Tag: "finance"
The Venture Capital Market is Broken
That’s the conclusion reached by Kevin Drum over at Mother Jones (I know, I know, but you’ll find he is a thoughtful analyst, really). He is reviewing a new report by the Kauffman Foundation: The basic answer, I think, comes early on in the report: Investing in venture capital in the early to mid-1990s generated [...]
Can Kickstarter Solve Urban Problems?
Over at the Design Observer Group, Alexandra Lange has a very thoughtful piece on how to use Kickstarter to fund public projects: Most of the Kickstarter projects under the Design tab congregate around the themes of bikes, cheese, typography and iAnything, yet there is now a subset of urban interventions. A plastic tent for a [...]
Crowdfunding Goes Mainstream
Want proof? How about a big story in the business section of the New York Times? Here’s what it had to say about the recent growth of Kickstarter: “This year marks the year that we’ve seen Kickstarter enter the real world in a number of ways,” said Perry Chen, one of its founders. “At Tribeca [...]
Big US Corporations Stronger than Ever. . . Still Not Hiring
This from the Wall Street Journal: Deep cost cutting during the downturn and caution during the recovery put the [S&P 500]companies on firmer financial footing, helping them to outperform the rest of the economy and gather a greater share of the nation’s income. The rebound is reflected in the stock market, with the Dow Jones [...]
China takes another step toward global financial leadership
In chase you missed it, last week, the Wall Street Journal reported that China is taking steps to make it easier for banks to handle transactions in the yuan: The People’s Bank of China, the country’s central bank, is in the process of upgrading what is known as China’s National Advanced Payment System, or Cnaps, [...]
What is really wrong with Europe
That’s the subject of a recent column by the Financial Times‘ Martin Wolf. It is a different diagnosis than is found in the US media: What happened in Europe was that countries in its industrial core achieved massive export surpluses by combining high labour productivity with stagnant wages. The resulting revenues led to huge capital [...]
