Month: July 2006

  • Public companies considered harmful

    The owners of shares of stock in a company are often described as the owners of the company. The executive management of a company is generally described as having a fiduciary duty to increase the share price for the benefit of the owners. Indeed any action which causes the share price to go lower may…

  • Singularity, Schmingularity

    Several science fiction authors have been writing about an idea called the singularity. The theory is that technology is being developed at an accelerating pace, one which will lead humanity to a point which will be incomprehensible to people living today. And, since the pace of technological development accelerates exponentially, this will happen much sooner…