Relevant and even prescient commentary on news, politics and the economy.

Competition from China reduced Innovation in the US

Via Tyler Cowen, here is a piece by David Autor, David Dorn, Gordon Hanson, Gary P. Pisano and Pian Shu. Cowen quoted the most important part, so let me follow his lead: The central finding of our regression analysis is that firms whose industries were exposed to a greater surge of Chinese import competition from […]

Academia.edu Coding Fail

I was going to write a post called “Barack Obama Fellates the Shark, then Wonders Why It Bites Off His Lower Half,” but decided instead to go for comedy instead of pointing out that the 2014 midterms are going to make 2010 look like the peak of LibDem activism. Academia.edu is “a place to share […]

Many types of tech, not just robots

by Mike Kimel Many types of tech – not just robots – have been affecting and are going to affect the service sector. When someone develops an inexpensive sign you can stick on top of television sets, racks of clothes, or appliances that will change itself whenever someone in the headquarters decides to change the price of the product, […]

Tech Bleg

Trying to upgrade an iMac from 10.4.11 to something in the 10.6.x range, but can’t seem to find any way to transition to 10.5.x (which is, apparently, required before 10.6.4 can be installed). Apple presents files, but no instructions. Anyone done this? Or should I just keep treating 10.4.11 as something like Windows Vista–an OS […]

The Case is Made Clearly

The only time I personally owned MSFT stock was just after Thomas Penfield Jackson’s second break-up ruling, when there might have been an upside. I sold it shortly after the Appeals Court nixed the only good idea—breakup—in favor of “let them pay a fine to be determined, and let them dawdle long enough that the […]

We Beat the Germans in 1918/And They’ve Hardly Bothered Us Since Then

Brad DeLong culls the comments to this post at Crooked Timber to produce a “with notably rare exceptions” Greatest Hits package—his second post riffing on the original—in honor of The Maestro continuing to attempt to improve the reputations of Paul Volcker and Ben Bernanke, if not G. William (“I ran a company, I didn’t need […]

Students who Whine Like This are not Long for Class

The Battle of Late January has ended, as Amazon yields, gracelessly: We have expressed our strong disagreement and the seriousness of our disagreement by temporarily ceasing the sale of all Macmillan titles. We want you to know that ultimately, however, we will have to capitulate and accept Macmillan’s terms because Macmillan has a monopoly over […]

Cui Bono? The Kindle

John Scalzi makes a clear case that Amazon’s determination to subsidize the Kindle is coming at the expense of Authors’s and their Publishers: This asinine jockeying over electronic book prices has very little to do with what’s actually good or useful for anyone other than the manufacturer of a piece of hardware… who also happens […]