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One of my favourite articles on radio and HFT: https://sniperinmahwah.wordpress.com/2014/09/25/hft-in-my-backyard-ii/ https://sniperinmahwah.wordpress.com/2014/
by Uberphallus 8y ago
One of my favourite articles on radio and HFT: https://sniperinmahwah.wordpress.com/2014/09/25/hft-in-my-backyard-ii/ https://sniperinmahwah.wordpress.com/2014/09/25/hft-in-my-ba...
- digi_owl 8y agoReminds me of how compact motors and wireless telegraphs were combined so that small, fast, motorboats could meet cargo vessels outside New York and telegraph back their cargo to some trader on Wall Street...
- dingaling 8y agoLater, DHL was formed to fly bills of lading by commercial flights from the West coast ports to Hawaii ahead of the ships arriving. So by the time they arrived the cargo could be offloaded without delay.
- dredmorbius 8y agoSource? Hrm, here: http://wap.dhl.com/info/history.html http://wap.dhl.com/info/history.html
- gothroach 8y agoInteresting read - I had not realized that DHL had started in the US, let alone in San Francisco. Not having dealt with them directly much, I had thought they were a European company. Not that it's the same company after being bought out.
- dredmorbius 8y agoMy previous misunderstanding was that the'd originated with / grown from Deutsch Bundespost. That's a subsequent relationship. Sugar shipment bills of lading. Whodathunkit?
- dredmorbius 8y agoAnd: land's price-inelasticity means that a land value tax (LVT; property, exclusive of improvements) must decrease its exchange value. Cook County's reaal estate tax includes improvements, and hence isn't a perfect LVT. But it approaches the concept. https://www.economist.com/free-exchange/2015/04/01/why-henry-george-had-a-point https://www.economist.com/free-exchange/2015/04/01/why-henry...
- Fej 8y agoAs a denizen of Mahwah - that name is absolutely fantastic. Thanks for the link! It's really interesting.