Archive for February, 2010

Antitrust & Lobbying

Thursday, February 25th, 2010

The traditional way to succeed in the world of business was to have better product, better marketing, better service etc., than the competition. The firm had to strive to please the consumer. (It’s a bit idealistic view,but whatever…)

The weapon of modern times is Antitrust. Big companies lobby in Brussels (or in Washington DC) for antitrust examination of their rivals to get them tangled in red tape, and slow their growth. Last case is a preliminary examination of Google, triggered by a complaint by Ciao! (owned by Microsoft), and two other EU based companies. Often these investigation find nothing wrong, but end up damaging the investigated company.

It would be very sad if the legal environment in the Western World incentivized companies to spend their resources on lawsuits and lobbying rather than on competition to create the best product…

Stand up…

Wednesday, February 24th, 2010

Sitting can apparently be more dangerous than one would think. Not only that it’s one of the most passive things (makes you fat because you are not burning any calories), but it also prevents production of certain for the body beneficial chemicals that are produced only when muscles flex. In other words the body stops being nice to itself when you sit too much.

I am standing in the bus starting tomorrow!

more can be found HERE.

The Economist debate on “Who Benefits from the financial innovation?”

Tuesday, February 23rd, 2010

The debate can be found HERE. Ross Levine is for the motion that financial innovation boosts economic growth, Joseph Stiglitz is against the motion.
(I like Levine’s opinion better – no surprise).

Video application to the Tufts University

Tuesday, February 23rd, 2010

Tufts, one of the three famous universities located in the Boston area encourages students to supplement their application with a Youtube video. In my opinion a brilliant idea, the world around us is changing and the university applications should keep up with the trend.
The only think I don’t like is that it might further disadvantage kids coming from low income families. Today some of the wealthy parents are hiring professionals to write application essays for their kids, tomorrow they’re going to hire Hollywood directors to make short films about their “young geniuses”. Wonder if Cameron would do an application video in 3D…