[MorganGardiner] # _

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Recent Posts

A few thoughts about privatisation

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One of the main impulses in favour of privatising public assets is the belief that private owners are just always more efficient and effective managers than public ones. People who are successful in business are supposed to have been selected by the market for their competence. Market competition is supposed to have a disciplining effect on its participants. You must be good at what you do or you will go bankrupt. Read More...

A Response to Haydon Manning

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Professor Haydon Manning has an opinion pieceon the ABC website suggesting that Labor needs to move to the centre in order to win swing votes. His emphasis seems to be for Labor to differentiate themselves from the Greens by softening their rhetoric on climate change and preferencing the Liberals over the Greens in some seats. To say that a party striving to form government should appeal to swing voters is a truism. Read More...

Facebook, Competition, and Network Effects

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Facebook is a platform, a medium of information exchange. The information is contributed into the network for free by users, and users derive value from the network by seeing the information shared by others. Facebook needs money though to pay for its operations, its engineers, its network infrastructure, and everyone else involved in making a very large organisation function. It gets this money by participating in its own network, taking information from users that is relevant to advertisers and then sending those users content generated by advertisers, i. Read More...