Capital for the Third World

I recently came across a wonderful idea for providing peer-to-peer lending to entrepreneurs in developing countries. The idea seems akin to the principles of the Grameen Bank, providing microcredit in this case primarily as a form of aid. The system allows people with spare cash to browse potential applicants and offer them money in the…

Market Games

There are very few today who would deny that the quality of our food has dropped, partly as a result of the change embodied by the death of the local shop and the rise of the supermarket. Where once the only change was that our food was pre-grown, now we find it has been pre-grown,…

BT and the Cost of Money

How much does it cost to pay? That might appear to be an odd question, but it is a seldom acknowledged hidden attribute of the market economy. Paying costs. If one only imagines the contingencies required to handle the coin money which filters through any system of minor payments, such as a road toll booth,…

Advertising Takes The Logical Next Step

We should be clear about one thing. In-game advertising isn't new. And not just the self-effacing, tongue-in-cheek form of advertising epitomised by the Loom™-toting pirate in LucasArts' The Secret of Monkey Island. Anyone who remembers Zool from the early 1990s might recall the Chupa Chups sponsorship deal, and the FIFA series has been using advertising…

Whose National Trust is it Anyway?

A visit to Threave Gardens near Castle Douglas in Dumfriesshire, one of the National Trust for Scotland's many well-kept properties in the south of Scotland. Beautiful weather, the height of the summer, and the chance to explore a well-kept garden and the fully restored Threave House. As the NTS website even offers: Visit the Countryside…