PlainJane

America, The Nanny State

Why is this embarrassingly one sided political theater art being promoted by the editors of SA? This is for Digg.

Rachael Granby Is on Maternity Leave

Congratulations Rachel!

Revolt of the Stenographers

Circulation revenue was never all that profound even in the pre-internet era. Now it's nearly zero, but so is the cost of publishing.

The newspaper industry meltdown is a failure on their part, to convince their advertisers of the value of web based advertising. Their cunning plan of charging the eyes would be funny if it wasn't so tragic.

'The Crash of 2008 and What It Means' by George Soros

Thank you for the review. The value of Soro's work is to challenge the entrenched view of the market as an equilibrium seeking shark. Any expansion and refinement of the bubble position will most likely come from another source.

Shiv Kapoor said
>the misconception continues to work until it is too late. Yet, it is not the predictive
>characteristics of reflexivity that interests me. What does interest me, using this concept as a
>means to understand bubbles;

I don't know that we can ever prevent the formation of bubbles, but trying to figure out what causes their eventual collapse would enable us to "prick" them early on, minimizing the damage to other markets.

frost said:
>The multiplier effect takes hold when the financial and/or popular media make the public
>increasingly aware of a trend-to-become-a-bubble. Bubbles can only happen when enough
>people become aware and want to jump on the bandwagon, causing the trend to exponentiate.
>Otherwise, a trend remains linear and runs its natural course.

Actually I think knowledge of a bubble exacerbates the situation. Even as people despise bubbles, they recognize that there is an opportunity cost for not participating.

Amazon Drops the Price of the Kindle 2 to $299

Two competing products - the reader from Plastic Logic and Hearst's FirstPaper - are preparing to launch. I believe Amazon is making a preemptive strike.

ADP Job Loss Estimates Paint a Gloomy Picture

Two point oh, you mean.

A five-story office building on South Church Street in the Caymans serves as the official address for 18,857 corporations, about half of them U.S. firms.

The building looks so vacant. You would think, with that many companies people would be pressed up against the glass.