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Tag Archives: security

Spying on Citizens

Sir, Your leading article (“Digital Danger”, Jan 2) warns of the use of Chinese-made surveillance systems to track people in the UK. But neither your editorial nor the surveillance watchdog, Fraser Sampson, seems to have any qualms about British-made equipment being used for the same purpose. In 1786 Jeremy Bentham designed the Panopticon, in which a central prison watchtower could shine a light on all the encircling prison cells without the inmates being able to tell that they were being...

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Weird Is Normal

This post was originally published on Pieria in December 2013. Since then, the idea that the long-term real equilibrium interest rate must be equal to or lower than the long-term sustainable growth rate has become much more mainstream. I am just amazed that anyone ever thought it could be otherwise. A long-term real interest rate persistently above the sustainable growth rate cannot possibly be an "equilibrium" rate. As I show in this piece, it can only be maintained through rising...

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David Weiner — The important question is, Can fascism create social stability?

As David Weiner says, "important." The problem is that people prioritize security, good order and liberty in a descending order. When social dysfunction increases domestically in a liberal society, or an external threat is perceived as existential, then liberty cedes to order and, in extremis, to security. The question is whether "the free world" is facing such an issue, as some argue, and tending in this direction — vide the Patriot Act, the Department of Homeland Security, and the...

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Vesti — Putin calls for greater Internet security, without freedom barriers for users

Security versus privacy and censorship. It is necessary to improve the security of the Russian Internet (known colloquially as Runet). This was stated by President Vladimir Putin at a meeting of the Russian Security Council . For this he proposed to adopt additional normative acts. At the same time, the head of state stressed that it is not about limiting access to the internet and not about "total barriers and filters" for citizens."We must fight against those and those who use the...

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Bitcoin’s security pricing problem

I can't resist this. Blithely ignoring the utter mess he and his developers have managed to make of the cryptocurrency Ethereum, Vitalik Buterin has written a post on inflation and monetary policy. Wow. Is there no end to his talents? In this case, there is most definitely an end. Economics 101 is the end, pretty much. I don't claim to be the world's greatest economic expert - not by a LONG way - but the errors in this piece leapt out at me.  Firstly, inflation. Here is Buterin on...

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