When you ask for money, you get advice. And when you ask for advice, you might get money.
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Yearly Archives: 2009
Max Keiser: Je suis un artiste incompris.
[…] What I think PirateMyFilm will bring to the copyright reform party is the idea that films and music can be collectively financed, i.e., crowd financed, with both the artistic creator and the art consumer participating in the revenue streams.
To me, economics, markets and finance are an artistic medium in their own right and, as such, can be modeled, molded, manufactured and modified in artistic ways reflecting self expression as easily as paint, words, clay or plastic.
All of the projects I’ve been involved with for the past 15 years: [Hollywood Stock Exchange], KarmaBanque, GulagWealthFund, PirateMyFilm and my yet-to-be-publish novel, “Buy Love, Sell Fear,” all share this common characteristic of seeing price discovery and market making as a form of self expression and artistic freedom.
The (new) Internet business models
This is the latest addition in our series about how to make money on the Web by giving out free content to get access to people and get their attention…- and selling them something valuable with the other hand. So, here’-s Michael Masnik. While you watch it, do download the files in MP4 using Video Download Helper, so that you can re-watch them later on on your own, when you are disconnected from the Internet.
If your feed reader doesn’-t show you the 4 embedded videos below, then download this post.
If your feed reader doesn’-t show you the 4 embedded videos above, then download this post.
PS: Deep apology to the Linux users. I don’-t think they can view the videos. I will make up to you.
UPDATE: Mike Linksvayer:
The videos play fine on Linux, assuming the right (patent encumbered) codecs are installed, as they are on most systems. The silly interface wants you to use an officious quicktime install more than it wants you to watch the videos. So one just has to access the videos directly —-
http://s3.amazonaws.com/mdialogueproduction/20931/16765/Mike_Masnick_Keynote_Part_1.mp4
http://s3.amazonaws.com/mdialogueproduction/20931/16771/Mike_Masnick_Keynote_-_Part_2.mp4
http://s3.amazonaws.com/mdialogueproduction/20931/16844/Mike_Masnick_Keynote_-_Part_3.mp4
http://s3.amazonaws.com/mdialogueproduction/20931/16853/Mike_Masnick_Keynote_-_Part_4.mp4
A young Hanson fanboy tries to build a new civilization that would float somewhere on the Ocean, far away from the supremacy of law… and, in the process, lashes out at his like-minded libertarian fellows operating in think tanks and political parties.
Folk activism broadly corrupts political movements. It leads activists to do too much talking, debating, and proselytizing, and not enough real-world action.
He asks the libertarian people to stop investing in ideas but, rather, in actions:
If a fraction of the passion, thought, and capital that are wasted in libertarian folk activism were instead directed into more realistic paths, we would have a far better chance at achieving liberty in our lifetime. We must override our instinct to proselytize, and instead consciously analyze routes to reform. Whether or not you agree with my analysis of specific strategies, my time will not have been wasted if I can get more libertarians to stop bashing their heads against the incentives of democracy, to stop complaining about how people are blind to the abuse of power while themselves being blind to the stability of power, and to think about how we can make systemic changes, outside entrenched power structures, that could realistically lead to a freer world.
Cato’-s Tim Lee rebuts his ideas.
His own daddy rebuts his ideas, too:
My conclusion is that while something like seasteading or crypto anarchy may indeed be the most hopeful path to a freer future, those are not the only sorts of approach worth attempting. An alternative, for academics, authors, newspaper columnists, anyone able to produce ideas and information and put them into circulation, is to try to alter the mix of free information that drives the coarse control mechanism of democracy.
Why HubDub won: Google loves HubDub, and the Google users love what HubDub produces.
Seesmic Desktop helps us manage the monitoring of prediction market chattering over social media.
The 2 abominable organizations of the week
This week’-s villains:
– U2’-s manager, Paul McGuinness.
– The Associated Press’-s chairman, Dean Singleton. (More here.)
The statements from both of these nefarious organizations will lead me to boycott their products —-starting today.
PS: This video is hilarious…-
PartyGaming PLC said Tuesday it has reached a non-prosecution agreement with U.S. authorities over its defunct operations there, with the online gambling group agreeing to pay a $105 million… fee.
Wall Street Journal – $$$
Prediction markets about science and technology
http://science.newsfutures.com/
NewsFutures + Science &- Vie (a science magazine published in the F country)
In French, alas, but I am sure Emile would lend the same technology to some English-speaking magazines in the U.S. or the U.K. that would want to open the same kind of prediction exchange for science.
Ten people are bidding on a stock at 90, while 100 people are offering to sell it at 91. What price is the next trade?
Slate:
Interviewees often say that since there are more sellers than buyers, the sellers get to determine the price. That logic usually yields an answer between 90 and 91. That’-s exactly wrong. “-They’-re not thinking about what’-s going on in the real world,”- says Rubczyk. In reality, when there are more sellers than buyers, the price falls. So the next sale would probably be in the mid- to low 80s.
“-Some candidates would say you can’-t answer that question, because there’-s no formula,”- says Rusczyk. “-If that makes their heads explode, that’-s a problem.”-
What would our Jason Ruspini have answered to that quiz?