Archive for July, 2008

Innovation Through Simplification

Wednesday, July 16th, 2008

I met Tim Bray today! He’s a really nice guy and offered lots of great insight about a variety of topics.

One interesting thing that he mentioned was how innovative technologies can be derived by simplifying existing technologies. This was the case in the derivation of XML from SGML. SGML predates the rise of [...]

Too Big To Fail

Sunday, July 13th, 2008

So much of what I read about the “housing crisis” indicates that the problem is rooted in the “marketization” of the mortgage industry. Mortgages were turned securities that were then traded in a market where the underlying risk of the securities was hidden. In this explanation, the problem is that the free market [...]