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1The Quiet Coup (Simon Johnson) 1 Citation This article , which hypothesizes that an "American financial oligarchy" has (re)emerged and is turning the United States into a Banana Republic, is getting a lot of attention. (See our Jan/Feb 2009 cover story for a related argument, though the meat of this one is the financial elite part.) Krugman mentioned it in his March 29th column . And Brad DeLong has a post about it on his blog, with many comments, some of them interesting. The excerpt I'm giving below is not from the beginning of t, technorati.com
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despite my ever-growing fears of their taking over the world 1 Citation I have converted my Grand Central number to Google Voice, it's configured, and I'll probably be switching over from Skype (primarily because Google Voice is so goddamn slick, like the rest of their software). Details, for those who care, when they arise., technorati.com
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Golden Balls: Game Theory, the Prisoner?s Dilemma, and the cold rationality of human behavior! 1 Citation Teaching the Prisoners? Dilemma Will Never Be the Same Again « Cheap Talk Rarely does such a perfect illustration of the Prisoner?s Dilemma come along for Econ teachers to use in their classroom: The payoffs are clear: Each player has a weakly dominant strategy, which is to choose to steal. By choosing to steal, the player has a chance at maximizing his own payoff, but will do no worse than he would if his opponent also chooses to steal and at least will have the satisfaction of t, technorati.com
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Obama to banks: nothing personal, it?s just business, er politics 1 Citation Two opinions, taken together, can lead to a slightly different conclusion than if only one or the other is taken singularly. Two separate opinions out this morning illustrate this. The first is in FT , where John Dizard opines that Treasury Secretary Tim Geithner will likely be relieved of duty soon: ?For the rest of us, , technorati.com
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Air Deccan founder Gopinath to contest LS polls 1 Citation Bangalore, Mar 26 (ANI): Low-cost carrier Air Deccan founder Captain G. R. Gopinath has opted to jump into the political fray in the upcoming Lok Sabha elections. He would contest as an independent candidate. Gopinath, however, will decide upon his constituency in Bangalore in next two days. According to source, Gopinath will contest either from the Bangalore , technorati.com
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America?s Telecommunications Conspiracy 1 Citation United States Ranks 9th in Average Broadband Speed. Source: OCED . . . We believe that the United States should establish a national goal of making at least 100 Mbps of bandwidth capacity available to all Americans at affordable rates by 2012, and that this capacity should be expanded to at least 1 Gbps by 2015. The best way to reach these goals is through a non-partisan blue-ribbon commission, as we outlined in our paper entitled ?Eight Bold Steps to a National broadband Strategy? in Janu, technorati.com
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Why Are Duopolies So Competitive? 1 Citation A duopoly is a situation in which two firms control nearly all of the market for a product or service. Duopolies can be surprisingly competitive. If you remember that the price of a product or service is determined solely by the highest losing bid price and the lowest losing ask price, you?ll realize why a duopoly can be so competitive. A large number of inefficient competitors will have almost no affect on prices in the long run unless someone (either a government or a group of idiotic in, technorati.com
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Price Competition and Firm Strategies in Oligopolies 1 Citation This dissertation is part of the effort to contribute to our understanding of Price Competition and Firm Strategies in oligopolistic markets with certain characteristics. It comprises of three chapters. Chapter 1 provides the introduction and background of the research and a brief summary of results. Chapter 2: Firms practice poaching of their rival?s customers in , technorati.com
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America?s Telecommunications Conspiracy 1 Citation United States Ranks 9th in Average Broadband Speed. Source: OCED . . . We believe that the United States should establish a national goal of making at least 100 Mbps of bandwidth capacity available to all Americans at affordable rates by 2012, and that this capacity should be expanded to at least 1 Gbps by 2015. The best way to reach these goals is through a non-partisan blue-ribbon commission, as we outlined in our paper entitled ?Eight Bold Steps to a National broadband Strategy? in Janu, technorati.com
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Argentine Press Freedom Bill Is An Assault On Press Freedom: Globo 1 Citation ?Smile, you?re being manipulated?: commemorating the 40th anniversary of the Globo television network. O Globo tells an out and out lie when it describes as ?proceeding through congress in secret? a bill that has been widely debated in Argentine society and about which a Google search turns up thousands of mentions. One cannot even begin to fathom the cynicism of Globo. O Biscoito Fino e a Massa on ?democratization of the media? in neighboring Argentina. Está ouriçada a grande mí, technorati.com
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