Archive for March 10th, 2017

Billionaire Elon Musk has offered to fix South Australia's energy issues within 100 days or do it for free if he failed to meet the deadline.

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Hands down, the most frustrating thing about IKEA’s flat pack furniture is the assembly. A mess of loose parts, bolts, screws, wayward allen wrenches and…

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Do these things sound patentable? A noninvasive method to check a fetus for genetic defects? A new MRI machine? A new oil rig? A forehead scanning thermometer? A fighter pilot helmet? More importantly, is it just to reward their inventors? And by insisting on justice, might we do well by doing good, and inspire a cornucopia of new, life-enhancing ideas? The bad news is that the Supreme Court disagrees with you; the good news is that the Intellectual Property Owners Association (IPO) has proposed a legislative fix to this serious and growing problem.
Following several recent Supreme…

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On August 21, 2001, the IMF announced that it was likely to augment its stand-by credit facility to Argentina. At that time it was figured the South American country needed an billion boost, but only weeks later the credit facility was expanded instead by .6 billion. By December 1, amidst grave political turmoil and social unrest, a bank run had begun forcing the Argentine central bank to impose a 98% reserve requirement for any additional deposits cleared after that date. It would only get worse, as the government saw three different Presidents in the space of two weeks, and a…

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