Financial Markets

Hal Varian on how the Web challenges managers Google’s chief economist says executives in wired organizations need a sharper understanding of how technology empowers innovation. McKinsey Quarterly JANUARY 2009 More than ten years into the widespread business adoption of the Web, some managers still fail to grasp the economic implications of cheap and ubiquitous information [...]

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Black Swans  ? An alternative view here.

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Agree completely. The USA must spend within its means, continually borrowing is not a viable policy, no exceptions. Once the US economy has been fixed,  expenditures/investments can be made. August 19, 2009 The Greenback Effect By WARREN E. BUFFETT Omaha IN nature, every action has consequences, a phenomenon called the butterfly effect. These consequences, moreover, are [...]

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