"Successful IT systems appear to play a major role in the recent increases in industry concentration and in profit margins, moreso [sic] than a general decline in competition."
"My guess is virtually 90% of the oil industry is assuming that $70 oil is not going to last more than a few years," according to Adam Sieminski, the chief energy economist at Deutsche Bank ... he guesses that most oil companies are projecting crude will fetch $40 a barrel plus inflation over the long-term.
The article goes into the whys ... right now 35% of oil discovered makes it to market, the rest stays in the ground. Oil companies have gotten better and better at extracting it, and they're counting on continued improvement.
Wall Street looks like it's betting on more of a peak oil scenario, though.
Just published, sounds v. good. Buy at Amazon or download CC-licensed PDFs. Also see the associated wiki maintained by the author.
"It's a new business model ... what we're doing is creating a market."
I think there's a central but seldom-stated disagreement in arguments about markets and corporate power: to what degree do the interests of corporations coincide? I think most - well, most liberals anyway, would argue that the areas in which the majority of corporations share a common interest should be carefully watched in a democracy. Liberals that are extremely suspicious of corporations often appear to believe that firms' disagreements are superficial, and that on important issues they operate monolithically. Market-friendly liberals like me disagree, and while I could come up with examples in both directions, it seems like something that could be systematically addressed.
Philip Longman argues that declining birthrates will be socially and economically ruinous.
Tons of statistics in a bunch of categories, with different visualization options. Very interesting feature that shows you which variables are correlated with the variable you're looking at. Shame you can't look at things over time.
what I posted there:
"Dammit, beaten to the microfinance punch! :) Anyway, Grameen Foundation, an offshoot of the original Grameen Bank that, unlike the original, operates outside of Bangladesh.
http://www.gfusa.org/
(Difference from Kiva above is that this is pure donation - Grameen will likely get the loan back to use again, but you won't.)"
Do simple tasks for Amazon. Apparently if you work hard you can get around $6 an hour. That's a princely sum in a lot of the world, wonder if this will be international.
Most posts by Steven Levitt.
"Book-Jacket Style Summary: NNT is an essayist, belletrist, (literary) flâneur, researcher, and practitioner of uncertainty (“mathematical trader”) focusing on the attributes of unexpected events, with a focus on extreme deviations, the “Black Swans” (i.e. outliers), their unpredictability, and our general inability to forecast."
Also, coo-coo for cocoa puffs. I mean that in a nice way.
"financial services to the world's poorest families"
Quit blogging and finish the book already.
Near LA, March 11-13.
Nothing takes the romance out of sex like "Please do not use the microwave and the AC at the same time. I will make arrangements to properly install the AC."
US Marshals List of Sellers (federal seizures)
Supposedly the savings here are not that great, and you wouldn't be able to have a mechanic check the car out first.
A bunch of people on MeFi try to convince me not to be an idiot
Aggregated product reviews for a ton of stuff.
Stuff like "if I think interest rates are going to rise and the dollar is going to fall, where should I put my money?"
Apparently the English translation of The Mystery of Capital isn't that great. Pity.
You send them an audio file, they transcribe at $0.01 a word. Gluttons for punishment, they also offer a free 100-word trial.
That's a New Yorker columnist (since when have they had such a thing?) and bestselling author duking it out in the comments section, there. CRAZINESS.
Yeah, I know the New Yorker ain't all that. Still.
(No, I didn't pay any attention to the discussion of EMT.)
wooo rock and roll
I think Greenspan is looking to retire.
This has nothing to do with anything (I would like to find an office in New York, but not as the person on the lease). But making New York real estate seem manageable is a feat.
'Here's another reason you need a lawyer. The lawyer can say to the landlord, "Whaddaya mean if we're 3 days late on the rent we get evicted? We want the right to be 15 days late!" When your lawyer says this, no offense is taken. He's just the lawyer. But if you, the tenant, try to say it, the landlord will say, "What, are you planning to be late on the rent?"'
Does p2p music charts for biz types. Skewed toward young people comfortable with technology (university-provided broadband.) And based on the top 20, yeah, hip-hop rules the world.
"chanties"
This is Lukas Bergstrom's weblog. You can also find me on Twitter and LinkedIn.
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