Human existence changed irreversibly after the invention of indoor plumbing and the municipal supply of water and sewage. The advent of electricity also changed life as we know it, and so did automobiles, the telephone, penicillin, pasteurization, the polio vaccine, and much more. In his book, The Rise and Fall of American Growth; The US …
Twenty years of the Commercial Internet
In August 1995, Netscape held its initial public offering and caught the attention of every participant in computing and communications. It was a catalytic event for the commercial Internet, and it started the beginning of a long boom in investment by private firms, households, entrepreneurs, and venture capitalists. With the 20th anniversary approaching, it’s time …
The Wi-Fi Journey
Behind every successful technology lie many quirky stories showing how it grew like a teenager or barely averted disaster. With the passage of time, most of those stories fade into obscurity or, at best, become parts of verbal explanations accompanying countless resumes. The few events that find their way into public discourse, if any do …
The Dismal Economics of Moneyball
Moneyball is a huge hit, which doesn't happen too often to movies featuring an economics major who's good at statistics. It tells the true story of how the Oakland A's became a competitive team despite having a payroll less than 1/3 of the Yankees. They did it by using statistical techniques pioneered by sabermetrician Bill …