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 on and about their [...]

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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 not necessarily proportional. For example, doubling [...]

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