Oct 30, 2009 0
David Merkel proposes government reforms:
Our government is less and less understandable to the average citizen. If we want our government to exist for a long time, we need to put into place reforms that will cause the government to be more responsive to its citizens.Read the rest of this entry »
Oct 30, 2009 0
Oct 30, 2009 0
Business Week explains the case for believing that current GDP figures understate the crisis:
The trouble is that those GDP and productivity growth figures could be significantly overestimated—perhaps by one percentage point or even more.
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Oct 28, 2009 0
Name an industry with high barriers to entry, an unattractive risk profile, and a reputation for losing money hand over fist, relentlessly. I’ll bet “the airline industry” leapt to mind.
There are examples of companies in the last twenty years that have found ways to innovate and turn a profit. Southwest and JetBlue in the United States, and Virgin and JetBlue in the UK are two examples.
Read the rest of this entry »Oct 27, 2009 0
In the last ten years, baseball has been transformed by the use of statistics to identify and exploit inefficiencies in the market for baseball players. Michael Lewis told the story to great effect in Moneyball. Billy Bean, the Oakland A’s general manager, exploited his peers’ conventional (wrong-headed) preference for young hard-throwing pitchers and athletic power to build teams on a shoestring loaded with accurate pitchers and batters with astronomical on base percentages. The result? Billy Bean’s Oakland teams were competive with the best of the high-priced competition year in and year out.
Football hasn’t been as amenable as baseball to the application of statistics. But as reported by Stephen Dubner of Freakonomics fame, a recently published article on the role of injuries in football, suggests some interesting lessons: Read the rest of this entry »
Oct 25, 2009 0
Scott Berkun demonstrates how to build links to a site like a pro: ask for them.
There is something important I don’t say very often. I need you.
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Oct 25, 2009 0
Fast Company Blog explores this and other amazing innovations available today in—or coming soon to—a hospital near you.
Near the end, the question is posed:
Read the rest of this entry »Oct 24, 2009 0
Steven Levitt on Freakonomics Blog asks:
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