Beginning to End the Great Recession
Chancellor Angela Merkel of Germany is in trouble. So is David Cameron, Prime minister of Great Britain though not as much. Merkel has an election looming and both have been caught on the wrong side of the most important political-economic issue of the generation, the continuing depression and joblessness plaguing Europe and to a lesser [...]
Economics On The Ground in Silicon Valley
The economy appears to be on the minds of magazine editors these days and no wonder. With the stimulus running out the economy appears to be headed south again. This contradicts my experience last week in Silicon Valley where the CEOs I met with said they were, 1) Raising more money, not because they need [...]
The Stimulus Backlash
It appears that one very significant problem that the Administration and the Federal Reserve created, a frightening spike in unemployment, is the result of a massive miscalculation about how the staggering borrowing by the government would play out.
The Fed endorsed a policy of record borrowing under the theory that we were at risk of a [...]
IBM’s Smarter Utility play: Solutions Architecture for Energy and Utilities Framework (SAFE)
Jeff Smith is an old buddy of mine, so its good to see him leading an IBM vertical play that aims to make asset and service management an awful lot more efficient in the utilities industries. Jeff has a solid background in automation from his time at Tivoli, IBM’s management systems management arm, so [...]
