Intelligence has a diminished bearing on economic prosperity. Employers are shedding workers by the price-tag regardless of merit, experience, or potential. If business revenues fall off a cliff the first instinct is survival, not productivity. This opens the door to a renewed emphasis on “Creativity,” which implies less investment in goods, and more emphasis on making something from nothing. Call it “Doing.” In our new economy either you do something that resonates, or you don’t.

In the past the broker myth was to reinforce the top talent of a particular vertical, this agent has the music, this one the real-estate. Currently it’s the recipe, the mix

Sometimes the answer is so simple it’s hard to see. NBCU buys the Weather folks for $3.2bn, here I am thinking it’s for the traffic and tie-ins. Zip codes!

Mediaweek’s follow-up notes on the Google’s “ad planner” points out what we expected, that it’s geared for the small and mid-sized clients who have modest budgets and expect to do much of the work on their own.

I didn’t go to biz school, I learned the business-building ropes through gigs in retail (Strand Books) and technology (Fortunecity.com). Both were totally different in structure and revenue model. At the Strand, the owner Fred would stand behind the counter and say “it could be fish.” He sold enough goods at a decent price to [...]

I admire David Leonhardt’s economic piece today Can’t Grasp Credit Crisis, but can’t help feel that he wanted to expand, maybe even rant (or was it I that wanted to rant?), on one line in there…
SNIP: This is called a bailout, and there is no doubt that giving a handout to Wall Street lenders or [...]

I spotted an illustration of this undertone trend within the NYTimes article on the DUMBO (Brooklyn, NYC) neighborhood developer/owner Two Trees. it might be a little bit of a reach, but it’s still worth noting.
Reading between the lines, the article plants a flag, marking an interesting trend, the two-year cycle as a structure to plan, [...]

$2.4 Billion for Getty, nice work. The reports don’t list how much of that fee is going to pay down debt posted at Media Bistro note “the purchase price will be split about equally between equity and debt“. Wowzers! That’s $1.2 Billion in debt! Is it that Getty borrowed huge sums to gain market share? [...]