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Posts Tagged ‘economics’

Blame for the Economic Crisis? Can’t blame me!

Posted in economics, philosophy, politics, public policy, tagged , , on February 13, 2009 | Leave a Comment »

I jokingly made a site Can’t Blame Me!.  Sadly, TIME doesn’t get the joke and actually thinks they can identify people to blame.  Or maybe they did get the joke and thought a similar concept on their site would generate some traffic.
Let’s be clear: there’s no way to blame anyone.  It just is.  There’s no [...]

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The Stimulus “Buy American” Clause

Posted in business strategy, economics, finance, politics, taxes, tagged , , , , , , , , , , on January 29, 2009 | 3 Comments »

Reproduced with permission from a private e-mail from Mahesh Johari

Some quick commentary only today.  The stimulus bill that just passed the House contains a “Buy American” clause, which forces materials purchased using funds from the stimulus package to come from American manufacturers.
Intuitively, this sounds both logical and appealing.  If we’re spending our taxpayer dollars, obviously [...]

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Economic Soothsaying Dying with the Rest of The Economy

Posted in decision theory, economics, speculation, tagged , , , on January 21, 2009 | Leave a Comment »

I suppose some might consider it a good thing that the Economics Oracles are starting to make far less definitive statements and/or predictions.
Consider the following:

A fantastic series of questions and answers from BBC to leading UK economicist types
The growth in sales for The Black Swan (a book about the impossibility of economic prediction)
This type of [...]

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Should Scientists (Complexity Dudes At That) Help Solve The Economic Woes?

Posted in analysis of behavior, behavior, economics, finance, science, tagged , , , , , on December 16, 2008 | Leave a Comment »

Now here’s a MEATY discussion on Edge.org about the role scientists should play in helping improve the economic conditions.  Chew on this awhile.
Here’s one of my favorite chunks of the discussion lifted from George Dyson’s comments:
Brown, Kauffman, Palmrose, and Smolin have hit the nail on the head. But is it the right nail? When the [...]

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The High Cost of Misperception: Behavioral Economics

Posted in analysis of behavior, business strategy, economics, media, politics, traffic, tagged , , , , , , , , , , , , , , , , on October 31, 2008 | Leave a Comment »

http://www.nytimes.com/2008/10/28/opinion/28brooks.html?_r=1&scp=2&sq=&st=nyt&oref=slogin – free registration to read if not registered…
Go with the as postulated in this NYT.com article, there are four steps to every decision…

you perceive a situation
you think of possible courses of action
you calculate which course is in your best interest
you take the action

&^+%$!!)*?<#!
If only it were that simple.
Over the past few [...]

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Now you see it; now you don’t – Politics, reason and Jihad in Presidential debates!

Posted in analysis of behavior, business strategy, economics, information theory, media, politics, tagged , , , , , , , , , , , , , , , , , , on October 14, 2008 | 5 Comments »

Things are complicated out there. You may or may not be aware that your nervous system filters out the massive amount of data that your senses are exposed to. As a matter of conservation of energy (real and metaphorical) you are attending to very little of your environment based on your history and the current [...]

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Behavioral Analysis of Richard Fuld’s Testimony, Lehman CEO

Posted in analysis of behavior, business strategy, data mining, economics, politics, tagged , , , , , , , , , , , , , , , , , , on October 6, 2008 | Leave a Comment »

Can you remember back to your days in 1975 while in Psychology 210: “Psych for the New World”?

A Negative Reinforcer is a stimulus or stimulus set that when removed or terminated increases the probability of that same response in the future.

Richard Fuld claims that ‘we’ made him and the others like him that have tetra [...]

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Revised Text of Economic Crisis Bill

Posted in economics, politics, tagged , , , on October 1, 2008 | Leave a Comment »

Here she is, check it out.
probably worth reading considering as a tax payer you’re about to spend $6900 of your money on it (per person in your house!).  I like to know what I’m buying….
SEC. 2. PURPOSES.
1
The purposes of this Act are—
2
(1) to immediately provide authority and facili-
3
ties that the Secretary of the Treasury can [...]

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Traditional Publishers in 2008 – Economic Reality

Posted in business strategy, economics, media, online advertising, traffic, vertical media, tagged , , , , , , , on March 30, 2008 | 3 Comments »

The Situation
A few weeks ago I covered the negative economic reality of video based advertising and the conflict between TV ads and Internet video ads.  To clarify, it is negative for the major networks and those that benefit from aggregated audience, distribution and ad spending.  For individuals and small companies it remains positive (e.g. a [...]

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Writer’s Strike and Consequences

Posted in business strategy, economics, hollywood, tagged , , , , on January 23, 2008 | Leave a Comment »

Quick hit here…
Companies are finally aggressively marketing alternatives to TV and using the writer’s strike as user chum.
This is an economic problem for TV that will not be evident for many months.  Here’s why:
Ad rates online are at least 1/3rd lower than TV/Print rates.  Migrating the same viewership online cuts your revenue by 2/3rds at [...]

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