The Great Giveback
Whatever we end up calling this recession/depression, I think we can safely name one small part of it: The Great Giveback. There seems to be a rebate fever among firms trying hard to keep their customers happy, or keep their customers at all. JetBlue just announced it will give full ticket refunds to customers who Read More »
Let the Human-Capital Exodus Begin
One effect of President Obama‘s $500,000 salary cap on the executives of bailed out firms (if it has any effect at all; Gary Becker thinks it won’t) could be an exodus of human capital from the top echelons of the finance industry. A new paper suggests that talented people are likely to leave finance in Read More »
Mind the Electric Gap
Thirty percent of U.S. electricity consumption could be erased through gains in energy productivity, according to the Rocky Mountain Institute. (Related: see R.M.I. chairman Amory Lovins‘s recent guest post.) The institute’s analysis arrived at electricity productivity stats for all 50 states by dividing each state’s G.D.P. by the kilowatt hours of electricity it consumed. New Read More »
Finalists for the New U.S. Six-Word Motto
We recently solicited your suggestions for a new six-word motto for the U.S. (Yes, this is a reprise of last year’s contest.) As always, you came through brilliantly, with more than 300 submissions. Here are our choices for the six finalists: 1. Consumption’s the Cure That Ails Us. (Submitted by Quin.) 2. We Will Get Read More »
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