Wall Street Journal: Market News

Wall Street Journal: U.S. Business

Robert Reich

  • Biden’s Industrial Policy
    America is about to revive an idea that was left for dead decades ago. It’s called industrial...
    - 2 days ago, 18 Apr 21, 6:46pm -
  • Does Trickle-Down Economics Actually Work?To the extent the...
    Does Trickle-Down Economics Actually Work?To the extent the Republican Party has any economic platform at all, it’s trickle-down economics. Unfortunately for the GOP, it’s based on three giant myths. It’s time to debunk them once and for all.My…
    - 6 days ago, 15 Apr 21, 1:34am -
  • The Basic Deal Between Corporate America and the GOP is Alive and Well
    For four decades, the basic deal between big American corporations and politicians has been simple....
    - 9 days ago, 11 Apr 21, 5:48pm -
  • How Corporations Crush the Working ClassThe most dramatic change...
    How Corporations Crush the Working ClassThe most dramatic change in the system over the last half-century has been the emergence of corporate giants like Amazon and the shrinkage of labor unions.The resulting power imbalance has spawned near-record i…
    - 14 days ago, 6 Apr 21, 6:16pm -
  • Mr. Fix-It
    Joe Biden is embarking on the biggest government initiative in more than a half century, “unlike...
    - 16 days ago, 4 Apr 21, 7:10pm -
  • What if We Actually Taxed the Rich?Income and wealth are now...
    What if We Actually Taxed the Rich?Income and wealth are now more concentrated at the top than at any time over the last 80 years, and our unjust tax system is a big reason why. The tax code is rigged for the rich, enabling a handful of wealthy indiv…
    - 19 days ago, 2 Apr 21, 1:07am -
  • The Bigot Party
    Republicans are outraged – outraged! – at the surge of migrants at the southern border. The...
    - 23 days ago, 28 Mar 21, 11:58pm -

Naked Capitalism

Overcoming Bias

  • To Beat Aliens, We Must Become Aliens
    Fight fire with fire. It takes a thief to catch a thief. To defeat your enemy, know and become your enemy. Across the long sweep of history, our ancestors have greatly changed. Animals to primates to foragers to farmers to … Continue reading →
    - 15 days ago, 6 Apr 21, 2:15am -
  • Meta-Comments On UFO Talk
    Following my “live and learn” strategy, after having written a bit about UFOs, let me now make some meta-comments. For most intellectuals, UFOs are a topic “beyond the pale” and “outside the Overton window”. As was the topic of sex … Co…
    - 18 days ago, 2 Apr 21, 9:20pm -
  • Explaining Stylized UFO Facts
    In my last post I summarized some key stylized social facts that a theory of UFOs-as-aliens would need to explain: Any aliens behind UFOs would be amazingly long-lived, and also somehow they’ve coordinated to limit any small part of themselves ……
    - 21 days ago, 30 Mar 21, 9:30pm -
  • UFO Stylized Social Facts

    - 24 days ago, 28 Mar 21, 2:00pm -
  • Given Our Date, Is Sun Birth Late?
    In our grabby aliens paper, we use a simple model that predicts the appearance of advanced life in terms of when habitable stars are formed, how long they last, and the hard steps power law of when advanced life appears … Continue reading →
    - 24 days ago, 27 Mar 21, 7:25pm -
  • Are Expansive Aliens Obvious?
    In our 3 parameter model of where are the grabby aliens in space and time, each parameter can be estimated using existing data: our current date, the dates of major events in Earth history, and the fact that we don’t … Continue reading →
    - 25 days ago, 27 Mar 21, 5:00pm -
  • Power Laws Approximate Appearance

    - 26 days ago, 26 Mar 21, 4:00pm -
  • Super Hostile Takeovers
    For a brief period in the late ’50s, until the mid-’60s, when modern hostile takeover techniques were perfected, we had a pretty much unregulated market for corporate control. Shareholders received on average 40% over the pre-bid price for their…
    - 27 days ago, 24 Mar 21, 6:15pm -
  • Live And Learn
    In my last four posts you’ll see a pattern repeated twice: first I participate in “ground” talk on a particular issue, then I stand back and reflect on some patterns in that ground talk. I see this as a healthy … Continue reading →
    - 31 days ago, 20 Mar 21, 8:30pm -
  • Who Wants Good Advice?
    Bryan Caplan: 1. Finish high school. 2. Get a full-time job once you finish school. 3. Get married before you have children. …. While hardly anyone explicitly uses [this] success sequence to argue that we underrate the blameworthiness of the … Co…
    - 32 days ago, 20 Mar 21, 3:00pm -

Information Arbitrage

  • Recycling: The challenge and the opportunity for a Seed stage VC
    My recent post gave rise to a host of questions around the issue of recycling. What does it mean? How do you do it? And what are the implications for venture investors? I attempted to respond in a Tweetstorm, but recycling is a complicated issue that…
    - 5 Oct 16, 8:48pm -
  • The TTD Investment and the IA Ventures Model
    A Little HistoryIA Ventures began life a little less than seven years ago, just as the world was coming out of the worst economic crisis since the Great Depression. The term “Micro VC” had yet to be coined. “Big Data” was still somewhat myste…
    - 29 Sep 16, 1:25am -
  • Welcoming John to IA
    Brad, Jesse and I are happy to announce that our friend and colleague, John Hadl, is joining IA Ventures as Venture Partner, effective immediately. We have personally gotten to know John over the past four years due to our shared investment in PlaceI…
    - 12 Mar 15, 8:29pm -
  • Crowdfunding for start-ups: A durable trend or a bull market phenomenon?
    Angel investing is red hot as is the concept of crowdfunding start up investment. Part of this phenomenon has been driven by the emergence of AngelList, the brainchild of Naval Ravikant. What started out as a way for a curated set of angels to inves…
    - 23 Nov 14, 10:44pm -
  • Financial interaction: the next generation
    I have spent over 25 years creating, processing and analyzing financial transactions. I like studying them - a lot - whether an outgrowth of my time on Wall Street helping sophisticated entities manage risks, or through IA Ventures’ investments in…
    - 25 Feb 14, 10:43pm -
  • IA Ventures: Reflections on 2013
    2013 was a very different kind of year for IA Ventures. While the years 2010-12 were characterized by 8-10 new investments per year, in 2013 we invested in only three new companies: Data Robot; Digital Ocean (DO) and Sight Machine (SM). Digital Ocean…
    - 3 Jan 14, 8:28pm -
  • “If you can’t do something willingly and joyfully, then don’t do it. If you give...
    “If you can’t do something willingly and joyfully, then don’t do it. If you give up drinking, don’t go moaning about it; go back on the bottle. Do. As. Thou. Wilt." - The late Peter O'Toole
    - 16 Dec 13, 1:05pm -
  • Venture Capital and "Innovation"
    Many have recently been critical of the role of the venture industry in financing “true innovation.” The narrative goes something like this: “VCs are like lemmings, flocking to the latest consumer wave (mobile chat, ride-sharing, etc.) in searc…
    - 16 Dec 13, 2:41am -
  • Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to...
    Evidence is mounting that people at the bottom are increasingly stuck without skills or pathways to rise. Research from the Federal Reserve Bank of Boston shows that in the 1980s, 21 percent of Americans in the bottom income quintile would rise to…
    - 15 Dec 13, 1:51pm -
  • Soft is the new Hard
    I live in a world where engineering and technical talent is valued above all others, where the Holy Grail is a “coding ninja” who can crank out oodles of elegant code at a breakneck pace. These people speak a language that is distinct and only un…
    - 14 Nov 13, 4:32am -