When Will We Stop Blindly Pissing Away Money Down the R&D Rat Hole?

Let me start by saying that I am a physicist and have been involved with many of the leading U.S. research facilities over the years -- Los Alamos National Laboratory, Sandia Laboratories, just to name two.  I also directed the Socrates Project under the Reagan administration.  So the quick knee-jerk reaction to the title that "I don't understand research and development or the value of technology" holds no water at all.  Please don't even try to argue this point.

Research and development (R&D) does not equate to a competitive advantage in the marketplace or on the military battlefield.  Knowledge for knowledge’s sake is a worthwhile pursuit.  Totally agree.  But it is conceptually flawed and detrimental to the objective -- being competitive -- when companies and governments use the need to increase economic and military might as justification for higher expenditures on R&D.  But yet this is the rapidly rising battle cry among the leading thinkers in Congress, the Pentagon, academia, think tanks, and the press -- "Raise R&D funding levels, and America's future will be secured."  How so far from the truth.


For More: http://www.financialpolicycouncil.org/fpcnew/blogdetails.aspx?id=1106/When-Will-We-Stop-Blindly-Pissing-Away-Money-Down-the-R&D-Rat-Hole

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Financial Policy Council Hosts Leading Crowdfunding Experts

Financial Policy Council will host a private briefing with a panel of four crowdfunding experts who will discuss how Wall Street investment firms can strengthen market share and viability through crowdfunding. The speakers Georgia P. Quinn, D.J. Paul, Chris Tyrell, and Joy Schoffler each have unique backgrounds in various industries, but share a common, extensive understanding of the financial technology sector and the effect that crowdfunding will bring to the investment world. Ziad Abelnour, the founder and chairman of Financial Policy Council Inc., will moderate the panel.

Once overlooked entirely by institutional investors, crowdfunding has now become a solid contender in the financial world, eclipsing angel investments and eventually overtaking venture capital as the primary method for funding new businesses.

For More: http://www.prweb.com/releases/2015/08/prweb12881791.htm

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Will Bitcoin Destroy Lawyers?

A revolution in information technology may soon turn the theory of “smart contracts” into an actual mechanism for increasing trust among transacting parties, reducing the risks inherent when third party intermediaries are needed and even redefining lawyers’ role in and stranglehold over the modern economy.

Universal access to mathematical proof can give new life to the Russian proverb (which Americans may know from President Reagan’s English translation): “Trust but verify.”

Bitcoin2 – along with a growing number of similar cryptosecurity systems such as Ethereum3 -- is a series of algorithmic protocols which use mathematical proof to verify and secure data. Its ability to provide for the strongest,

Read More:  Will Bitcoin Destroy Lawyers?
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