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Amazon: the new Montgomery Ward Amazon (let's be honest) is a company in trouble. Oh, its financials are fine. It's profitable, even. It's growing. By all normal metrics, it's not in trouble at all. But common sense says the shit's about to hit the fan. Amazon is on a collision course with destiny—the destiny of all companies who ever tried to do too much (Kmart, Federated Dept.
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"The reason economists have trouble with the idea of rampant [gender] pay discrimination is that it defies common sense. Let's say I own a company and I am employing only men. Is it really true that I could fire all the men, replace... Read Post

U.S. drug companies often create miracle drugs and they deserve to be rewarded, but we must not let drug companies' financial needs overtake common sense. Read Post

Small companies that are growing fast often can’t expand their computing infrastructure to keep up. Amazon is announced a test version today of its Amazon Virtual Private Cloud service to let those companies tap into a much bigger c... Read Post