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Vice on Universal Basic Income: A Response
Albert Wenger – Jan 7, 2015
I was going to write some more about deflation today but then Vice posted a piece on Universal Basic Income (UBI) by Nathan Schneider yesterday. I suggest you read it and then come back here for a response. 1. After [...] Read more
Towards Deflation: Healthcare
Albert Wenger – Jan 6, 2015
Yesterday I wrote about how free or low priced online courses are beginning to put pressure on pricing in education. As a small addendum to that: the same day the New York Times ran a front page story about home [...] Read more
Towards Deflation: Education
Albert Wenger – Jan 5, 2015
I have been arguing that we live in an era of technological deflation driven by advances in computing (including robotics). In the US, the prices for consumer durables peaked in the mid 1990s as this chart from the St. Louis [...] Read more
Underwater World: Diving in Belize
Albert Wenger – Jan 4, 2015
A couple of years back we got scuba certified as a family. This year we took our first real dive trip. We stayed at the amazingly located Itza Lodge on Long Caye which is part of the Lighthouse Reef in [...] Read more
Mobile Innovation: We Need to Get Past the App Store Duopoly
Albert Wenger – Dec 17, 2014
The shift to mobile computing is fully underway. Over time everyone in the world will have a smartphone and data speeds will go up (and hopefully prices for data plans will come down). So the race is on to find [...] Read more
Bitcoin: Clarifying the Foundational Innovation of the Blockchain
Albert Wenger – Dec 15, 2014
There is a confusion about Bitcoin that trips up a lots of people when they first learn about it: the blockchain is organizationally decentralized but logically centralized! What does this mean? Here is a 2 x 2 matrix that should [...] Read more
Lending Club IPO
Albert Wenger – Dec 11, 2014
Today our portfolio company Lending Club went public. Congratulations to the team And here is founder Renaud Laplanche on the business Read more
The Torture Report is Out, Now What?
Albert Wenger – Dec 10, 2014
I have only written about torture once before here on Continuations as part of my mini review of Zero Dark Thirty. I am glad that after long delays we at least now have a summary of the Senate’s Torture Report. [...] Read more
The New York Verdict and What I Plan to Do
Albert Wenger – Dec 4, 2014
I did not write directly about the death of Michael Brown although what happened in Ferguson was on my mind and I referred to it indirectly. I was not planning to write about the death of Eric Garner but then [...] Read more