Gresham’s Law and The Online World

[vimeo]http://www.vimeo.com/7904954[/vimeo]

Sir Thomas Gresham was the Warren Buffett of the 16th Century.

Financial advisor to Queen Elizabeth I, he created the first notion of debt financing, which allowed Britain to build the largest navy in the world, and ultimately conquer one fourth of the planet.

While Gresham was introducing 20th Century notions of finance, the French were still taxing and paying based on current receipts.  Within a decade, the British had built a Navy twice as large as the French, the former undisputed world power.

Gresham also developed Gresham’s Law, a basic concept of markets and money.

Blindingly brilliant, what does Sir Thomas Gresham have to teach us about the Internet today?

You can learn more about online video and what is coming next at NYVS.com

Michael Rosenblum

For more than 35 years, Michael Rosenblum has been on the cutting edge of the digital video journalism revolution. During this time, he has lead a drive for video literacy, and the complete rethinking of how television is made and controlled. His work has included: The complete transitioning of The BBC's national network (UK) to a VJ-driven model, starting in 2002. The complete conversion of The Voice of America, the United State's Government's broadcasting agency, (and the largest broadcaster in the world), from short wave radio to television broadcasting and webcasting using the VJ paradigm (1998-present). The construction of NYT Television, a New York Times Company, and the largest producer of non-fiction television in the US. Rosenblum was both the founder and President of NYT TV, (all based on this paradigm (1996-1998). The President and Founder of Video News International, a global VJ-driven newsgathering company, with more than 100 journalists around the world. (1993-1996). Other clients include Spectrum News, Verizon and CBS News.

6 Comments
  • Ralph December 07, 2009

    You continue to point in the right direction. Simple but powerful example. I am a student at NYVS and it is awesome. Video is the way we are going, and I am following as I lead.
    Let’s Go Video!

  • Michael Rosenblum December 07, 2009

    Yeah
    I am just getting into the studio thing.
    Maybe I should hire….. Nino?
    Naah…
    hoo boy, that was funny

    • Nino December 07, 2009

      Watch it Michael, once you experience it quality can be addictive, and once you understand it you will never turn back.

  • digger December 07, 2009

    OMG – Michael how can you present yrself in such an unflattering light(!) just to save a few bucks. Hire a pro. I bet you would get twice as many hits.

  • Michael Rosenblum December 07, 2009

    Hey Avery
    Fascinating watch.
    Very impressive
    Many thanks!
    m

  • Avery December 07, 2009

    ..but, Michael, if one is to have video on one’s web site it must be the best quality.

    You need to have a crew with grip, lighting and sound. It must be shot with the highest dollar camera by one who has had years of education and training.

    Right?

    Or you could just use a Flip camera…

    http://northern-banana-republic.com/?p=13

    Watch this video all the way through and see how he compared the Canon hxh1 with the Flip camera. Pretty eye opening.