An Eye on New Media
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An Eye on New Media
New Media in Society, Business & Classrooms
Curated by Ken Morrison
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Inferior Good in Economics: Definition & Examples - Video & Lesson Transcript | Study.com

Learn about inferior goods and discover how they differ from normal goods. See some everyday inferior goods that you may have in your apartmen
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Bitcoin wallet service Instawallet hacked, shuts down 'indefinitely'

Bitcoin wallet service Instawallet hacked, shuts down 'indefinitely' | An Eye on New Media | Scoop.it
Bitcoins are a hot commodity now, but are your Bitcoins actually safe? The Bitcoin wallet company Instawallet has suspended its service "indefinitely" after being hacked.
Ken Morrison's insight:

Many people (including me) like the idea of digital currency that is not tied to a single government.  Bitcoin has hit a severe roadblock with this hacking.

 

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The Connected States of America....and Those That Are Not Connected: NPR

The Connected States of America....and Those That Are Not Connected: NPR | An Eye on New Media | Scoop.it
Put away that old Rand McNally map — it's time for a new way to see what America really looks like.
Ken Morrison's insight:

Where's George?  Perhaps you have heard of one man's task to track one dollar bills by asking students to voluntarily type in the identification number from their currency and share the location of the current owner.  The next 'owner' does the same. This project tracked 1,033,095 reports and found that less than 8% off currency tracked ever moves more than 500 miles.  Another person did a similar project by tracing phone calls between anonymous callers.  They both created maps to share what they learned about which states are closely connected and which ones are not. It is interesting to see that state borders do not connect people as much as we might think.

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