Aggregate Entrepreneurism


The Deeper Meaning Of Entrepreneurism

by Roger Erickson

If a collection of cells (you) can act entrepreneurially, why can"t a collection of 330 million citizens act as a team? They can? How? How often WILL they? And why not all of the time, or at least more often than we have been cooperating recently?


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What We Read Today 26 March 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

UK Promised 'Right' to Fast Internet Rings Hollow for Millions Stuck with 20th-Century Speeds

by Bianca Reisdorf and Anne-Marie Oostveen, The Conversation

In response to the government"s recent declarations that internet speeds of 100Mb/s should be available to "nearly all homes" in the UK, a great many might suggest that this is easier said than done. It would not be the first such bold claim, yet internet connections in many rural areas still languish at 20th-century speeds.


Infographic Of The Day: Brits Are MAD About Their Pets!

We all know that British people are fanatical about their pets, but are they going a bit too far?

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Video of the Day:

Cats are very inventive when they want something badly enough. Here is one example. Hat tip to Steve Griffin.

video of day picture

FOREX NEWS by DailyForex

Eurozone Business Output Improves

The latest Markit composite Purchasing Managers’ Index (PMI) for the Eurozone suggests that business output in the 19 member bloc is growing at its fastest rate for almost four years.

Safe Haven Appeal Grows on Yemen Tension

A growing crisis in Yemen has fueled concerns that the Middle East is on the verge of becoming a powder keg for geopolitical tensions which has sent investors rushing to safe haven currencies like the Japanese Yen and the Swiss Franc.

Air Strikes in Yemen Lift Oil Prices

Brent crude oil price surged $3 in Asian trading on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen. Asian importers, however, said they were not immediately worried about supply disruptions.

UK Inflation Falls To Zero

The latest set of data from the UK’s Office for National Statistics shows that prices in February, as determined by the Consumer Price Index (CPI), have remained unchanged from where they stood twelve months previously.

German IFO Gives Euro a Boost

The ECB’s quantitative easing program, which had initially kept the pressure on the Euro, seems to have provided a lift in sentiment among the Eurozone’s business community.
 more investing, markets, precious metals & forex Technical Summary 26 March 2015

 more opinion

The Fed-Wall Street Revolving Door Must Be Shut

by Seth Mason, Solidus Center

Recently, two prominent Republicans, Banking Chairman Richard Shelby of Alabama and House Financial Services Jeb Hensarling of Texas, stated that they plan to explore proposals that would roll back a long-standing provision that gives the president of the New York Federal Reserve an automatic position as vice chairman of a powerful committee that oversees Wall Street banks.


 USA economy at a glance (boxed items are updates in last 7 days)

Fed's Balance Sheet 25 March 2015 - Another Small Decline

Total Fed Balance Sheet:

Fed"s Balance Sheet week ending balance sheet was $4.441 trillion - down from the record $4.476 trillion for week ending 14 January 2015 and down from the $4.453 trillion for last week. Note that on the 29 October 2014, the Federal Reserves governing board (FOMC) stated that .....

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