Money
I’ve been slowly working my way through “Capital in the 21st Century“ by Thomas Piketty. It is fascinating! Some of the earliest data for his research comes from novels that described economics in the 18th and 19th centuries — like Jane Austen’s “Pride and Predjudice,” and “Sense and Sensibility.” Capital in those days was LAND. […]
Surely 9.8 million tweets can’t be wrong. Computer scientists analyzed millions of tweets from 2008, characterizing trends in “mood dimensions” with evocative names such as “Calm,” “Alert,” “Vital,” “Sure,” “Kind,” and “Happy.” The researchers found that the “Calm” index tracked well with the ups and downs of the Dow Jones Industrial Average, while preceding them […]
This week Apple passed 10 billion songs sold on its iTunes Store. The sale of individual songs made it possible for you and me to buy the one song we really want from an album without having to buy the entire album. Sales of individual songs precipitated the demise of the audio CD as a […]