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Entries from December 27th, 2012

Free: The New Currency

December 27th, 2012 No Comments

About 10 years ago while I was still an undergraduate, I remember taking a course called Knowledge Economy. The lecturer who also co authored the textbook we were using, described how knowledge will be the new capital vs what emerged from [the remnants of] the Industrial Revolution where the factors of production are (a) labour (b) land […]

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The Jevons Effect

December 19th, 2012 No Comments

The latest craze in Malaysia is arguably the Big Bad Wolf sale from 7 – 23 December 2012. It is the biggest book sale in the world with more than 3 million books offered at steep discounts. I was told that the mastermind behind this is the same couple who run BookXcess. I would be very much […]

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The Elder’s Manifesto

December 9th, 2012 No Comments

Besides exuding a vampire-like feeling (Elder just strikes me as a Vampire Elder, one of the three original Vampires: Marcus, Viktor, and Amelia), the man of the hour is Alexander Elder, a professional stock trader. Elder was born in Leningrad and grew up in Estonia, where he entered medical school at the age of 16. […]

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The Economic Truth

December 5th, 2012 1 Comment

Many people, I presume, occasionally vow to learn something new, only to find themselves beaten down a couple of months later. This enthusiasm sometimes coincides with yearly resolution setting.

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