Accounts

It used to be

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It used to be that you needed a $500-million-a-year company in order to reach a worldwide audience of consumers. Now, all you need is a Steam account. That changes a whole bunch of stuff. It’s kind of a boring ‘gee, information processing changes a stuff’ story, but it’s going to have an impact on every … Read more

The past record of

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The past record of man is burdened with accounts of assasinations, secret combines, palace plots and betrayals in war. But in spite of this clear record, an amazing number of people have begun to scoff at the possibility of conspiracy at work today. They dismiss such an idea merely a conspiratorial point of view. G. … Read more

When banks place credits

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When banks place credits into your account, they are merely pretending to lend you money. In reality, they have nothing to lend. Even the money that non-indebted depositors have placed with them was originally created out of nothing in response to someone else’s loan. So what entitles the banks to collect rent on nothing? It … Read more

The denial of any

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The denial of any distinction between foreseen and intended consequences, as far as responsibility is concerned, was not made by Sidgwick in developing any one ‘method of ethics’; he made this important move on behalf of everybody and just on its own account; and I think it plausible to suggest that this move on the … Read more