Ken Olsen, the founder of minicomputer and client/server company Digital Equipment Corporation (DEC) died on Sunday. He was 84 years-old.
Ken was also famous for this quote in 1977:
There is no reason for any individual to have a computer in his home.
‘I would love to see tax reductions," David Cameron told the Sunday Telegraph at the weekend, "but when you’re borrowing 11% of your GDP, it’s not possible to make significant net tax cuts. It just isn’t." Oh no? Then how come he’s planning the biggest and crudest corporate tax cut in living memory?
If you’ve heard nothing of it, you’re in good company. The obscure adjustments the government is planning to the tax acts of 1988 and 2009 have been missed by almost everyone – and are, anyway, almost impossible to understand without expert help. But as soon as you grasp the implications, you realise that a kind of corporate coup d’etat is taking place.
Clinton evidently does not understand that there is so much money to be made by selling illegal drugs precisely because they are illegal. Prohibition not only enables traffickers to earn a “risk premium” that makes drug prices much higher than they would otherwise be; it delivers this highly lucrative business into the hands of criminals who, having no legal recourse, resolve disputes by spilling blood. The 35,000 or so prohibition-related deaths that Mexico has seen since President Felipe Calderon began a crackdown on drugs in 2006 are one consequence of the volatile situation created by the government’s arbitrary dictates regarding psychoactive substances. Pace Clinton, the way to “stop” the violent thugs who profit from prohibition is not to mindlessly maintain the policy that enriches them.