Seeing that I’m in the data business, thought it’d be interesting to check out the new Silicon Valley CloudCenter at a Meetup event - OpenStack Swift – The State of the Project - organized by Dave Nielsen, et al. Only in Silicon Valley can you pack a room with 60+ engineers to learn about these things.… [Read more…]
Big news early in 2011 with Goldman Sachs raising and investing up to $1.5 billion in Facebook. To do so, Goldman is setting up a “Special Purpose Vehicle” (SPV). Because Facebook is a privately-held company, it can have no more than 499 individual investors due to SEC regulations. This SPV enables Goldman to make highly… [Read more…]
Spent the last two mornings catching up on the Charlie Rose show from this week. He did a nice job of bringing in all sides to provide perspective and opinion on the US Budget Deficit Commission appointed by President Obama. Bottom line – our standard of living and entitlements are too expensive for the tax… [Read more…]
Who knew my Sunday morning coffee with the week’s recordings of The Charlie Rose Show would include culinary genius Robert Reich, former Labor Secretary under Bill Clinton? Reich just published his book “After Shock.” While I typically don’t agree with Reich on policy, he made several excellent arguments and one-liners about economic decisions ahead: The… [Read more…]
The talk about immigration and border control again rises to the surface of American politics. It’s a false assumption to think that those in favor of enforcing the borders are “anti-immigration.” While enforcing the laws and are vital to maintaining our borders, free markets call for the natural flow of labor based on supply and… [Read more…]
Jane Siebels, manager at Green Cay Asset Management noticed that even large international organizations like the Clinton Global Initiative were working in isolation. The solution? Develop an interactive platform for philanthropic organizations to communicate and network. From the article: But the inefficiencies created by the fact that each of those organizations works in isolation troubled… [Read more…]
Working on a new project: http://freemarketvoice.org More info to come in the next few weeks after I get through the glut of work and teaching “to-dos” this week.
Joe Curl from the Washington Times reports: President Obama was so concerned that he had appeared to dismiss a question from New York Times reporters about whether he was a socialist that he called the newspaper from the Oval Office to clarify his policies. Is the President really that surprised to think that there are… [Read more…]
With the launch of Google’s new browser – Chrome – I can’t help but consider one of the basic laws of market economics: Monopolies are good. Back in 1997, strategy+business published an interview with Paul Romer, a Stanford economist that has been a leader in the development of new growth theory. In the article, Romer… [Read more…]
December 8, 2011
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