Economics

Fashion Leads the Way

Bravely diving into the breach, what what, Burberry goes ahead with its IPO. Investor confidence wavers today, but consumer confidence in a dynamic business with a well-defined and forward-looking brand and brand evolution persists! They offered at the low end of the estimated capital value of the company, which makes sense in this environment, but …

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Lindows and Wal-mart Bring Choice to Computer Customers

An interesting story on National Public Radio this morning: Lindows is a new computer operating system that’s being sold with PC’s for under $300. Its main selling point is its “click and run” application that allows users to easily download software. Although Microsoft and computer industry experts don’t think Lindows and Windows are competing for …

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Heat Wave

I was going to spend some time today writing about the heat wave in the West, and how the California electricity network and “market” are responding to this first big stress in a very long time. Then I read Charles Oliver’s outstanding editorial from yesterday on EnterpriseEconomy.com (link courtesy of Instapundit, thanks Glenn), and now …

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Optimism

This week is finals week at Northwestern, and that means that I get to read 11 research papers from my Environmental Economics class. Very good brain candy — I always learn something from their presentations, their evidence, and their arguments. If these students are representative of the future of environmental policymakers, I am hopeful.

California, Manipulation, and Learning

I’m not going to get into the California market manipulation fray any further for now, beyond providing links to stories summarizing the issues and commenting on the continuing vituperative rhetoric of politicians in California, without any willingness to acknowledge that the rules of their dysfunctional “market” did not forbid any of these trades. At the …

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