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Cowboy Economics News - January 2010 Archives


Financial crisis in news: Government financial support of news media continues steep decline (1/30/2010)

Government financial support that has bolstered this country's commercial news business since its colonial days is in sharp decline and is likely to fall further, according to a report released today by the University of Southern California's Center on Communication Leadership & Policy. Because these cutbacks are occurring at the height of the digital revolution, they will have an especially powerful impact on a weakened news industry. ...> Full Article


Don't privatize banks too soon (1/29/2010)

Initial findings carried out under the ESRC's World Economy and Finance research program, which comes to a conclusion with a conference in London on January 28, 2010, warn against privatizing the recently nationalized banks too soon. ...> Full Article


Contain the damage of the financial crisis (1/27/2010)

The financial crisis creates chances for companies that learn to assess risk, recognize opportunity and take action quickly. "Beat the Crisis: 33 Quick Solutions for Your Company" is an antidote to the chorus of doom-and-gloom, a manual for business leaders and employees who are ready to fight. In this book, international strategy guru Hermann Simon offers 33 practical actions that any company can take immediately. ...> Full Article


Kibbutz transformation continues (1/26/2010)

Israel's kibbutz movement continues to shift from the "collective" model to differential wages.Over the course of 2009, five more kibbutzim converted to the "renewing kibbutz" model (paying its members differential wages) bringing the percentage of such kibbutzim up to 72 percent of all the kibbutzim in Israel. ...> Full Article


Providing good customer service is key to surviving down economy (1/23/2010)

The recession and the recent holiday shopping crunch have brought further into focus the true importance of receiving good customer service. Americans are being more careful than ever about how and where they spend their money. A new report from the Center for Services Leadership at the W. P. Carey School of Business at Arizona State University reveals advice from some of the top names in business on how to keep customers happy. ...> Full Article


Companies better off hiring CEO from within in the long term (1/22/2010)

Companies better off hiring CEO from within in the long termWhen a company wants to appoint a new CEO for strategic changes, they would be better off in the long term by promoting someone from inside the company rather than hiring someone from the outside, according to a new study from Rice University's Jones Graduate School of Business. ...> Full Article


'Oil panic and the global crisis: Predictions and myths' (1/18/2010)

'Oil panic and the global crisis: Predictions and myths'Stanford Proffesor separates fact from fiction and asks "are we really running out of oil or is the peak oil model outdated?" ...> Full Article


Research finds consumer behavior and lifestyle traits influence foreclosure rates (1/15/2010)

Research finds consumer behavior and lifestyle traits influence foreclosure ratesA homeowner's station in life and personal spending beliefs and habits are important indicators of the borrower's potential for home-mortgage default, say researchers in the University of Alabama at Birmingham School of Business. ...> Full Article


Report offers policymakers multiple ways to stabilize national debt (1/14/2010)

A new joint report from the National Research Council and the National Academy of Public Administration offers US leaders ways to address the nation's fiscal problems and confront its rapidly growing debt -- a burden that if unchecked will inevitably limit the nation's future wealth and risk a disruptive fiscal crisis that could lead to a severe recession. ...> Full Article


Economists: Appliance rebates waste government money (1/12/2010)

For every $100 of taxpayer money spent on refrigerators under the federal appliance rebate program, $6 is entirely lost, say two University of Delaware economists. ...> Full Article


All sustainable transportation subsidies shouldn't be created equal, experts say (1/8/2010)

When it comes to pumping up the appeal of plug-in hybrid electric vehicles, some regions are more ripe for the cars than others, and some consumers' buttons need more pushing than others -- an important policy distinction when shaping subsidies, two energy policy experts say. ...> Full Article


Study: US biofuels policies flawed (1/7/2010)

The United States needs to fundamentally rethink its policy of promoting ethanol to diversify its energy sources and increase energy security, according to a new policy paper by Rice University's Baker Institute for Public Policy. ...> Full Article


Overexposure to credit default swaps contributed to financial meltdown, new study finds (1/5/2010)

Overexposure to credit default swaps (CDS) -- a market-traded form of investment insurance -- are believed to have contributed to last year's financial meltdown.Trying to understand how CDS prices are determined, a team of researchers concludes that earnings have a major impact and in turn, CDS prices can seriously affect the economy. When earnings drop, CDS spreads rise. ...> Full Article


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Research shows profit, not politics, drives sovereign wealth fund



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