Tag Archive for 'economics'

A Set of Economic Comments

Dealbook on the New York Times for the past several days has published a series of articles on the financial crisis and the way forward. It’s a modern media approach to exploring and perhaps developing economic policy. Say what you will about Web 2.0 and its effect on traditional media. If the Gray Lady can [...]

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Standards Question: NIEM is to XBRL as United States Customary Units are to the Metric System?

True or false? NIEM is to XBRL as United States customary units are to the Metric System. The good news is people are working to make sure we don’t need to care. Diane Mueller links to that work from her latest thoughtful piece on the state of transparency. There are alternatives to linking to show authenticity [...]

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XBRL Summit Day 3 – Eternal Business Questions Even XBRL Can’t Answer

SANTA CLARA, Calif. – The day 3 agenda of the XBRL Pacific Rim Technology Workshop and Summit was simple – approaches to tagging and “rendering” XBRL, data consistency, putting tagged data into databases, and something about “impact investing.” But it generated complex questions: • How can technologists help millions of data users get the different [...]

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From Counting Wealth to Creating Wealth – XBRL Conference Day 2 Covers Evolution of Business Reporting Standards

SANTA CLARA, Calif. – Day 2 of the XBRL Pacific Rim Technology Workshop and Summit included calls for business and government to use open business standards to disclose information about spending, pollution, and important business changes. Representatives from DTCC and SWIFT, the consortia responsible for technology to support securities and cash transactions around the world, [...]

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Crowd Sourced Legislative Tracking for Crowd Sourced XBRL Disclosure

Update: CBO has published its cost estimate for H.R. 2392. Bipartisan legislation to make XBRL the standard for disclosure to the U.S. government has been approved in committee and reported to the full House of Representatives for consideration. Here’s the widget to track it from opencongress.org: Go to the bill on the opencongress.org Web site [...]

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British Freedom, Transparency, and Markets

This May 26 speech by David Cameron is a reason headlines have him winning today in the U.K. My two favorite paragraphs: In media, shopping, travel, entertainment and music we have huge choice and control, from many organisations that offer us incredible service and value. But when it comes to the things we ask from politics, government [...]

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Miscellaneous Communications in an Age of Structured Data

Having tried and failed for two weeks to find time to give Everything Is Miscellaneous: The Power of the New Digital Disorder the thoughtful consideration and worthy review it deserves after hearing author David Weinberger speak at last month’s Managing Electronic Records Conference, the recent distraction of responding to several bloggers’ misinformation and misunderstanding of [...]

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