The government is tying up capital trying to prop up the gigantic and inefficient "Big Three" car companies that were in some ways the iconic firms of the mid-20th century. These resources are being wasted: they could be used more efficiently and more profitably, and therefore more effecti ... Read more
Probably more of an economics article, but we deal with anti-trust issues in finance classes all the time too and it is such a good thought-provoking article I will include it: Columbia Ideas At Work : Feature : The+Price+of+Competition : "Antitrust laws aim to protect consumers and spur inno ... Read more
"It's sad to say, but we really went nowhere for almost ten years, after you extract the boost provided by the housing and mortgage boom. It's almost a lost economic decade." Mark Zandi, chief economist of Moody's Economy.com From the WaPo: Economy Made Few Gains in Bush Years President B ... Read more
Robert Scoble, pioneer blogger, internet gadfly, and serious thinker about how technology impacts society, is visiting China. His latest post is here . Although lots of people have written about the intersection of low-cost Chinese manufacturing and internet-enabled supply chains, Scob ... Read more