Economics

A Shakespearian Second Life

Virtual gaming fever has hit the MacArthur Foundation, resulting in the philanthropic organization awarding Indiana University professor Edward Castronova a $240,000 grant to build a Second Life -esque virtual world fashioned after the plays of Shakespeare. The project, entitled "Arden: The World of Shakespeare," is meant to let Castronova and his research team delve into online behaviors by conducting ongoing social experiments online....

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Rural India Connects to the Internet

According to a Reuters article, the 1,753 residents of the farming village of Hansdehar have chosen to connect to the world via the Internet, in hopes that the Indian government might take notice of the poor condition of their infrastructure. From a link on smartvillages.com,  Internet users can see pictures of the village,...

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Ten Technologies Change the World

John Voelcker, an interactive media strategist, released a review of the top ten technologies that are changing the world. His list is based on technologies developed by social entrepreneurs who thought through the development , usability and financing of their solutions. 

Voelcker's list is as follows, followed by summaries (based on his paper) of what these products actually do:

1....

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Microfinancing online

Over the past few years, microfinancing has grown in popularity with a number of internationally focused entrepreneurs and international development workers. The concept of microfinance was introduced by Dr. Muhammad Yunas, who began an experiment in Bangladesh in the mid 1970’s. The professor gave a group of 42 women only $27 to start a bamboo chairmaking operation.  ...

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Wal-Mart’s Certain Something

Those polling maniacs over at Rasmussen Reports released a study today that claims that 69% of Americans still have a positive opinion of Wal-Mart, while 29% do not like the superstore. The report revealed the following:

  • Americans who are in the lower or middle income brackets are more likely to have a positive opinion of Wal-Mart than those in the upper income bracket.
  • ...
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