Tag Economics

Economics as Informatics

The dismal science, aka economics, remains one of the great ponzi schemes of all times. Let me remind you what a ponzi scheme is: cigar chewing salesman gets you to buy snake oil with the promise of major returns. In…

Uber Economics

The crowd livery company Uber’s riding hot. It’s latest market valuation is $17 billion. Not bad for a company that connects freelance drivers to customers via mobile apps. Uber’s success showcases the latest avatar of valley entrepreneurship. Uber doesn’t own…