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Housing Boom Peaks O |
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We are in the midst of . . . the biggest world-wide housing boom ever,” declared Robert Shiller, the Yale economist and author of Irrational Exuberance. In August 2004, sales of new homes went up by 9.4 percent, the biggest increase since December 2000. |
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The Patent Litigatio |
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Patent and copyright protection are included in the U.S. Constitution as a way to safeguard scientific and commercial innovations, as well as books, movies, music and other creative products. But, unlike laws protecting personal property, the copyright and patent laws are supposed to “promote the progress of science and useful arts.” |
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Think Twice |
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| Michael J. Mauboussin |
ǻ | Harvard Business Press |
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You Can Safely Ignor |
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As Milton Ezrati, Chief Economist with Lord Abbett & Company, noted in his December 27, 2004 commentary,1 many broadcast journalists are nearing apoplexy over the U.S. current account deficit. And quite a few investment managers seem to have the same malady. |
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Off-Shoring the Know |
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Although we’ve just explained that there is little reason to worry about off-shoring low-skilled, low-paying jobs that will be automated anyway, many observers are even more anxious about this related trend. Many companies are starting to off-shore some of their highly-skilled technical jobs to overseas providers. |
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