Asymmetrical Information
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| Blog Name: | Asymmetrical Information |
| Url: | http://meganmcardle.theatlantic.com/ |
| Language: | English |
| Topics: | Economics, Business, Society |
| Description: | Megan McArdle was born and raised on the Upper West Side of Manhattan, and yes, she does enjoy her lattes, as well as the occasional extra dry skim milk cappuccino. Her checkered work history includes three start-ups, four years as a technology project manager for a boutique consulting firm, a summer as an associate at an investment bank, and a year spent as sort of an executive copy girl for one of the disaster recovery firms at Ground Zero . . . all before the age of thirty. |
| Popularity: | 227 Followers |
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Oprah Winfrey Ending the Most Successful Television Show Ever
Oprah Winfrey has announced that she is ending her show after its 25th season. You can see why she's doing it: one of the wealthiest people in America, with $2.6 billion to her name, Ms. Winfrey hardly needs to keep showing up for a job that must be getting a little repetitive by now. Moreover, she still has a massive media empire with properties like O Magazine to keep the money rolling in. And with the termination of her show, she'll be launching her very own cable network, OWN.Of course, it remains to be seen whether her empire will remain intact
Oprah Winfrey has announced that she is ending her show after its 25th season. You can see why she's doing it: one of the wealthiest people in America, with $2.6 billion to her name, Ms. Winfrey hardly needs to keep showing up for a job that must be getting a little repetitive by now. Moreover, she still has a massive media empire with properties like O Magazine to keep the money rolling in. And with the termination of her show, she'll be launching her very own cable network, OWN.Of course, it remains to be seen whether her empire will remain intact
AppleCare: No Smokers Need Apply
Allegedly, Apple is declining to repair Macs owned by smokers on the ground that secondhand smoke is dangerous. This a gross misunderstanding of the science--theoretically, tobacco tar could be hazardous if applied to your skin, but you'd have to really slather it on, leave it there for an extended period, and reapply fairly frequently. But it also seems like a gross misunderstanding of who makes up their customer base on the East Coast.
Allegedly, Apple is declining to repair Macs owned by smokers on the ground that secondhand smoke is dangerous. This a gross misunderstanding of the science--theoretically, tobacco tar could be hazardous if applied to your skin, but you'd have to really slather it on, leave it there for an extended period, and reapply fairly frequently. But it also seems like a gross misunderstanding of who makes up their customer base on the East Coast.
Is Fox a Real News Operation?
Fox News seems to have a real problem with cutting old footage into new stories. The liberal theory is that this is some sort of concerted conspiracy to imply that 80 million Americans turn out for every Tea Party or Sarah Palin appearance. The conservative line is that they were simply trying to punch up an otherwise dull segment, and/or somehow ran out of footage of the actual event. The latter story makes marginally more sense to me, but only because I cannot imagin
Fox News seems to have a real problem with cutting old footage into new stories. The liberal theory is that this is some sort of concerted conspiracy to imply that 80 million Americans turn out for every Tea Party or Sarah Palin appearance. The conservative line is that they were simply trying to punch up an otherwise dull segment, and/or somehow ran out of footage of the actual event. The latter story makes marginally more sense to me, but only because I cannot imagin
Mental Health Break
The Real Problem with vampires.
The Real Problem with vampires.
The Other CBO Health Care Report
Shortly after it posted its analysis of the Senate health care bill, the CBO put up a letter to Congressman Paul Ryan (R-WI) analyzing the House's other health care bill: the $200+ billion dollar "fix" (aka repeal) of the Sustainable Growth Rate. For those of you who haven't been following along at home, the Sustainable Growth Rate was a cost-cutting measure enacted as part of the Balanced Budget Act of 1997. Not to bore you with unnecessary details, it tied the growth in physician reimbursement payments to GDP growth. This worked for a few years, because we had unusually low cost infl
Shortly after it posted its analysis of the Senate health care bill, the CBO put up a letter to Congressman Paul Ryan (R-WI) analyzing the House's other health care bill: the $200+ billion dollar "fix" (aka repeal) of the Sustainable Growth Rate. For those of you who haven't been following along at home, the Sustainable Growth Rate was a cost-cutting measure enacted as part of the Balanced Budget Act of 1997. Not to bore you with unnecessary details, it tied the growth in physician reimbursement payments to GDP growth. This worked for a few years, because we had unusually low cost infl
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