Microsoft’s lost decade

1st August 2012

Microsoft's Lost Decade

Since the turn of the millennium, Microsoft has lost its supremacy to the likes of Apple, Facebook and Google. Moreover, the tech giant has also lost its mojo. So who's to blame?  Kurt Eichenwald says the finger points squarely at C.E.O. Steve Ballmer, Bill Gates's successor. Vanity Fair

 

Dos and Don'ts for the European Central Bank

Martin Feldstein believes that the selective purchase of individual country bonds is both unnecessary and dangerous. Instead, the ECB should look to buy and sell a "neutral basket" of sovereign bonds, with each country's share in the basket determined by its share in the ECB's capital. Project Syndicate

 

The Hangover: How Las Vegas Explains the Past and Future of the Economy

"The first American city of the new century is a dazzling metaphor for our collapse – hyperconstruction! preposterous gambles! concerted recklessness! – and, just maybe, the way forward." The Atlantic

 

The Three Rings of the Libor Circus (and a Sideshow)

David Warsh takes a look at the "Go-to-jail" ring, "Central Banking" ring and "bank management" ring of the labor scandal. (There's also a "Sideshow" thrown in there for good measure.) Economic Principles

 

The incredible shrinking UK economy – an update

Using data from 2011, John Ross concludes that in terms of its real international position, the decline in the position of the UK is by far the worst of any major economy. Socialist Economic Bulletin

 

More on Mindful Money

The Kay Review: How to change the City

Is the housing market on borrowed time?

Beyond ideology: what is the right approach to fixing the economy?

To receive our free daily newsletter sign up here

The Financialist

Leave a Reply

Your email address will not be published. Required fields are marked *