Curt Doolittle

Category: Economics, Finance, and Political Economy

  • (James Santagata corrects me.) My argument was this: that consumers provide an e

    (James Santagata corrects me.)

    My argument was this: that consumers provide an exceptional means of low cost R&D because they make small investments at low transaction costs. However, the ‘big money’ outside of advertising (gambling) is still in the enterprise customer. That is because the switching costs for consumers is low, and the switching cost for the enterprise is high.

    It has taken a long time for hurricane caused by the justice department’s flapping of butterfly wings to dissipate, but it’s clear that it’s dissipating and that massive consolidation will be possible.

    Why? because owning customer relationships and the curatorial influence of brand has been suppressed for a decade. And I see a peak over there on the horizon.

    The accumulated value of prior generatoins anchored past customer-owners. That anchor has dissipated also.

    More later.

    Source date (UTC): 2015-05-08 09:12:00 UTC

  • and Entrepreneurs. Another Division of Cognitive Labor

    http://fee.org/freeman/detail/the-doomsayers-are-right/Doomsayers and Entrepreneurs. Another Division of Cognitive Labor.

    Source date (UTC): 2015-05-07 14:31:00 UTC

  • WHY USE LESS ENERGY TO FUND DYSGENIA? Why should I stop driving, heating, coolin

    WHY USE LESS ENERGY TO FUND DYSGENIA?

    Why should I stop driving, heating, cooling, burning, manufacturing, so that the underclasses can engage in dysgeic reproduction?

    It’s harmful to mankind to fund dysgenia. It’s the worst possible strategic action that we can take.

    There isn’t any global warming crisis, any more than there is any other pollution crisis. There is a dysgenic overbreeding crisis.

    This isn’t complicated.

    Solve the right problem.

    Source date (UTC): 2015-05-07 05:24:00 UTC

  • “Most small businesses are pass-through businesses. A pass-through business is a

    –“Most small businesses are pass-through businesses. A pass-through business is a type of business where the owner pay the tax on his or her individual income tax return. According to 2011 Census data, pass-through businesses employ 55.3 percent of the private sector work force of 119 million people. This represents approximately 65.8 million workers and business owners.

    Employment by pass-through businesses varies by state. However, pass-through businesses employ most of the private sector workforce in 48 states. In eight states, pass-through businesses account for more than 60 percent of employment. Pass-through businesses employ 67.9 percent of the private work force in Montana, 64.7 percent in South Dakota, and 64 percent in Idaho.

    Hawaii (48 percent) and Delaware (49.5 percent) are the only states where corporations employ more workers than pass-through businesses.”–

    Source date (UTC): 2015-05-06 17:23:00 UTC

  • is a political pejorative applied to any economic policy that someone doesn’t li

    http://www.quora.com/What-is-the-definition-of-austerity-in-economics-and-economic-policy/answer/Erik-Fair?srid=u4Qv&share=1—“Austerity” is a political pejorative applied to any economic policy that someone doesn’t like, e.g. anything that reduces Social Welfare payments which a government cannot afford, or that results in more competition for cosseted political groups like Labor Unions.”—

    Source date (UTC): 2015-05-06 14:54:00 UTC

  • You Should Know About the history of Free-Banking Now, information analysis woul

    http://www.alt-m.org/2015/04/28/what-you-should-know-about-free-banking-history/What You Should Know About the history of Free-Banking

    Now, information analysis would tell us that the information used and provided by private people with much knowledge is traded for that of politicians and bureaucrats without it.

    Production and in vestments for consumption and malinvestment.

    Consumption over production.

    Source date (UTC): 2015-05-05 13:09:00 UTC

  • american retail apocalypse. Coming to a store near you. (good data)

    http://www.zerohedge.com/news/2015-05-02/major-us-retailers-are-closing-more-6000-storesThe american retail apocalypse.

    Coming to a store near you.

    (good data)

    Source date (UTC): 2015-05-03 09:12:00 UTC

  • and earnings

    http://infoproc.blogspot.com/2015/04/value-added-college-rankings.htmlMath and earnings.

    Source date (UTC): 2015-04-29 12:51:00 UTC

  • “US stocks no longer reflect any fundamentals but merely Fed and global liquidit

    —“US stocks no longer reflect any fundamentals but merely Fed and global liquidity injections,”—

    Actually, Mandelbrot argues that this has always been true. Or more accurately, that the (light) fundamemtals are obscured by (heavy) fed and (heavier) global injection, and that all volatility is merely the noise created as liquidity moves through the system.

    Source date (UTC): 2015-04-29 11:43:00 UTC

  • LOW BRITISH PRODUCTIVITY —“Low productivity is the number one problem Britain

    LOW BRITISH PRODUCTIVITY

    —“Low productivity is the number one problem Britain faces,” says Van Reenen. Even before the crisis, it lagged behind other rich countries. The latest data suggest UK output per hour worked is 30 per cent below US levels, and 17 per cent below the G7 average (at purchasing power parity).—

    John van Reenen, Professor at the London School of Economics

    Source date (UTC): 2015-04-21 23:28:00 UTC