Hernando de Soto’s brilliant Wall Street Journal op-ed today, “Toxic Assets Were Hidden Assets,” contains a wealth of common sense.
Monday’s Information Age column by Gordon Crovitz is all about XBRL. The headline is the message: “Transparency Is More Powerful Than Regulation.”
Sorry, Midnight — late breaking news has bumped you off top billing, but if it helps the economy recover, maybe we can upgrade your dog food.
XBRL US produced a remarkable 29-page document explaining how adoption of an industry standard computer language could expedite economic recovery. The organization’s CEO, Mark Bolgiano, presented it to Congress…
There’s an interesting discussion here that for the most part speaks for itself. I’ll only add that consensus is building that more useful data is required. Decisions about what to do with the data needn’t be made now, and uses will evolve over time, just as reporting of…
There was much talk about the Great Depression on Meet the Press this morning. Since the Depression, we’ve created nuclear energy, solar energy, lunar travel, Internet technology, and a global economy, so today’s crisis needn’t resemble the Depression. In fact, there’s a great…
A redeeming thing about a crisis is that it brings out good things in people. The debt crisis has delivered an onslaught of good writing made particularly visible by the coincidental and exponential development of Internet…
Three walks a day are usually enough. He likes the other dogs, the horses, and the goats in the neighborhood, but doesn’t pay much attention to the camel.
