From the category archives:

Economies

Yahoo is a sinking ship without effective management, an attractive product shelf, or much of a heartbeat left after years of getting jerked around by Yang & Bartz. To think that somehow legacy-titan Microsoft and the Canada Pension Plan Investment Board will be able to squeeze value out of it is ludicrous.

Private-equity firm Silver Lake Partners is working with one of its investors, the Canada Pension Plan Investment Board, and Microsoft Corp. to put together a proposal to buy Yahoo Inc., people familiar with the matter said. [WSJ]

 

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Will a dominant China spark tribal warfare?

by Rod Edwards on January 18, 2011

Err, personally, I think Joel Kotkin has fallen into the same populist trap that seems to ensnare fiction writers and serious journalists alike, roughly every decade – a somewhat unknown but economically prominent non-American, non-European race is targeted as the lurking enemy that will surely ruin us [the west]. Japan is the most notable of these erstwhile enemies of the state – remember Michael Crichton’s “Rising Sun” from 1992? Kotkin’s article borrow’s liberally from the anti-Japanese tropes of 20 years ago, codifying our own economic insecurity, and reinforcing the tribalism that he himself decries.

With China’s new prominence in global affairs, the Han race, which constitutes 90 percent of the Chinese population, is suddenly the most dominant cohesive ethnic group in the world — and it is seeking to remain that way through strategic alliances, aggressive trade policy, and attacks on racial minorities within the country’s boundaries. The less tribally cohesive, more fragmented West is, meanwhile, losing out.

via Rise of the Hans – By Joel Kotkin | Foreign Policy.

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Apple Patent Outlines Plan for Business Domination: RIM, Beware

January 17, 2011

The last major hurdle to enterprise use of iPhones (and RIM’s main source of competitive advantage) is the ability to centrally administer and consistently deploy corporate-friendly usage restrictions. That is to say, my corporate Blackberry can only download certain apps, access certain email servers, etc. – this is a big deal for enterprise customers, and [...]

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Why Chinese Mothers Are Superior (Wall Street Journal)

January 10, 2011

What Chinese parents understand is that nothing is fun until you’re good at it. To get good at anything you have to work, and children on their own never want to work, which is why it is crucial to override their preferences. This often requires fortitude on the part of the parents because the child [...]

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Spaceport Canada almost made it to Churchill back in ’99 (meanwhile, space is hot in Vietnam)

January 9, 2011

Japan is providing Vietnam a large (half billion dollar!) space industry injection – great news for Vietnam, interesting in the context of ASEAN growth and anti-China solidarity among Asian nations. It reminded me of my Grade 8 science project – which was really just a fancy 3D report (i.e.: backboard) on the Canadian Space Agency, [...]

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Repatriating manufacturing from China?

December 17, 2010

Fast Company ran an article the A.M. on how Apple widens the US trade deficit with China, and how by repatriating manufacturing to the United States, Apple could still achieve good gross margins and help out the ailing US economy: The authors offer a scenario in which Apple suddenly decides not to pursue profit maximization, dumps the oft-criticized [...]

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Well, that was depressing.

November 3, 2010

America has cast its vote for obstructionism & PAC’s. Isn’t it strange too how Tea Party republicans can wring their hands about Democrat big government in one sentence, and then vote for Republican big government in the next? California is the greatest example: Prop 19 and Prop 8. Republicans don’t want government to tell them [...]

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What’s It Like to Be a Tourist in North Korea?

August 17, 2010

“North Korea is a real place to me. For most of us, I think, North Korea occupies the same imaginary plane of existence as Mordor. But it is real, and one thing I came to appreciate is that most North Koreans are normal people living in abnormal conditions…” What’s It Like to Be a Tourist [...]

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The Future Of America’s Working Class – or “How Knowledge Economies Squeeze out the Middle”

June 5, 2010

Tony Blairs “cool Britannia,”epitomized by hedge fund managers, Russian oligarchs and media stars, offered little to the working and middle classes. Despite its proletarian roots, New Labour, as London Mayor Boris Johnson acidly notes, has presided over that which has become the most socially immobile society in Europe. via The Future Of Americas Working Class [...]

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“Hell yeah, Arizona! Send them home!”

May 18, 2010

Here’s one reason why Arizona’s new laws aren’t any good: to those who chose not to exercise reason, the laws institutionalize bigotry, and in doing so make it passable for everyone – like this restaurant owner in Georgia: Mulligan’s on Roswell Road in Cobb County joined the heated debate over illegal immigration. A sign in [...]

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