Here’s a video
So in this video we find a lot of information about Apple TV
Posted 1 year ago
Posted 1 year ago
[Flash 9 is required to listen to audio.]
What a great, spooky cover of Radiohead’s Creep
Posted 1 year ago
From the “that’s not a drum kit, THIS is a drum kit” department: Neal Peart playing the Hockey Night in Canada theme.
Posted 1 year ago
Posted 1 year ago
Jobs, jobs, jobs
The reset has got me thinking a lot lately about the conventional wisdom regarding the focus on increasing shareholder value. Most people that suggest a firm focus solely on increasing shareholder value fail to appreciate the reality that incentives to increase shareholder value are almost solely focused on the short term (fiscal quarter). Here are a couple of articles I read from unlikely sources that seem to argue that what’s good for the country is good for its firms.
Andy Grove argues that for the long term health and competitiveness of a country it’s important to create and hold high value added jobs.He even argues that it’s right to use tariffs to offset costs. An interesting read.
Over at Naked Capitalism, Yves Smith suggests productivity gains have gone from benefiting society to benefiting shareholders. As jobs are outsourced, productivity increases (e.g., same output for less expense). However, as jobs are commoditized, we lose our international competitiveness.
While it seems to defy conventional economics, it does seem to make sense: people need good paying jobs to buy your products.
