Submitted by CARPE DIEM
“I voted for this farm bill because farmers are a concentrated, highly organized and well-funded interest group. Of course, I know that the overall benefits of this bill fall far short of its costs. But those benefits are concentrated on a tiny percentage of the population, while the costs are spread out […]

continue reading.....

Submitted by CARPE DIEM

Wal-Mart serves more than 49 million iternational customers weekly at 3,146 stores in 13 markets outside the continental U.S. (see chart above), and employs 620,000 international associates. International sales were $90.6 billion for Wal-Mart’s latest fiscal year (through 1/31/2008), a 17.5% increase over the previous year.
Visit 1800blogger to see all of our […]

continue reading.....

Submitted by CARPE DIEM

Total Visits to CD (since 9/20/06): +750,000

Total Page Views: +1,000,000

Average Visits Per Day: About 2,500

Average Visit Length: 2.5 minutes

Total Number of Posts (since 9/20/06): 2,704

Average Posts Per Day: 4.23

Browser Share of Visitors: IE 59%, Firefox 33%, Safari 6%

CD Rank on 26.econ for Economics blogs: #31

CD Rank on Gongol.com for Business and […]

continue reading.....

Submitted by CARPE DIEM

Thanks to J.J. Howe.
Related article from today’s WSJ: City leaders in Cedar Rapids, Iowa declared 2008 at the “Year of the River” to highlight the riverfront revitalization that has been taking place there. That was, of course, before the Cedar River turned on an American city like few rivers have before.

Note: […]

continue reading.....

Submitted by CARPE DIEM

In this video from 1975 (the year before he was awarded the Nobel Prize), Milton Friedman explains at the beginning:
“I never characterize myself as a conservative economist. As I understand the English language, conservative means conserving, keeping things as they are. I don’t want to keep things as they are. The […]

continue reading.....

Submitted by Businomics Blog
Dan Harris over at China Law Blog has a great discussion about doing business in China–or anywhere else outside of your hometown.  Key takeaway:
“One of the things we are always telling our clients is that successful China business requires close monitoring both by people on the ground in China and by people […]

continue reading.....