As the second law of thermodynamics or gravity, vertical integration acts as a universal drag. Simple vertical integration After a nail manufacturer introduces all kinds of products made from iron, like iron bells, needles, and rings, he realises that hammers… Continue Reading
The correlation between lobbying and branding is -1. More the economy rests on markets/brands, less there is lobbying and with that less corruption. Continue Reading
I like Quora very much. People ask questions there. Since we all know that there are no stupid questions but only stupid answers, I tend to interact from time to time, even in cases when my initial sense urges me… Continue Reading
This is the third version of a post devoted to Elon Musk. This alone is proof that the phenomenon of Musk permanently occupies my attention. The first reflection of Elon Musk came in 2016, after reading Elon Musk claims that:… Continue Reading
Sweatpants in urban environment are one of malign symptoms generated from permissive western culture. Continue Reading
Cryptocurrency mining. As if gold or silver mining? Apparently, there is a deliberate tendency to understand cryptocurrencies mining as traditional mining. For that same purpose, the total amount of each currency is limited, with an unmistakable resemblance to that of… Continue Reading
Each and every human being is a part of several different cultural submarkets, but not necessary to any of arts markets. Continue Reading
Even if particular cryptocurrency cannot be inflated, since there are no restrictions on bringing new cc.’, inflation on the whole is necessary. Continue Reading
One perecived as expert yesterday is today not expert any more since he associated with one political option. Continue Reading
War is a necessary emergency of any system that is not in equilibrium. Only dead systems are in equilibrium. Continue Reading