Profit and profit margin are two of the key measures of business. However, should they be important in this time? In classical economics, long-run profit = 0 in an efficient market. Clearly we are not turning towards a classical free market model in any way, shape, or form, but there’s a message in this idea [...]
The car crisis has been confusing to me for a few reasons, but one of the main ones is the central justification for the bailout: to avoid bankruptcy. The argument has been that bankruptcy leads to no one buying cars (not they are anyway) because no one will buy from a bankrupt company which will [...]
Tagged bankruptcy, Big3, cars, economicsI haven’t posted here lately, especially on something other than the election, and I know some of my six semi-loyal readers miss me. However, I have been keeping up a steady stream of tweets, facebook posted items, google reader shared items, and all other manner of content sharing and production on the internet. Now, where [...]
Tagged feeds, sharing, social media, ugc, web
My shared Facebook items