Thursday, May 27, 2010
Early gadget adopters represent an estimated 13.5% of the total market
Laggards or leapfroggers are users who skip gadget updates (Walkman -> iPod, not Walkman->Discman->Minidisc->iPod)
If 10% of laggards leapfrog, their purchase can drive profits from a new gadget 89% higher than without leapfrogging.
Wired Magazine, June 2010
Wednesday, May 26, 2010
Black is walking
Red is bicycling or equivalent speed
Blue is motor vehicles on normal roads
Green is freeways or rapid transit
The youth unemployment rate of 19.6% is the highest for the age group since the government began tracking the data in 1947.
Although 16-24 year-olds make up 13% of the labor force, they represent 26% of the unemployed, according to the report. And 16 to 17 year olds fared worse, with a 29% unemployment rate.
College graduates experienced the lowest unemployment rate at 8%, compared to high school drop outs who have the highest level of unemployment at 33%.
Tuesday, May 25, 2010
"Much of what we talk about is what I call robust interventions. By that I mean interventions that are simple enough that you don’t have to very fine tune to make them work...We have just seen that the government can be very dysfunctional. ...it goes back to the dynamic view on regulation and taxation. Any system will have constant changes and so there will be mistakes. But then we have to say that we are ready to correct the mistakes when they become evident." -Joseph Stiglitz
The Economic Times
Sunday, May 23, 2010
Saturday, May 22, 2010
Tuesday, May 18, 2010
Thursday, May 13, 2010
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