I’m not some kind of fancy economist but it’s weird to watch every major tech company lay off 10-20% of their workforce and even Apple, one of the most successful companies on earth, announce a hiring freeze when their company revenue graph looks like this. See the teeny tiny flattening of the steep curve on …
Category Archives: economics
Movies, Music, Newspapers, and now the Bike Business
The music industry has been going through its own crisis for the last ten years and several years later, the movie industry joined them as they re-evaluated business models, fought piracy, and had middling results at both. Right now we're in the thick of it with regards to newspapers as they pause during a crisis …
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Keynote Index Fund
A few months ago I was thinking about Apple’s rise in value after the iPhone and how Steve Jobs does a great keynote every year, and naturally I thought “I wonder if there’s a way to make money off quick investments around the keynotes?” Then I thought “What if you did this every year, for …
Dwell as economic indicator
While walking back from the mailbox today, I was reminded of the old “number of pages in WIRED closely matches the NASDAQ” thing as I heaved the latest Dwell magazine back to my house. I have about three or four years of back issues in my new bookshelf and just looking at the spines, it …