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Comment Charities I personally recommend (Score 1) 570

FWIW, my favorite charities, in the order of how much I donate:
  • Doctors Without Borders -- because they just go and help
  • Amnesty Inernational -- because they have a track record of defending human rights
  • EFF -- doesn't need explanation here
  • WAMU -- local public radio station
  • Miriam's kitchen -- local homeless food
  • local community child care for their need-based grant fund

Comment 2006 earthquake in Basel, Switzerland (Score 1) 288

In 2006 there was an earthquake in Basel, Switzerland, caused by geothermal engineering. They drilled a 5km deep bore and injected water under pressure, which is very similar to what's done for fracking. Strangely enough, Switzerland has tectonic zones---Basel was wiped out by a major earthquake in 1356:

http://www.swissinfo.ch/eng/Home/Archive/Man-made_tremor_shakes_Basel.html?cid=46232

Comment asymmetric risk management (Score 1) 151

It's curious how we never hear about rogue traders caught _earning_ 2B$. The hedge traders are supposed to run balanced trades that do not have large downside risks, but consequently aren't supposed to earn fantastic profits---so a trader who suddenly earns a lot of money was likely to have violated his guidelines, and the risk management people in theory should police it just as vigorously. In practice, I can't remember anyone being fired for extra earnings, so I suspect that those controls are purposedly kept vague and/or easy to circumvent.

Comment Re:stupid question but..... (Score 1) 563

If this can save so much money why isn't the health care industry already doing it? Are they really that stupid or are all the promises of big savings not likely to pan out?

It's a perfect example of the network effect. The savings can only materialize if everybody agrees on the same standard, getting past the usual 'what we are currently doing must be the standard' bickering.

Standardization efforts are hard because they combine technology, business and cultural issues. A successful standard has to find a balance between negative feedback of skepticism and low expectations resulting in unsatisfactory outcomes, and hyper-enthusiasm that can bring over-specified unworkable monsters.

Historically, the best outcomes occurred in a relatively uncrowded fields where early players made a wise strategic commitment to interoperability (c.f. the "rough concensus and working code" mantra of Internet standards).

The government might be a good neutral referee if it plays its hand well.

By the way, a working DRM would actually be a desirable feature of the electronic health record system---only you and your delegates should control the access to the records. It will be hard for the government to propose such access restrictions, because of the public distrust towards the digital art content control and government secrecy.

Comment Re:willingness to relocate (Score 1) 494

This is what happens when capital and goods can freely cross borders but people can't. Capital will simply chase poverty in a never ending circle around the globe.

Except that it is not as simple as that: a lot of Poles used to work in Ireland, which was one of the first EU countries that allowed labor migration from new Eastern EU members. Recently however, due to ecomomy tightening in Ireland, and relative economic boom in Poland, many Polish expatriates are returning eastward.

Labor cost is still important but not as much as it used to be: capital situation, tax incentives, closeness to large markets, etc., are gaining importance as a result of the current crisis.

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