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An Important Second Term
Albert Wenger – Nov 7, 2012
I was very happy to see President Obama win a second term last night. For starters it was gratifying that despite all sorts of last minute challenges this was not a close vote with hanging chads and damage to the [...] Read more
Tech Tuesday: Algorithms (Continued)
Albert Wenger – Nov 6, 2012
Last Tech Tuesday was now two weeks ago due to Hurricane Sandy. As a quick refresher, we looked at where the word algorithm comes from, saw that an algorithm is similar to a recipe and gave an example of a [...] Read more
Thinking About Employment (Part 2)
Albert Wenger – Nov 5, 2012
Last weekend I wrote a post about what is happening with employment. The gist was that employment in the US in agriculture and manufacturing has collapsed as a percentage of total employment and declined even in absolute terms mostly as [...] Read more
Information Technology and Firm Size (Thesis)
Albert Wenger – Nov 2, 2012
As previously announced, I have self-published my MIT PhD thesis. Today’s post is about the first paper, which is titled “Information Technology and Firm Size” which – as the rather plain title suggests – examines statistical evidence of the impact [...] Read more
The Return of the Capital Intensive Startup
Albert Wenger – Nov 1, 2012
This post is a bit more thinking out loud than usual but I am grappling with what I perceive to be a big change in the startup landscape. Here are some of its symptoms: the return of TV, print and [...] Read more