Kick the can

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Kickstarter looks like a great idea. A business idea bypasses the venture capitalists and goes straight to the consumer, raising funds directly in return for a free copy of the finished product or other incentives. And because I’m a journalist, I’ve been playing recently with the idea of kickstarting a new magazine. Except, I’m really… Continue reading Kick the can

Numbers game

It’s been bothering me for a while, but until tonight I never bothered to do any research on it. Here’s Brian Lenihan’s version of it, as paraphrased by The Journal earlier today: “The Finance Minister said Ireland’s taxation system was no longer “fit for purpose”, saying that the upper 8% of taxpayers accounted for 60%… Continue reading Numbers game

Failure Is Good

Way back in September 2008, I wondered what had become of free market philosophy, as the US government scrambled to rescue crumbling banks. Two weeks later, Ireland guaranteed bank deposits and bondholders. A lot has happened since then. Back in 2008, I asked what happened to the belief in creative destruction. I’m still wondering. Capitalism… Continue reading Failure Is Good

Why opposing the blasphemy law is pointless

As is my habit, I stopped in a local store on the way home this evening to pick up a few essentials – milk, a bottle of orange juice to slake the thirst from the Summer heat, you know the drill. As I queued to pay at the checkout, I read the signs on the… Continue reading Why opposing the blasphemy law is pointless

Faduda v. Microsoft Part II

Today I got a reply to my letter to the Competition Authority about the Windows Tax. Reproduced below are key sections, along with my thoughts. Computer manufacturers tend to bundle laptops with pre-installed Windows. This may lead to significant cost saving or efficiency gains. It is therefore less expensive for computer manufactures to acquire a… Continue reading Faduda v. Microsoft Part II

Any Colour You Want…

I’m in the market for a new computer. Maybe. It depends on whether my laptop can be repaired economically. I’ve spent the last few days shopping around, and it’s been an education. My requirements are relatively modest, a midrange laptop, big enough to handle my everyday workload, small enough to lug around on the road.… Continue reading Any Colour You Want…

Change of Heart

Where have all the free market enthusiasts gone? Time was, you couldn’t watch an American business satellite TV channel without some advocate of the invisible hand celebrating the free market that regulated much more efficiently that any government-appointed overseer. The doctrine of creative destruction, where the failure of bad firms and the success of well-run… Continue reading Change of Heart