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Netbooks may be the new mobiles

in The CIO Weblog, on July 6, 2009

While everyone has been busy catching iPhone fever, and Blackberries have firmly entrenched themselves as must-have tools in corporate America, the consumer-oriented, scorned netbooks may be the next hot device for businesses. Although netbooks are viewed by traditional IT types as little better th...

Criticism starts to catch up to AppEngine

in The CIO Weblog, on July 3, 2009

Pretty much every cloud service failure these days results in a predictable volley of coverage; the unbelievers crow over another purported example of the perfidy of over-hyped utility computing solutions, while advocates point out that software failures in any venue are hardly unique and t...

CIA recruits bankers

in Sox First, on June 19, 2009

If you've been retrenched as a banker or hedge fund manager, don't worry. There's plenty of work out there, if you want to become a spook. The CIA is now running a recruitment ad for bankers to come on board and "assess foreign economic policies and foreign financial issues&qu...

Does Obama's patchwork overhaul go far enough?

in Sox First, on June 18, 2009

President Obama has announced the most sweeping reforms of the financial services in 70 years. The reforms are to be applauded and are long overdue. But are they enough? Can they be undone or jettisoned? Will they stick? I have two problems with the changes. First, they do nothing to stop the...

Cutting Salaries

in Biz Plan Hacks, on June 6, 2009

Late last month BusinessWeek ran two stories on cutting salaries: Does It Pay to Reduce Pay? and Cutting Salaries Instead of Jobs . Does it make sense? Once considered off limits for salaried managers and professionals, base pay reductions are becoming increasingly common in today's brutal ...

英国的百万富翁少了一半

in Wangtam, on June 6, 2009

突然之间,人人都在谈论不断消失的百万富翁们。 《华尔街日报》近日有篇文章谈到了美国马里兰州百万富翁越来越少。现在有消息说,英国的百万富翁人数减少了约一半。 这并不是因为富翁们移民或是避税去了,而是个人财务状况出了问题。 正如过去一年中我所写的,富人们在此次危机中遭受了重创,原因主要是他们的投资和房地产的价值锐减。正因为如此,百万富翁(特别是富翁中的"贫困户")的人数骤减。 根据初步估计,去年美国的百万富翁人数减少了30%。如今,看起来英国的百万富翁人数减少了50%,太令人震惊了。 这项由经济暨商业研究中心(Centre for Economics and B...

Washington University launches new master in supply chain from September 2009

in Supplychainer, on May 31, 2009

Washington University's Olin Business School in St. Louis will launch a Master of Science in Supply Chain Management (MS/SCM) program in September 2009. According to Olin, the new, one-year program is "designed to appeal to students with undergraduate degrees in business, engineering...

President at the Pump

in carzz.org, on May 20, 2009

... economics with Rice University's Baker Institute for Public Policy and an adjunct professor of economics. His view? "Energy efficiency acts broadly as a virtual source of supply - one that w...

The problem with economists

in Sox First, on May 18, 2009

...to unfold. In our view, this lack of understanding is due to a misallocation of research efforts in economics. We trace the deeper roots of this failure to the profession's insistence on construct...

Times' reporter's story a reminder: It's easy to fall into foreclosure nightmare

in The Mortgage Roadmap, on May 15, 2009

People like to tell me how upset they are at homeowners facing foreclosure. They know I'm a real estate writer, and figure that I'll be a sympathetic ear. They tell me that they're frustrated that homeowners who were simply greedy, and took out mortgage loans with artificially low initia...

The 60th Anniversary of the People's Republic of China is Making China Visas Hard to Get

in Global Mobility Report, on May 10, 2009

...ost important, is that the Chinese government will nearly always place politics and stability over economics. ...

Animal Spirits by George Akerlof and Robert Shiller

in Sox First, on May 4, 2009

A bull market is a random market movement that causes an investor to mistake himself for a financial genius. It's a joke that illustrates the irrational animal forces that drive markets. In this book , the University of California's Akerlof and Shiller, best-selling author and professo...

No recovery in sight

in Sox First, on April 30, 2009

With the US economy convulsing in its sharpest contraction since 1958 . down 6.1%, the Fed now seems to be sitting on the side lines. In its latest statement , the Fed said the economic outlook had improved "modestly" but that economic activity was "likely to remain weak for a t...

The Invisible Hook by Peter Leeson

in Sox First, on April 29, 2009

What do pirates have to do with economics? Plenty, according to economist Peter Leeson in his book The Invisible Hook . Leeson starts out looking at the most fundamental of economic texts from the 17th century Scottish moral philosopher Adam Smith who argued that self-interest was the "in...

Fox says no to Obama

in Sox First, on April 29, 2009

...nd will instead screen the scheduled drama Lie To Me. Variety magazine says it's a matter of economics. It's financially based, and not political, it says. Still, it is the first time a net...

Are economists to blame for the financial crisis?

in Sox First, on April 23, 2009

How much are economists to blame for the financial crisis? Most of them, with perhaps the exception of Nouriel Roubini and Robert Shiller, failed to see the weaknesses in financial markets. They just didn't see it coming. It's hard to go past this piece in the Weekly Standard by Harvey...

To panic, or not to panic

in The CIO Weblog, on April 22, 2009

An article by Bruce Perens just popped up on Slashdot discussing what he is calling a "Cyber-Attack" on April 9 in Santa Clara and Santa Cruz counties in Northern California. A slightly less breathless account of the incident can be read in the Mercury News. They go with "phone ou...

Another sucker's rally

in Sox First, on April 22, 2009

Should we read anything into the gyrations of the Dow Jones industrial average? Should we take heart when the market starts trading higher? If the experts are right, it's just a sucker's rally. As Dr Doom, Nouriel Roubini told Steve Forbes in this interview , the extent of the contract...

Canadian Golf Prepares for Storm

in Eagle Par Birdie, on April 13, 2009

The recreational golf season is now underway in the chillier parts of North America. The bite of winter has been replaced by the cool winds of spring but there is still a cold feel to the start of the season that goes bone-deep. In Canada, a huge question mark hangs over the golf course indus...

Recession health chart: fit and miserable

in Sox First, on March 27, 2009

People are losing jobs and money but they're healthier than before. So says economics professor Chris Ruhm from the University of North Carolina at Greensboro. In this interview , Ruhm says people eat healthier and exercise more during recessions. It's an historical trend, he says. &...

The New Ho Chi Minh Trail

in Eagle Par Birdie, on March 25, 2009

Courtesy: golfasian.com Ho Chi Minh is a name that many Vietnam War veterans will never forget. Nor will the nation of Vietnam. Ho Chi Minh was instrumental in founding and then leading the Democratic Republic of Vietnam which emerged, not surprisingly, from widespread bloodshed as Ho'...

Climate change deniers on the increase

in Sox First, on March 13, 2009

Some fascinating Gallup research showing that 41% of Americans think that global warming is exaggerated (for that read, a hoax). What's fascinating here is that the numbers are on the rise. Two years ago, it was 38%. What's bringing this on? Particularly at a time like this when scie...

Opmanager online

in The CIO Weblog, on March 2, 2009

One of my favorite SMB/SME IT operations and support management suites has made the leap to SaaS land: ManageEngine by Adventnet (better known in most circles for their Zoho SaaS platform) is now partly available as a service, at least in beta form. Beginning with OpManager, the component which...

Please Don't Take Away Our Tax Breaks!

in The Outsourcing Weblog, on February 27, 2009

Photo courtesy of iStockphoto , Image# 3068294 As a long-time participant in the outsourcing industry, I was not surprised by India Inc.'s hyperbolic reaction to the budget presented by President Obama this week. No doubt, the removal of tax advantages for outsourcing will affect some con...

Newspaper death roll

in Sox First, on February 25, 2009

...there. The question is whether that will be enough to save the newspaper industry from its terrible economics....

Greenspan wants to nationalize banks

in Sox First, on February 19, 2009

Last week, I did a blog entry that said US banks were insolvent and quoting Dr Doom, economics professor Nouriel Roubini, saying that the only answer is to nationalize the US banks. Now we have the high priest of the financial markets, Alan Greenspan, telling the Financial Times that the th...

Talisman Unlimited Jewelry

in The Jewelry Weblog, on February 16, 2009

Gold and Diamond Jewelry Founded by Lisa Ruskin and Michael Pitkow , Talisman Unlimited began at a dining room table in the Spring of 1988. Fifteen years and 42 collections later, their designs are available at some of the finest boutiques and jewelry stores in America and elsewhere, and the...

Stimulus Hype: Sorting Out Keynes (Part III)

in Bizinformer, on February 15, 2009

...nt column in Forbes late last month on Keynes, the Depression, and the modern critique of Keynesian economics. He also does a good job of explaining the different roles of fiscal policy and monetary p...

The Return of Depression Economics and Crisis of 2008 by Paul Krugman

in Sox First, on February 14, 2009

Paul Krugman's book lays it on the line well, with its acute analysis of how things went wrong. One of the most striking features about this book is the way Krugman tracks economic meltdowns over the ages. And after a while, they start bearing a striking similarity. He looks at the implos...

Banks are insolvent

in Sox First, on February 13, 2009

The big US banks are technically insolvent. Finance experts say they are like dead men walking, which in itself raises questions about the Obama administration's rescue package. According to the New York Times reports, Stern School of Business professor of economics Nouriel Roubini, Dr Do...

Are British And American Banks Headed Towards Nationalization?

in Exclusive from our news room , on February 11, 2009

President Barack Obama's economic stimulus package passed the combined Senate and House today and the stock market's reaction to it was a decent increase of 50 points. However, there are those, and they are many, who feel that something more drastic than an infusion of great sums of money b...

Stimulus Hype: Will the Stimulus Work? (Part I)

in Bizinformer, on February 7, 2009

... middle class educator with 11 years of college (or there abouts), three degrees and an interest in economics. Now that that's out of the way... One of the first pieces that really peaked my in...

Pay As You Play - The New Reality

in Eagle Par Birdie, on February 3, 2009

... while injecting a fun and entertaining angle into those 9 holes, Baldassari's approach is pure economics. His method will surely be copied around America and beyond as the weeks unfold and sprin...

Opinion: Policies Prolonged Depression

in Wangtam, on February 2, 2009

• Opinion: Policies Prolonged Depression • Violent unrest rocks China as crisis hits • The Challenges Of Tomorrow's Multimedia As Seen Through The Eyes Of Google, Yahoo, Nokia And Others • Passport RFIDs cloned wholesale by $250 eBay auction spree • AddMerch.com - A Single Button Mercha...

Rupert Murdoch's downturn blues

in Sox First, on January 30, 2009

Rupert Murdoch is blaming the spending binge for the crisis, and warns that it will probably take some time until we emerge from it. But the reality is that his News Corporation has been hit hard by the downturn. Already, News Corporation's digital arm Fox Interactive Media is axing jobs...

Winter of discontent: will the Paris riots spread?

in Sox First, on January 30, 2009

Paris has broken out in violent protests over the French government's handling of the economic crisis with 65,000 demonstrators joining a march from the Place de la Bastille towards the center of the city as fires were lit on some of Paris' best-known boulevards and police used tea...

Defining Genocide: It Might Not Be What You Think

in Global Mobility Report, on January 4, 2009

...ate last month the people at Philosophy Bites interviewed Chandran Kukathas of the London School of Economics. The topic of discussion was genocide - specifically, the definition of genocide. I was su...

Winners and losers for 2008

in Sox First, on December 30, 2008

Around this time every year, everyone rolls out their list of winners and losers for the last 12 months. There are lists everywhere but the best I've seen is from the Houston Chronicle's Loren Steffy . Not surprisingly, Steffy nominates Wall Street as the biggest loser. Not far behind ...

Bernanke the banker

in Sox First, on December 17, 2008

There are two remarkable things about the Fed's decision today to cut interest rates to virtually zero. The first point is that it is bringing the US to Japan's zero interest rate policies. The second is that the Fed has now become the most important commercial bank in the US. In effect,...

George W rewrites history

in Sox First, on December 12, 2008

Fell out of my seat when I read the LA Times piece about a memo sent to Bush cabinet members and top officials at a loss to explain what Bush's eight years in the White House had achieved. The so-called achievements would laughable if the damage wasn't serious. Like for example the c...

Race To Dubai Slowing Down?

in Eagle Par Birdie, on December 7, 2008

... to shell out the huge money. Golf tours DO NOT draw a fraction of that globally. It's simple economics. If car makers are beginning to abandon autosports, sponsors are right behind them. And si...

The Subprime Solution - Robert Shiller

in Sox First, on December 1, 2008

Have just finished reading Robert Shiller's The Subprime Solution which offers plenty of food for thought. Provocative and unsettling stuff. Shiller argues that the the impact of the US housing bust could last for years. "It is impossible to predict the nature and extent of the damag...

100 Online Video Lectures from Top Colleges

in The Online Universities Weblog, on November 21, 2008

...tures you can watch to learn from some of the leading experts in fields as diverse as astronomy and economics." Take a look and watch a video that interests you in the fields of science, technolo...

Forecasts of the economic disaster

in Sox First, on October 13, 2008

With forecasts that the world is headed for its worst recession in 25 years, if it's lucky, the Huffington Post has run a timely piece on the ones who predicted the economic firestorm. They include New York University economics professor Nouriel Roubini ("A 1987 style stock market ...

America's "Peicemeal, Rickety" Financial Aid System Needs Overhaul, Says CollegeBoard Group

in The Universities Weblog, on September 30, 2008

A report by the Rethinking Student Aid Study Group at the non-profit CollegeBoard has blasted the U.S. financial aid system, calling it "peicemeal" and "rickety." "There's a growing recognition that the federal student aid system is simply too complicated," The r...

IT jobs in a down market

in The CIO Weblog, on September 29, 2008

As it seems inevitable that we are going to have a significantly down market at this point (previous prognostications over the sustainability of IT in recession or low growth economy are obviously right out the window), it seems like a good time to comment on the likely progression of IT in a down m...

What's in it for Zoho?

in The CIO Weblog, on September 8, 2008

Last month I put up a post regarding the economics of the B2B SaaS market , responding primarily to an interesting post on Zoho's blog regarding the matter. I have been entirely remiss in posting a link to CEO Sridhar Vembu's response to a question that I, among others, posed in that ...

Gustav means business

in Sox First, on September 1, 2008

The petroleum industry might be bracing itself for the impact of Hurricane gustav but its economic impact is going to be wider than that. The Washington Post reports that Louisiana's trademark tourism industry, along with sugar, shipping and even the manufacture of Tabasco sauce wil...

Free Online Finance Classes

in The Online Universities Weblog, on August 25, 2008

Photo courtesy of iStockphoto, Tomislav Forgo With the current recession, many are struggling to pay the bills. If you want to find a better way to manage your money or just want to learn more about banking or economics, take a look at my new list of free online finance classes . Here's...

Death throes of the corporate data center

in The CIO Weblog, on August 22, 2008

Well, they're not quite here yet, and I am not so sure they ever will be, regardless of what Dion Hinchcliffe thinks. It may come as some surprise to anyone who has noted my longstanding and occasionally excessive cheerleading of cloud-based utility computing as the best alternative to expens...

Olympic Women's Beach Volleyball

in The Celebrities Weblog, on August 21, 2008

...ng to the beach, the street in front of my house is will do just fine. But that's enough about economics. Kerri Walsh and Misty May-Treanor have never lost a match and I send them my sincere ...

The economics of SaaS

in The CIO Weblog, on August 19, 2008

Zoho CEO Sridhar Vembu posted an entry yesterday entitled "Why we compete with Google," going into some detail on the economics of the business software market in the process. It's worth a look, if only to understand the rationale that is driving this market today, shaping the e...

You WILL drive a fuel efficient car

in carzz.org, on August 7, 2008

© Mike Licht, NotionsCapital.com Once again government prevails. Don't you WANT your government to spend your tax money on expanding the Natural gas-fueled market for cars and trucks? Very flammable situation here if you ask me. I always thought markets should be driven by consumer d...

提供一个 Tumble 可用的 IP

in Wangtam, on August 4, 2008

• 提供一个 Tumble 可用的 IP • A New WordPress Plugin: Clean Notifications • Twitter apps for the iPhone Reviewed • Turbanizer.com - Ever Wondered What You Looked Like In A TURBAN? • Calliflower, by iotum Conference Calling Made Easy • 奇虎发声明否认将推出弹窗广告 • "风投"有限合伙制相关法律问题探讨 • Leat...

Headwinds?

in The Outsourcing Weblog, on July 25, 2008

Photo courtesy of iStockphoto, Viorika Prikhodko In today's International Herald Tribune , an article discussing investments in outsourcing providers pointed to some potentially significant headwinds ahead for the single-country providers (as compared to global suppliers). The comb...

The Problem of Silos in Outsourcing

in The Outsourcing Weblog, on July 21, 2008

© Zoom Zoom In a recent posting , Cathy Tombohm of Gartner is quoted as saying "[w]e strongly advocate a joint approach by finance leaders and their CIO to ensure that BPO deals are successful." To those of us who have participated in multiple outsourcing deals, this is self-evi...

Microsoft takes a stand with Vista

in The CIO Weblog, on July 10, 2008

Drawing a line in the sand and pulling out the checkbook, Microsoft has signalled that it doesn't intend to continue standing by quietly and allowing Vista to be sullied by ads, pundits, and random Slashdot posts. "Windows Vista is a good product," said Vice President of Wi...

China's Business Confidence Index - Up and Down

in China Venture News, on July 9, 2008

Are you an optimist or a pessimist? Is your glass half empty, or half full? The answers to those sorts of personality questions probably shape how you think of the current business climate index (BCI) numbers just released in China . I haven't paid much attention to China's BCI before no...

Jewelry Bargains at Emitations

in The Jewelry Weblog, on July 6, 2008

Emitations.com is an online retailer dedicated to providing customers with the latest trends in Celebrity and cubic zirconia jewelry at affordable prices and with exceptional customer service. It all started in the bedroom of an economics major with a serious love for accessories. In 1998, ...

How to Think Like Warren Buffett, Part 31

in The Personal Finance Weblog, on July 1, 2008

With this post, I finally reach the end, or at least the current end, of the long-running series started back in August of 2006 , dissecting the words of Warren Buffett as read via his annual Letter to Berkshire Hathaway shareholders. Of course, I expect Buffett to live to be 135, so this serie...

Online Classrooms Shorten Lecture Time

in The Online Universities Weblog, on June 19, 2008

Photo courtesy of iStockphoto, Matjaz Boncina Video lectures aren't the most dynamic aspect of online learning. Instead of offering a face-to-face discussion, these segments are static and are often considered boring. In fact, I once knew a student who watched his Economics lectures at tripl...

Rebound May Be Temporary, says Soros

in The Hedge Funds Weblog, on May 26, 2008

© Dale Gillard Also on the downside, hedge fund billionaire George Soros said that the current rebound in stock markets is only a bear market rally. According to Reuters , Soros told a seminar at the London School of Economics, "The prevailing market opinion is that this crisis is...

Customer Service Isn't Cheap

in The VoIP Weblog, on May 26, 2008

© sirmikester A commenter on my last post thought there are three ways a Vonage-like service might continue to survive: rock-bottom prices, kick-ass customer service, and call quality. Any company that can excel at these three areas can survive, or so the theory goes. I am going to ignore th...

Carl Icahn 将正式卷起新 Yahoo 收购风波

in Wangtam, on May 16, 2008

刚刚已经提及, 亿万富翁 Carl Icahn 上周谋得 Yahoo 董事席位,意欲发动代理权争夺战 。然后 Carl Icahn 在随后发给 Yahoo 的信中确认,他已经发动了旨在促成微软收购 Yahoo 的代理权争夺战。 Carl Icahn 已经提名了十位 Yahoo 董事候选人,希望用他们取代现有 Yahoo 董事会,以推动 Yahoo 接受微软每股 33 美元、总价值 475 亿美元的收购报价。 Carl Icahn 还在写给 Yahoo 董事会主席 Roy Bostock 的信中披露,他已经收购了 5900 万股 Yahoo 股票,并在寻求清除来自国美国联邦贸易委员会的反垄...

George Soros: market fundamentalism and other illusions

in Sox First, on May 12, 2008

The problem with the crisis now is that we have this illusion of market fundamentalism, that the markets are ultimately perfect and self-correcting. But that's a religion built on false premises, says financier George Soros in this interesting New York Review of Books interview . Soros...

"Good" economic news: glass empty or half-full?

in Sox First, on May 12, 2008

What to make of the good economic news? Is the lower unemployment rate cause for celebration? And what of the improving productivity figures and shrinking trade deficit? Don't pop the champagne corks, warns Associated Press economics correspondent Jeannine Aversa . The numbers might...

微软宣布放弃收购 Yahoo

in M2 十字街口, on May 4, 2008

网谈消息 ,微软 CEO Steve Ballmer 今天向 Yahoo CEO 杨致远发出信函,宣布放弃收购。Steve Ballmer 也在信中证实,微软确实曾将收购报价提高到 33 美元/股,但 Yahoo 索要 37 美元/股。 Steve Ballmer 称,经过认真考虑后,他们认为 Yahoo 提出的要求是不合理的,因此收回了收购提议,这对微软股东、职员和其他股东都是最好的结果。他表示,虽然微软做出了最大努力,包括将报价提高了 50 亿美元,但 Yahoo 一直不肯接受。对此,Yahoo 尚未发表评论。 在信中,Steve Ballmer 也表达了对 Yahoo 和 G...

微软正式宣布撤回对 Yahoo 的邀购申请

in Wangtam, on May 4, 2008

在经历 3 个多月的波折之后,微软今天正式宣布,因价格未达成一致,正式放弃收购 Yahoo。从昨天到今天早些时候,Steve Ballmer 与 Yahoo 的两位联合创始人杨致远和 David Filo 在西雅图进行了会谈。Steve Ballmer 将收购价增至每股 33 美元,但杨致远表示,不会以低于每股 37 美元的报价出售。 微软 CEO Steve Ballmer 提到,自己在上周六致 Yahoo 的信中表示,愿意将收购报价提高至 475 亿美元,相当于每股 33 美元。可是,Yahoo 仍坚持至少 530 亿美元的报价,相当于每股 37 美元。微软 3 个月前提出的报价为...

Falling Dominoes: WVU Provost, Dean Step Down

in The Universities Weblog, on April 29, 2008

The Provost of West Virginia Universty, Gerald E. Lang , and the dean of the university's College of Business and Economics, R. Stephen Sears, have both stepped down from their administrative positions following the release of an independent panel's report on the Heather M. Bresch a...

Why Wii Games Are Too Expensive, And Why They Aren't

in House of Nintendo, on April 27, 2008

Image from IGN.com One thing many people have been noticing with Wii games is that they are overpriced. This has been an unusual concern, since the standard MSRP of $50 is actually ten dollars lower than Wii's high powered rivals. Yet, games on that system, even if they are sub-standard in te...