Saturday, April 11, 2015

Game of Thrones: Can HBO Now Win at Netflix's Streaming Game? - Bloomberg Business

Game of Thrones: Can HBO Now Win at Netflix's Streaming Game? - Bloomberg Business



Streaming is particularly hard for live events. Experts point out that the Internet just wasnt built as a way to provide real-time television to millions of people. HBO’s challenge isn't quite as severe as live sports. A new episode of Game of Thrones will prompt a large proportion of users to sign on and request that one piece of content in unison. But HBO has the advantage of knowing exactly when that will happen. Unlike live events, HBO Now doesn’t have to pull a video feed in real time from, say, a television truck parked outside an arena. The company can prepare the content itself, allowing the bloody exploits of Westeros to arrive onto its servers several days before an episode premiers.
HBO has tried to make its task easier by limiting the scope of this launch. HBO Now is available only on Apple devices, reducing the number of people pinging its servers on Sunday night. That relationship with Apple also means there will be less variety in the types of devices used by viewers, removing another layer of complexity. “That’s a very common strategy,” says Don Bowman, chief technical officer of network management firm Sandvine. 

Portucel breaks ground on pellet plant in South Carolina | Biomassmagazine.com

Portucel breaks ground on pellet plant in South Carolina | Biomassmagazine.com

Thursday, April 9, 2015

The euro-zone revival: Don’t get europhoric | The Economist

The euro-zone revival: Don’t get europhoric | The Economist



 So feeble has the recovery been that euro-zone GDP in late 2014 was still 2% below its previous pre-crisis peak in early 2008. By contrast, America’s output is higher by almost 9%.

Bigotry Is Expensive - Bloomberg View

Bigotry Is Expensive - Bloomberg View



 In “The Allocation of Talent and Economic Growth,” economists Chang-Tai Hsieh and Erik Hurst of the University of Chicago Booth Business School and Charles Jones and Peter Klenow of Stanford estimate that one fifth of total growth in U.S. output per worker between 1960 and 2008 was due to a decline in discrimination. From their abstract:


Sunday, April 5, 2015

Secular Stagnation for Free by Ricardo Hausmann - Project Syndicate

Secular Stagnation for Free by Ricardo Hausmann - Project Syndicate



After all, our lives have been made dramatically more productive thanks to Google, Wikipedia, Skype, Twitter, Facebook, YouTube, Waze, Yelp, Hipmunk, Pandora, and many other companies. But all deliver their services for free, which means that the benefits they provide are not counted in GDP.
As Edward Glaeser has argued, it is hard to believe that the median family in the United States, which supposedly is worse off than in 1970, would be willing to give up its cell phones, Internet access, and new health technologies in order to return to that halcyon era. Thus, the GDP numbers must be excluding much progress.
The fact that so much innovation is given away for free does not only create a measurement problem for economists; it is also a real problem for those trying to find investment opportunities. In the good old days of the post-World War II boom, if you wanted an air conditioner, a car, or a newspaper, you had to buy one, making it possible for producers to earn money by providing them.
Information-intensive products – typical of today’s technologically advanced economies – are different. Because the cost of providing an extra copy is almost nil, it is hard to charge for them.
Broadcast radio and television were the first to confront this problem, because they could not prevent those with a receiver from getting the signal. They had to develop an advertising-based model, making it possible for others to pay for the benefits received by the consumer.

Read more at http://www.project-syndicate.org/commentary/economic-stagnation-free-products-by-ricardo-hausmann-2015-03#3vKKbFQeFmd6SJue.99

Showdown at the UAW Corral - Bloomberg View

Showdown at the UAW Corral - Bloomberg View



GM and Ford still have some of the highest hourly average wages in the U.S. industry, at $58 and $57 respectively, about $10 per hour more than nonunion workers at Honda and Toyota and about $20 per hour more than workers at Volkswagen's plant in Chattanooga, Tennessee. 



  1. Williams notes that top-tier workers have not had a raise in a decade. However, his analysis chooses not to include profit-sharing bonuses that have averaged $39,250 per worker at GM and $43,200 per worker at Ford over four years.