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	<title>Byung Kyu Park&#039;s Personal Website &#187; kindle</title>
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	<link>http://bkpark.com</link>
	<description>Everything about Byung Kyu Park</description>
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		<title>Kindle tricks</title>
		<link>http://bkpark.com/2009/10/14/kindle-tricks/</link>
		<comments>http://bkpark.com/2009/10/14/kindle-tricks/#comments</comments>
		<pubDate>Thu, 15 Oct 2009 06:01:44 +0000</pubDate>
		<dc:creator>bkpark</dc:creator>
				<category><![CDATA[tech]]></category>
		<category><![CDATA[ars technica]]></category>
		<category><![CDATA[kindle]]></category>
		<category><![CDATA[secret codes]]></category>

		<guid isPermaLink="false">http://byungkyupark.com/?p=250</guid>
		<description><![CDATA[Ars Technica has a useful article on Kindle &#8230; secret codes. I don&#8217;t know if I care enough about how my Kindle looks when it&#8217;s sleeping (when it&#8217;s also usually inside a cover) to change the screensaver to an image of my own. But the other two tricks looked neat. For reference, screenshot is activated [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://arstechnica.com/gadgets/guides/2009/10/weird-kindle-tricks-screensavers-screenshots-and-games.ars">Ars Technica has a useful article on Kindle &#8230; secret codes</a>.</p>
<p>I don&#8217;t know if I care enough about how my Kindle looks when it&#8217;s sleeping (when it&#8217;s also usually inside a cover) to change the screensaver to an image of my own. But the other two tricks looked neat. For reference, screenshot is activated by Alt+Shift+G, and minesweeper can be accessed through Alt+Shift+M.</p>
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		<title>Yay, Capitalism (or, How Kindle price is being cut again and again)</title>
		<link>http://bkpark.com/2009/10/07/yay-capitalism-or-how-kindle-price-is-being-cut-again-and-again/</link>
		<comments>http://bkpark.com/2009/10/07/yay-capitalism-or-how-kindle-price-is-being-cut-again-and-again/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 14:56:24 +0000</pubDate>
		<dc:creator>bkpark</dc:creator>
				<category><![CDATA[economics]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[amazon]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[kindle]]></category>
		<category><![CDATA[socialism]]></category>

		<guid isPermaLink="false">http://byungkyupark.com/?p=237</guid>
		<description><![CDATA[I suppose it&#8217;s not a very good news for me, but Kindle 2&#8242;s price has been cut down once again, to $260. I think there&#8217;s an international version (wireless access outside U.S. included, I think) for $280 or something, too. If anything, this is proof that capitalism works, when there are good capitalists (such as [...]]]></description>
			<content:encoded><![CDATA[<p>I suppose it&#8217;s not a very good news for me, but <a href="http://www.fool.com/investing/high-growth/2009/10/07/get-your-259-kindles-here.aspx">Kindle 2&#8242;s price has been cut down once again</a>, to $260. I think there&#8217;s an international version (wireless access outside U.S. included, I think) for $280 or something, too.</p>
<p>If anything, this is proof that capitalism works, when there are good capitalists (such as executives at Amazon) around, where there is enough competition (Sony&#8217;s new, cheaper readers provide real competition with wireless access, unlike iLiad&#8217;s readers, which are too expensive and lacks wireless), and where there is not enough regulation to choke the life out of the market.</p>
<p>Competition will drive price down. We don&#8217;t need some sort of &#8220;consumer protection agency&#8221; forcing companies to charge a fair price. Remove the barriers to entry, and the &#8220;exorbitant&#8221; profits themselves will be the driving force behind the downward pressure in price&mdash;increasing supply, attracted to the good profit, ensures that.</p>
<p>Capitalism works not because of virtues of any one man or organization. It works the same way scientific community works: under the usually held assumptions, there is a self-correcting mechanism in place. In science, it&#8217;s the principle of peer review&mdash;unless the entire community is rotten to the core, bad research will out itself because no one will be able to reproduce it. In capitalism, it&#8217;s the price and competition&mdash;any misallocation of resources will correct itself because that precise misallocation is an opportunity for profit (see: international trade) and that profit attracts more competitors, which forces everyone to offer lower price or lose business.</p>
<p>On the other hand, socialism works only when there are benevolent, wise government officials. Are you really willing to take that chance?</p>
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