Archive for the 'economy' Category

A good test of a new pharmaceutical would rest upon whether or not the team who developed the drug would use it on themselves, or their children. Unfortunately, what’s good for the gander is not good for the goose, when it comes to being free.Long Tail Anderson (the editor in chief of WIRED) has been [...]


One of the most frustrating challenges when working, researching or teaching around the subject of entrepreneurship is the “what” of entrepreneurship.  What the hell is it?  More important, how do those assumptions people hold about this thing that is entrepreneurship stack up to reality? Scott Shane, at Case Western Reserve’s Weatherhead School of Management, has [...]


After looking over the old Google aptitude test, I have been able to solve the riddle that is “how does Google succeed?” The answer is quite simple: Google pays people less than they are worth. This may sound like a harsh claim to make, but I would challenge you to find any business able to [...]


The way in which companies try to solve the problem of unruly executives, or staff, and corporate governance seems to be dominated by the assumption of incentives.  We calculate our best interest, and as such, act towards the opportunities we find most compelling.  We can be incentivised to act in particular ways, therefore.  Stock options [...]


So the latest CPI numbers came out today, followed closely by chicken little and all her friends running around screaming “inflation!!” Looks like energy costs may be, in fact, starting to creep into our price experience. What doesn’t make sense to me, a degreed armchair economist, is just why exactly a federal reserve would chase [...]