( Read more... )

In a statement on Thursday, Amazon said an employee on its S3 team was working on an issue with the billing system and meant to take a small number of servers offline -- but they incorrectly entered the command and removed a much larger set of servers ( Read more... )

Studies suggest financial decision-making ability tends to reach its peak in a person’s mid-50s, after when deterioration sets in ( Read more... )

Control was not easy - this gives an extra spin to Frontinus' idea of mathematization as imposing order on a territory. The imposition of order is a dialectic, dynamic process through which a model of administrative control is applied to the specific nature of a place. This dynamic implies a negotiation of various factors, and I think that the role ( Read more... )

It's interesting to see how Trump uses the language of business to fool people when he says, "If Putin likes Donald Trump, I consider that an asset, not a liability ( Read more... )

There are various problems as regards language. First, there is the problem what actually occurs in our minds when we use language with the intention of meaning something by it; this problem belongs to psychology. Secondly, there is the problem as to what is the relation subsisting between thoughts, words, or sentences, and that which they refer to ( Read more... )

If we consider hacking being a trespass, Coase's analysis of the problem applies. Therefore, we either establish a rule/negotiation system with low transaction costs, or impose retribution costs on the trespasser.

Contrary to popular belief, the brain is not designed for thinking. It’s designed to save you from having to think, because the brain is actually not very good at thinking.Thinking is slow and unreliable. Nevertheless, people enjoy mental work if it is successful. People like to solve problems, but not to work on unsolvable problems ( Read more... )

TIL that the human capital theory of labor is no longer applicable. Instead, we should use the Thurow's model of the job market. I think the model would provide a plausible explanation for the 2016 election results:
...the level of job in the job queue that is available to an individual will depend not simply on how much education - or thus human ( Read more... )

Ok, let's continue with the Problem category ( Read more... )