Submitted by Businomics Blog
Relationships between a company and its customers are not always pleasant.  Who hasn’t cursed Microsoft, griped about oil companies, are ranted about cell phone customer-no-service?
Customers, however, do need kind attention.  Here’s an example of doing it right.  My local minor league soccer team, the Portland Timbers, has had a rocky relationship with […]

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Submitted by unsettling economics

The air continues to be horrible, filled with ash as well as smoke. Today the fire crew lost control of one of the nearby fires. I assume it will get worse today since the temperatures between 108 and 110.
People are being evacuated. Dormitories are being opened for the evacuees.
I had to go […]

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Submitted by CARPE DIEM
1. Government subsidies can be critically analyzed according to a simple principle: You are smarter than the government, so when the government pays you to do something you wouldn’t do on your own, it is almost always paying you to do something stupid.

2. Freedom is not empowerment. Empowerment is what the Serbs […]

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Submitted by CARPE DIEM
From Greg Mankiw:

The New Yorker.
The Economist.
Newsweek.
Washington Post.
And one more from Greg Mankiw:

Foreign Students Flock to the US: Surge in Overseas Applicants Driven by Weak Dollar
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Submitted by The Capital Spectator
Diversification isn’t everything, but it’s a lot. And sometimes, it’s everything.
It doesn’t take much analysis to recognize that asset allocation’s value has risen sharply this year. More precisely, the right asset allocation has generally made the difference between losing a lot of money and either losing a little or even turning […]

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Submitted by Econbrowser
By Jeffrey Frankel
Today, we’re fortunate to have Jeff Frankel, Harpel Professor at Harvard’s Kennedy School of Government, as a guest blogger. His blog is here.
The possibility that some Gulf states, particularly the UAE, might abandon their long-time pegs to the dollar is getting increasing attention (from Martin Feldstein and Brad Setser, for instance). […]

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Submitted by Businomics Blog
I interviewed Lynn Giuliani for the Businomics Audio Magazine about keeping your sales force energized when business is down and they are getting discouraged.  Lynn’s a sales consultant who helps companies develop their people into pro-active sales-oriented staff.  You can check out her website at www.ProgressionsInc.net.  After you listen to the interview […]

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Submitted by CARPE DIEM

Prices were outrageously volatile. While traders attributed the sharp market movements to supply and demand, most politicians in Washington were sure that speculation was the culprit. The U.S. public became incensed.
The year was 1958, the commodity in question onions. Congress held long and sometimes tumultuous hearings in which Everette Harris, then president […]

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Submitted by CARPE DIEM
DETROIT NEWS –Fueled by an overvalued housing market and a spigot of easy credit, people overextended themselves on luxury items like automobiles, boats, Jet Skis and the like. If Jones got a Hummer, you got a Hummer. If Smith got a Corvette, you got a Cadillac. Now the punch bowl has gone […]

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Submitted by CARPE DIEM
McCain’s chances to become president are sinking on Intrade.com (last 38 days shown above).
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Submitted by CARPE DIEM

From “The Klein Doctrine: The Rise of Disaster Polemics,” by Johan Norberg, Senior Fellow at the Cato Institute
Executive Summary: Naomi Klein’s The Shock Doctrine purports to be an exposé of the ruthless nature of free-market capitalism and its chief recent exponent, Milton Friedman (click arrow above to watch video). Klein argues […]

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