Has the Great Unwinding Just Begun? How can a business owner forecast and plan? Are we there yet? Four facts on which to base your next company budget.
Mon Nov 1, 2010
Clash of the Classes Acerbic public discourse is nothing new...
Posted Thu Apr 9, 2009
The Death of 'Cruel Arrogance'? Arrogance will never die of course, but hopefully the last few months have set it back a pinch.
Posted Tue Jan 6, 2009
The Case of the Puzzled Baboons America has collectively awakened to a crisis. Fear and a bunker mentality have choked consumer spending. It seems bad news makes people act even more conservatively, which makes things worse, which makes for more bad news. Most of what is written about this phenomenon seems to rest on intangible reasons like consumer sentiment or retail pullback. So we thought we could offer a concrete, albeit strange, example by looking to the world of primates.
Posted Wed Dec 10, 2008
A Wall to Push Off... To intervene or not to intervene. That is the raging debate on our satellites. That is the raging debate around our water coolers. ‘Let them fail!’ or “They are too big to fail.’ But it is far deeper and more subtle than that…
Posted Wed Nov 26, 2008
Capitalism....dot gov?
There is a new drugstore test called the E.G.T. (Early Government Test). You pee on a stick. If the lines appear, you are no longer living in a free market.
Posted Mon Nov 24, 2008
The Yearning for a Malefactor (and other failures) The churning of the press in the last few weeks has at least been good for something. If there were any doubt before, none now should remain. Our national conversation about our economic woes is shockingly devoid of an original voice. Each new article about the state of our affairs seems little more than a recapitulation of someone else’s opinion; which itself is derivative of another’s opinion. At best, we might find a concise description of what has happened.
Posted Tue Nov 11, 2008
Time for True Economic Innovation...
With the speed of a thunderstorm and the force of a glacier, the massive deleveraging of global markets is reshaping the face of American finance. The venerable system of Wall Street investment banks was carved from the map in a matter of weeks. The unwinding is not over of course. But a way forward must be found.
Posted Sat Oct 11, 2008