the position of having to compete against an important business partner. On the West Coast people cheerfully call this kind of arrangement coopetition. On the East Coast it’s usually referred to as getting stabbed in the back.

Amazon’s Hit Man - BusinessWeek

The idea that visionary geniuses are best-poised for radical innovation is simply misleading. Maybe Jobs or Steve Wozniak were visionary geniuses working in uninterrupted solitary isolation … when they weren’t busy working crazy-long hours with the rest of their über-talented crews in the cultural cradle of high-tech innovation.

frogdesign’s Fabio Sergio says blending dissonant goals into harmony is the secret to innovation, emphasizing collaborative environments – a view contrary to certain famous entrepreneurs‘ insistence that working alone is the secret to creativity. (via curiositycounts)

(via curiositycounts)

70% of the Times’ operating profit in 2011 went to pension and interest costs.

The Pay Package For Departed New York Times CEO Janet Robinson Is Much Bigger Than We Thought