A lot of people wondered how Google would ever make any money with a search engine. That problem was obviously solved. In any community with vast numbers of highly energetic and passionate users, there will be a variety of ways to make money. The only thing that can stop these services are high costs (YouTube and Facebook suffer from this) or someone building a better mousetrap (Facebook did this to MySpace who did this to Friendster).

By the way, News Corp’s Rupert Murdoch isn’t impressed, either, saying that the site is “a tough investment to justify because it has not yet come up with a sustainable way to make money.” He also gave the exact wrong answer to two questions: “Asked if he was considering buying Twitter, Murdoch said, “No.” Asked about selling MySpace, he said, “Hell no.”"

A world renown artist will soon be a free man after spending a year in a half in the Leon County Jail.

James Boggs was sentenced Friday afternoon to time served on weapons and drug charges.

Court records show he must serve another four years probation, including completing a mandatory drug treatment program.

Boggs was arrested back in September 2006 after deputies found a gun, an axe and methamphetamines in his van.

After the 1929 crash and deepening downturn, Fisher analyzed what happened and in 1933 wrote his "Debt-Deflation Theory of Great Depressions." It raised disturbing questions about the roles of the Fed, Wall Street and Washington, and, as a result, was largely ignored. Given the book's relevance today, this article reviews the most significant of his "49 tentative conclusions."

He believed two major factors cause depression - excess debt (based on easy credit and loose lending practices) and deflation, especially in combination. Others also affect business cycles, but they're secondary to the main ones.

Why did you build it?

Because Silicon Alley Insider said it was a billion dollar business. A billion dollar business sounded good to us.

(a zero billion dollar business)

unreleased entry point for mobile phone version of freshbooks

Where ever attention flows, money will follow.

Almost anything else except attention can be manufactured as a commodity. Luxury goods are only luxuries temporarily. They quickly are counterfeited and commodified. Premium brands are only premium because they garner a surplus of attention.

A definition of economic activity in terms of money that involves more sophisticated (and perhaps more controversial) considerations is that which sees money as a measuring rod. Economic analysis is concerned with that part of human activity, with that area of human welfare, which can be measured by the yardstick of money. The literature citing this definition reveals some confusion as to its origin. Usually this formulation of economics is ascribed to Pigou. In fact, Pigou seems to have simply taken over this definition from Marshall without much ado. It was Marshall who first most thoroughly expounded the conception of economics in terms of the money measure, and this despite the fact that his conception of economics is almost always presented by exclusive citation of the opening references in his Principles to “the ordinary business of life” and the “material requisites of well-being.”8

Dan Freidus's seminal paper on Higley coppers was published in the 1994 ANS Coinage of the Americas Conference on "The Token: America's Other Money." Therein, Friedus listed eight specimens of this die variety (including this piece). Of those eight coins, two are in museums, the British Museum and the Smithsonian Institution, and Eric Newman's is bound for one. Another had not been seen since 1918, leaving a collectible population of only four coins: the Garrett coin, the Robison coin, this coin, and a piece that was sold by Bowers and Ruddy in 1976 and was last seen in a Dana Linett auction in 1985. The Ford collection, long a mystery to Friedus, did not contain any specimens of this variety. The two Broad Axe Higleys in the Ford collection were both Friedus 3.3-C, struck from a different obverse die.

As a mechanism for efficient, secure, and trusted exchange, money is becoming increasingly digital. As advances in information and communication technologies (ICTs) extend and amplify the circuits of global finance, they are also changing the everyday lived experience of money from one of face-to-face cash transactions to one of computer-mediated representations, encounters, and transductions.

Finally, there are the great realist novelists, who often see more clearly than journalists. So far, my Google search has not picked up any excerpts from Zola’s novel Money being read on the nightly news. In this brilliant chronicle of a speculative stock bubble, launched by a character named Saccard in 1860s Paris, Zola cuts right to the heart of America’s boom-and-bust neurosis: “Wasn’t such great and rapid prosperity the result of the methods for which [Saccard] was now being blamed. All of this came together. If one accepted the success, one had to accept the risks. When you overheat a machine, it sometimes explodes.”

Judged by the amount of money directly dependent on it, the British Bankers’ Association’s London Interbank Offered Rate matters more than any other set of numbers in the world. Libor anchors contracts amounting to some $300 trillion, the equivalent of $45,000 for every human being on the planet. It’s a critical part of the infrastructure of financial markets but, like plumbing, doesn’t usually get noticed. Only a handful of economists, and no other academics, have ever looked in any detail at Libor, and even the financial press didn’t show much interest in how Libor is calculated until this spring, when there was sharp controversy over whether these crucial numbers could be trusted.

coinflation [ koin-fley-shuhn ] noun. 1. A persistent rise in the metal value of silver and base metal coins. 2. An inflationary effect on coins. 3. The difference between the metal value and face value in coins.

note that pre-1982 copper US penny worth about $0.02 in metal value

Bottle Caps Fit any standard, pry-off bottle. Do not use twist-off bottles! All caps are the same quality, except for the oxygen-absorbing caps. These caps absorb oxygen in the head space of bottles, which may reduce oxidation and premature staling. All caps come in a quantity of 144 per bag. (Standard caps $2.99 a gross, or about $0.02 each.)

Karl Marx thought so. In The Economic and Philosophical Manuscripts of 1844, a youthful work that remained unpublished and largely unknown until the mid-twentieth century, Marx describes money as “the universal agent of separation,” because it transforms human characteristics into something else. A man may be ugly, Marx wrote, but if he has money, he can buy for himself “the most beautiful of women.” Without money, presumably, some more positive human qualities would be needed. Money alienates us, Marx thought, from our true human nature and from our fellow human beings.

It is ironic that Will invoked the ghost of Galbraith who once famously said, "The process by which banks create money is so simple that the mind is repelled." Although he served in four successive administrations, Galbraith was not part of the Nixon Administration when the gold standard was completely abandoned. The ability to create money out of thin air (hence the term "fiat" money) made it much easier to conceal the true costs of the Vietnam war and the expansion of government. When Nixon's monetary policy resulted in inflation (i.e., the very definition of an increased supply of money) and unemployment, he simply imposed wage and price controls that would make any totalitarian proud. And now, the ruling "elite" in both parties are ready to go even further down the path of totalitarianism by putting the Federal Reserve in charge of the entire faltering economy ev

reminds me of friend who keeps empty bottles from a high status winery in his wine cellar, and sometimes fills them with other wine

The rentenmark's value was based on Germany's staple crop, rye, rather than on gold. In effect, the rentenmark mortgaged the theoretical value of Germany's land and industry to stabilize its currency. The currency was stabilized at a rate of 1 billion old marks to one new rentenmark. With public confidence in the new currency and wages and prices stabilized, food staples and consumer goods reappeared in shops and the vicious hyperinflationary cycle was broken.

who will be parking their cars? The 57 million American households that have both cars and access to something resembling public transit. Gasoline at $7 begins to approach prices Europeans have paid for years, meaning that chunk of America “will start to act more and more like Europeans,” Mr. Rubin says. Not soccer moms in a minivan—soccer fans, searching for tokens:

Our analysis suggests that about half of the number of cars coming off the road in the next four years will be from low income households who have access to public transit. At their current driving habits, filling up the tank will have risen from about 7% of their income to 20%, an increase that will see many start taking the bus.

“Super supporters” are a library’s best bet for “definitely” voting yes, but even their support is latent and they have an underlying fear that the library is becoming less relevant. Any funding campaign has to activate their love for the librar

a bunch of library love here; blog this on superpatron

Guide to history, Indentification and value of WW II Concentration Camp Money. Covers Paper Money, Chits, Tokens, Postal History and More. 775 full-color illustrations. Complete index.

The Ann Arbor Public schools face a difficult problem when they allocate where money will go each year: there are actually two independent budgets, and it is illegal for money from the two to mix. One budget, the operating budget, pays for teachers, buses

You heard it from NTEN first: Google announced today the launch of Google Checkout for Non-Profits. Qualified nonprofit organizations can now sign up to accept charitable donations through Google Checkout -- for free -- through at least the end of 2008. T

you have to decide at the outset whether you are trying to make money or to make sense, as they are mutually exclusive.

The Canadian dollar reached parity with the U.S. currency for the first time in 31 years on Thursday, according to Reuters data, supported by lofty commodity prices, a strong domestic economy and concerns about a U.S. economic slowdown.

Even if they have not heard the term, most people will be familiar with the idea of what a company called Wesabe refers to as “bank puke”. This firm, which is also based in San Francisco, plans to make money by clearing up such puke and turning it int

You start off with 30,000 BluBucks, their fake currency. Bets are based on topics (technology, politics, business), much like a news site. Anyone can post a bet, which consists of a question, a pot, and an ante.

The Sleeper Lake fire, one of the largest in state history, already has cost more than $3 million to fight and the DNR likely will need an extra appropriation from the state Legislature to pay the final bills.

An amateur does something out of passion and happiness; a professional does something to put food on the table and deliberately seeks fame and power for pleasure. But pleasure is not necessarily happiness.

More than $8 million in funding that state officials had pledged to retain laid-off Pfizer Inc. workers has fallen victim to the ongoing budget mess in Lansing.

like walker tracker for your wallet

And that's why, from where I sit in Silicon Valley, there are probably 200 venture capital firms within 20 miles with likely over $20 billion of capital at their disposal chasing a very small number of good potential investments, despite terrible average

Tuesday, June 12th, 7:00-8:30 PM, Burns Park Auditorium (1414 Wells St.)

Ann Arbor Parents for Schools, in cooperation with the Burns Park PTO, has scheduled a community meeting to discuss the current school budget crisis. Superintendent Todd Roberts w

aha, so this is what it does. could very easily use.

big money contributors to John McCain's campaign from Ann Arbor, MI 48104

daily personal finance blog

A. For the remainder of the fiscal year ending September 30, 2007, a moratorium is imposed on the expenditure of funds in the form of grants to persons or entities.

PHILADELPHIA — An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, including “In God We Trust,” and are fetching around $50 apiece online.

Now there's an exciting new service called Coin to Card™ that gives you free coin counting when you turn your coins into a Gift Card or eCertificate at participating Coinstar® Centers.

network analysis of the where's george dataset showing the nature of the travel patterns in the USA.

refrigerator energy savings calculator - enter your old fridge's model number, and it tells you how much money you can save

not the lowest expenses, and beware the minimum account balance fees

united healthcare member site

prosper = microcredit for USA

a discardian tip on saving money (and getting rid of useless services)

largely negative reviews of billmonk on metafilter. "bistromatics"

an organized way to track social money obligations, item on livejournal

UK only, so far as I can tell

michigan economic development program for 2006

describing the economy of people of Chinese "farmers" in online role-playing games

the link goes directly to the Ann Arbor prices

more michigan forms and assessments rules

when the city messes up your property taxes, this is what you fill out to protest

"he who knows he has enough is rich"

save more, spend less, pay off the credit cards, that kind of thing

if you cultivate a healthy poverty and simplicity, so that finding a penny will literally make your day, then, since the world is in fact planted in pennies, you have with your poverty bought a lifetime of days.

solidly democratic according to fundraising

0.4mm square chip, no external antenna

from the perspective of a cardiologist with a busy practice. time is money

fundraising site, small model. jason kottke, designer. uses paypal and typekey

no, not a motorcycle club

macos keeping track of your money without quicken hell