“But is it not conceivable that wants may some day be so completely satisfied as to become frozen forever after? Some implications of this case will presently be developed, but so long as we deal with what may happen during the next forty years we evidently need not trouble ourselves about this possibility.”~ Joseph A. Schumpeter, Capitalism, Socialism and Democracy, p. 113.
Last year’s stock-market plunge unsurprisingly generated a great deal of commentary about the possibility of an economic depression that would rival that experienced in the 1930s. And with…
More…
No Comments »
With lawmakers fighting to close budget gaps created by the Great Recession, some states are considering expanding their sales tax bases to include more services. (The Wall Street Journal had a good roundup of the trend yesterday.) Unlike another recent trend in state taxation - the enactment and increase of “Millionaire’s Taxes” - this phenomenon may improve state tax systems over the long term.When evaluating a proposal to expand a state’s sales tax base, we should ask two key questions: what’s being added to the base? And what will the state do with the new…
More…
No Comments »
Another speed bump on Google’s plan to take over the mobile phone world.
Amy Schatz at WSJ:
Read the rest of this story »
See Also:
More…
No Comments »
Word broke today that Google will announce something of a Twitter-killer tomorrow. But unless the thing plays well with Facebook and Twitter, we don’t give it much of a chance.
Even then, we’re skeptical.
Truth is, Google hasn’t ever been very good at launching new consumer products. Gmail is big, but its no Yahoo Mail. They love Orkut in Brazil, but its user base is dwarfed by Facebook’s 400 million monthly active users. Google Wave? Hah!
Read the rest of this story »
See Also:
More…
No Comments »
Wild optimism about economic growth is at the heart of the Obama administration’s plans to shrink the federal budget deficit. And that’s not the only problem.
More…
No Comments »
The foundation of capitalism rests on the confidence of mom-and-pop investors — who want to believe that there are rewards for playing by the rules and penalties for breaking them.
More…
No Comments »
Chase denied an untold number of loan modifications for a reason that is now prohibited: It determined that homeowners’ financial troubles were temporary.
More…
No Comments »
Advances in product design and prototyping signal the start of a new industrial revolution, Wired’s top editor argues in his latest cover story. Anderson and Wired Executive Editor Thomas Goetz discuss the implications of these radical changes in this week’s Storyboard podcast.
More…
No Comments »
Yahoo! CEO Carol Bartz got a chance to turn the tables Monday, sitting down in Sunnyvale with Kara Swisher, co-executive editor of All Things Digital.Bartz and Swisher aren’t strangers, but the meeting found them playing a little role reversal, with the f
More…
No Comments »
From The Business Insider, Feb. 8, 2010:The market was mixed on light volume until 3:00 PM. Then the Bears came out in full force. The Dow ended up dropping 104 points to 9908. The NASDAQ lost 15 and the S&P 500 lost 9.45. Among the most actively trad
More…
No Comments »
We guess CBS Sports ad sales chief John Bogusz was right.
Nielsen reports that 106.5 million people watched the New Orleans Saints win against the Indianapolis Colts — the largest audience in TV history for a single Super Bowl broadcast.
Read the rest of this story »
See Also:
More…
No Comments »
If you are selling a scarcity — an inventory — of any nonphysical goods today, stop, turn around, and start selling value — outcomes — instead. Or you’re screwed. Apply this rule to many enterprises: advertising, media, content, information, education, consultation, and to some extent, performance.
* * *
Read the rest of this story »
See Also:
More…
No Comments »
TweetDeck is rolling out an update to its popular desktop Twitter application, TechCrunch Europe reports.
TweetDeck is making more media accessible through TweetDeck. For example, you can watch a YouTube video directly in TweetDeck, instead of opening YouTube in a Web browser window.
In this regard, TweetDeck is erasing your need for a browser. It saves you the trouble of opening a new page or tab for small pieces of media. Obviously, you still need and want a browser, but maybe far down the road TweetDeck becomes a browser. (Twitter apps on the iPhone already do this.)
Read the rest of this story »
See Also:
More…
No Comments »
William Tenn, one of science fiction’s most imaginative writers, has passed. Tenn created vivid scenarios of mind-blowing alien worlds in novels and stories that illuminated emotional, political and ethic issues of good old humanity. And as a teacher, he inspired other aspiring writers. Including this one.
More…
No Comments »
