I can now say ‘i haz kitteh’. Pip and Pi are now home. Pip took a little while to settle down, but Pi pretty much ruled the roost from the word go. Thank you to MandaBurms for a lovely pair of cats.
Listening to: Every Little Thing She Does Is Magic - The Police
Well bugger me… if it doesn’t rain it pours. After singing the praises of my little MacBook I got home and the thing was as dead as a door nail. It’s a $1600+ type problem to get fixed (a new machine is about $1700). So after some cursing and swearing yesterday I am back running my Mac world from an external hard-drive. Not a long-term thing, but surprisingly effective.
We’ve started to see something really exciting with Ponoko… regular traffic blips driven by products that capture people’s imaginations. Over the past 3 weeks the following products have gained a delightful level of traction:
I found reference to this article in Tim O’Reilly’s tweets. I’m a fan of George Soros… he’s rather successful and wonderfully thoughtful. His thinking about markets and how they behave is always insightful. He stepped it up when commenting on the current situation (my emphasis):
We are currently experiencing the bursting of a credit bubble that has involved the entire financial system and, at the same time, a rise and eventual fall in the price of oil and other commodities that have had some of the characteristics of a bubble. I believe the two phenomena are connected in what I call a super-bubble that has evolved over the last quarter of a century. The fundamental trend in the super-bubble has been the ever-increasing use of leverage—borrowing money to finance consumption and investment—and the misconception about that trend was what I call market fundamentalism, the belief that markets assure the best allocation of resources.
WOW! Read it slowly - that’s George Soros implying that the market is not always the best mechanism for allocating resources.
