General • 16 Oct 2018 “Sovereign Privacy” & Why China’s Social Credit System Won’t Work As Supposed The Chinese Government’s plans to introduce a “social credits” scheme to rate and rank the behaviour and conduct of its citizens far beyond their financial circumstances (the current focus of Western-created “credit scoring” systems) has predictably rattled observers. One journalist summed up the situation starkly: “The Communist Party’s plan is... read more
General • 15 Oct 2018 The Bhattacharya Bounds on Ponzi Traps PROPOSITION 1: A Ponzi scheme may exist if an economy has a large public sector (” is bounded below), and the assets of the state could be used for a bailout ($ is bounded below), and the probability of early termination of the Ponzi scheme by a regulator is low... read more
General • 5 Oct 2018 Which Countries are Smart About Privacy in Tech? The smart money is on the prediction that the more sophisticated regulatory frameworks around the world shall tend to balance technology growth and privacy protection if they are to retain their political legitimacy in an environment where both consumer rights and economic competitiveness have attained nearly equal status in policy... read more
