September 30
"Through the quarter-century in which China has been opening to world trade, Chinese leaders have deliberately held down living standards for their own people and propped them up in the United States. This is the real meaning of the vast trade surplus—$1.4 trillion and counting, going up by about $1 billion per day—that the Chinese government has mostly parked in U.S. Treasury notes. In effect, every person in the (rich) United States has over the past 10 years or so borrowed about $4,000 from someone in the (poor) People’s Republic of China."
James Fallows on how the trade deficit between China and America works and what it means for the future.
posted by afu at 12:30 PM -
29 comments
A most unusual panorama: a proof of concept combining 180 degree panorama photography along with camera movement.
The camera mounted with a fish-eye lens is placed on a trolley traveling in a circle.
posted by bluedaniel at 9:31 AM -
32 comments
London Underground blogger Annie Mole experiences the New York subway for the first time here ->
1,
2,
3,
4,
5 and
6.
posted by feelinglistless at 8:52 AM -
25 comments
"The
Quake-Catching Network is a collaborative initiative for developing the world's largest, low-cost strong-motion seismic network by utilizing sensors in and attached to internet-connected computers." The Economist's writeup
notes that, since network communications are (sometimes) faster than the speed of sound in the earth's crust, a distributed network's observations of a temblor might reach a warning network before the quake itself reaches a traditional seismometer.
[more inside]
posted by fantabulous timewaster at 8:31 AM -
7 comments
"In the limit of an infinite economy, the number of initial downgrades is Poisson distributed. This captures the idea that the shock initially affects only a small number of firms.
Nonetheless, the distribution of the total number of defaults has slowly decaying tails ... A firm might well be able to absorb its shock, but it might not be able to absorb both the shock and the resulting deterioration in the average rating. The initial downgrades may thus trigger additional defaults that, in turn, further deteriorate the average rating, and so on. In
a large economy, this cascade can be described by a branching process." Ulrich Horst, Journal of Economic Behavior & Organization, 2007. (
Internet supplement!)
[more inside]
posted by geoff. at 8:14 AM -
6 comments
Concert promoter LiveDaily has an acoustic live sessions program (video starts playing). It's been running since March of this year and so far 33 artists have performed:
Priscilla Ahn,
The Raveonettes,
Black Lips,
Paddy Casey,
Dawn Landes,
Lykke Li,
The Duke Spirit,
Frightened Rabbit,
Foreign Born,
The Dodos,
The Virgins,
Radar Bros.,
Langhorne Slim,
Shwayze,
Joseph Arthur,
Missy Higgins,
Wild Sweet Orange,
Le Switch,
Deadly Syndrome,
Steve Poltz,
Weather Underground,
Imaad Wasif,
Rogue Wave,
David Ford,
Takka Takka,
Black Ghosts,
The Airborne Toxic Event,
Tally Hall,
Lionel Loueke,
Calico Horse,
Rademacher,
Judith Owen and
Carrie Rodriguez
posted by Kattullus at 4:02 AM -
8 comments
Tired of the current web? Have all the cool domain names already been registered?
The second web bills itself as
geocities 2.0 with a web browser-esque interface stuck on top of it "a completely new World Wide Web. A new Web Browser, a new domain name system and completely new websites."
posted by slater at 12:10 AM -
45 comments
September 29
When Judges Make Foreign Policy. "In a globalized, post-9/11 age, decisions made by the Supreme Court are increasingly shaping America's international relations. When the next justice is appointed, our place in the world may well hang in the balance."
posted by homunculus at 11:00 AM -
11 comments
September 28
"In Denver there were vendors nearby when we ate breakfast. Stretch limos outfitted with powerful communications technology stalled in murderous crosstown traffic. Helicopters shine searchlights down at the buildings, the crowd. Chanted rhymes emerge like a collective tribal memory. Allegations are advanced concerning faked pregnancies. "This is one of those moments." There is a meet-and-greet with the guy from the Doobie Brothers.
A voice from the subconscious: Toyota Corola."
Don DeLillo
blogs about the Presidential elections for The Onion.
posted by plexi at 1:04 PM -
41 comments
The Congress for the New Urbanism has just released
Freeways Without Future, their top-10 list of aging highways that should be demolished in favor of city-friendly boulevards.
"There's a whole generation of elevated highways in cities that are at the end of their design life," says John Norquist, head of the
Congress for the New Urbanism.
"Instead of rebuilding them at enormous expense, cities have an opportunity to undo what proved to be major urban-planning blunder." Take that,
Robert Moses.
posted by Afroblanco at 10:02 AM -
54 comments
Is This a 'Victory'? "We hear again and again from Washington that we have turned a corner in Iraq and are on the path to victory. If so, it is a strange victory."
posted by homunculus at 10:00 AM -
45 comments
The
Casio F91W is a cheap, common digital watch which, as described by Casio themselves, has a "tried and true style great for casual wear". It has a fairly unremarkable set of features: water resistance, a light, an alarm and a calendar. There is, however, one undocumented feature that makes this particular watch special –
it can be used as evidence that you're a terrorist. More info at
Wikipedia.
posted by HaloMan at 9:42 AM -
43 comments
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