Here is a good article on the economics of the TV show American Pickers. I really like seeing what these guys find on this show. Its amazing that they can find so much value in things that seem to be complete junk. I like the article because it points out the value of the infrastructure they have created. Also, its good to reflect on this article and ask ourselves “what value are we creating with our infrastructure”?
Check out this awesome video that shows all of the flights over the US in a day. Its amazing how many planes are moving around at one time. The video also shows what happens during a major storm and the effects of the September 11th, 2001 attack at the World Trade Centers.
I came across this article today. The government wants to regulate the internet to ensure “a free and open internet”. However, as we know from everything else that the government regulates, the outcome will be much different than they are advertising. What typically happens when the government regulates is that cost go up, corruption occurs, and “the little guy” can no longer participate. The internet has become so important to the way that we all interact with each other. Lets hope that these regulations do not become reality.
The consequences of government regulations are severe and far reaching . They reduce employment, increase cost, and put small businesses under (just to list a few). Below is a link for more information.