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Seen that? - Globetrotter
in TJ's Weblog, on November 20, 2009
Globetrotter at TJ's Weblog I had a nice event today in the facilities of Globetrotter.Globetrotter seems to have managed the transition from a normal retailer of outdoor goods to a successful brand. Their first shop has been around the corner, wh...
Glass-Steagall and the market meltdown
in Sox First, on November 13, 2009
It's the 10th anniversary of the repeal of the Glass-Steagall Act . That's right, 10 years ago the Clinton administration abolished the Depression era legislation. Glass-Steagall was passed under the Roosevelt administration in 1933 to stop the Wall Street shenanigans that had ushered in the...
Seen that? - Online Dating Sites
in TJ's Weblog, on November 10, 2009
Online Dating Sites at TJ's Weblog The online dating business model finally takes off. While there has not been anything fundamentally new, it's interesting to see how online dating becomes mainstream in US (article requires free registration)...
Exchange 2010 now available
in The CIO Weblog, on November 9, 2009
Microsoft announced the general availability of the new version of Exchange today, Exchange 10. The clear focus in the press release is on efficiency and cost cutting, not a bad selling point in today's economic environment, with businesses generally pretty comfortable with Exchange 2007 or '03.
...
Big profits: How Goldman Sachs bet on the US housing crash
in Sox First, on November 5, 2009
Earlier this year, I did a blog entry on Matt Taibbi's piece in Rolling Stone on how Goldman Sachs had engineered market manipulation since the Great Depression. Now, McClatchy Newspapers investigative reporter Greg Gordon has a piece that really raises serious questions about the leg...
TechFlash discusses roadblocks to innovation in America
in The CIO Weblog, on November 2, 2009
... just shaking their heads saying, "No kidding." Of course that's what's happening... it's just economics.
But we're less sanguine when it comes to our own jobs, claiming that it's un-American, or ...
Seen that? - Warning From a Student of Democracy's Collapse
in P2P File Sharing, on October 31, 2009
Warning From a Student of Democracy's Collapse at P2P File Sharing The following may appear to have nothing to do with P2P. But it does. There is a growing sense of entitlement, self-protection, and amnesia in this country ... and in the entertain...
Nobel Prize winners are also supply chain people!!
in Supplychainer, on October 26, 2009
...Indiana University Professor Elinor Ostrom, Ph.D., is the first woman to receive the Nobel Prize in economics. We're all for that! But to our mind, the more exciting news is that co-recipient Oliver E...
Do the Pitfalls of Outsourcing Outweigh the Benefits?
in The Outsourcing Weblog, on October 19, 2009
© lumaxart This is a question that was asked by Law.com in this October 20, 2009 article . Highlighting the threats arising from data loss or supplier failure, the author suggests that the risks may outweigh the benefits. What the article fails to address, however, is that while the con...
Outsourcing as an Economic Indicator
in The Outsourcing Weblog, on September 24, 2009
© Michiel2005
In yesterday's Business Week , Mehul Srivastava described a decline in salaries and turnover in Indian firms, no doubt caused by the declining economy. That certainly parallels the global recession - particularly in areas such as technology investment and long term deals.
U...
Sarkozy wants joie de vivre index
in Sox First, on September 15, 2009
Money is better than poverty, if only for financial reasons.
- Woody Allen
I've been rich, I've been poor. Rich is better.
- Sophie Tucker
French president Nicolas Sarkozy wants to scrap GDP and replace it with happiness as a new measure of economic output. As the Financial Times...
The next bubbles
in Sox First, on September 12, 2009
...le because they're inevitable. "The forces that create bubbles are only partly to do with economics. The big drivers are social and psychological. We need an infrastructure that can anticipa...
The looming dementia epidemic and health care crisis
in Sox First, on September 1, 2009
Dementia will be the next big epidemic with Science Daily reporting global research which shows that the number of people affected by Alzheimer's and dementia is growing at an epidemic pace. Let's be quite clear about this. It's a trend that will cripple the world's economies ...
Costs of fighting climate change to treble
in Sox First, on August 30, 2009
We all know that fighting climate change will cost billions. But how much cash do we need? A new report from scientists says world leaders have massively underestimated these costs. The UN Framework Convention on Climate Change (UNFCCC) estimates that annual global costs of adapting to clima...
Loan deals Italian style
in Sox First, on August 24, 2009
It's a sign of the times and just the kind of mouth-watering economics story that anyone would love. The Guardian reports that cash strapped Italian food producers plan to put up expensive wines and dry-cured hams as collateral on bank loans. Italian banks already store massive wheels of...
The smart meter revolution
in Sox First, on August 23, 2009
Much has been said about the shift to smart meters and the shift to an smart grid for electricity. This morning I had a piece in the paper explaining how smart meters will crank up the price of electricity. The scary thing about smart meters is that it delivers more power to electricity comp...
Health care reform and a fat tax
in Sox First, on August 16, 2009
With the United States now agonizing over the future of health care, New York Times economics columnist David Leonhardt raises the question of whether the system needs a fat tax. Leonhardt argues that people above a certain body-mass index should be required to pay higher health insurance pr...
Twitter's fragility
in Sox First, on August 8, 2009
This week's attacks that crippled Twitter raise a number of questions. The New York Times suggests the target was an economics professor from the republic of Georgia. According to the paper, the hackers used thousands of malware-infected computers to send junk traffic to his pages on T...
Is the housing bust over?
in The Mortgage Roadmap, on July 30, 2009
A growing number of economists are joining the chorus: A housing recovery has begun.
To that, we can all add a hearty "Hallelujah!"
The latest economic type to opine that the housing recovery is now in progress is University of Chicago economics professor Casey Mulligan. In a column...
Poor Bernanke
in Sox First, on July 30, 2009
Bernanke got poorer in the market meltdown. As Bloomberg reports, the former economics professor's assets fell 29% last year as the financial crisis eroded the value of his assets. Or did they really go down? Bloomberg reports: "The filings, released by the Fed yesterday, show Ben ...
Suddenly more bullish on housing?
in The Mortgage Roadmap, on July 14, 2009
Maybe there is something to that old "American Dream," after all. How else to explain that even as the residential real estate industry suffers through a catastrophic slump, U.S. residents still profess faith in the value of housing?
You'd think that most homeowners today — and ...
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 7, 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 2009-06-07
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 June 1, 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 30, 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 24, 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 "phon...
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 26, 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 15, 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 2009-02-03
• 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 31, 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 31, 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 5, 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 31, 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 dama...
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 ...
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...
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...





