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{ Category Archives } Business

The business of business is business

On profits

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‚Äôs a message in this idea […]

The costs of financial distress

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 […]

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Musings on the social fire hose

I 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 […]

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