Gongol.com Archives: May 2014
Bigger than the Facebook IPO?
Alibaba wants to go public (the total amount isn't set yet, but it could be $20 billion, according to some speculation) -- and that would put a windfall of cash in Yahoo's bank account when it happens.
Police won't aggressively enforce rules on Lyft and Uber in Omaha...yet
The Pope is not an economist
His call for "legitimate redistribution" of wealth may be a statement of moral longing, but not really one of actionable economics. The poor only really become less so when opportunities to capitalize upon their knowledge, skills, and motivation are made possible by rational systems of law. Less valuable than "redistribution" is making sure that legitimate public services like education and sanitation are delivered well, and that property rights are respected (which they are not in many parts of the world). We're not going to get far when a billion people lack basic sanitation.
Cultural differences kill a huge merger of ad firms
Omnicom and Publicis were going to merge in a $35 billion deal. Then nobody could get along on the details.
Fukushima was an immediate disaster, but the ongoing radioactivity appears minimal