Barron’s picks up Unemployment Rate: Worse than it Appears



Yesterday’s comments, Unemployment Rate: Worse than it Appears, was picked up by Barron’s.

I have to admit that I like their title, "The Incredible Shrinking Labor Pool," much better than my own pedstrian effort (much catchier than mine).


The Incredible Shrinking Labor Pool
Barron’s TUESDAY, FEBRUARY 8, 2005 12:00 p.m. EST

Category: Economy

Debate on Downloading

My friend Cody Willard is a hedge fund manager, focused on telecom and technology. He and I had an interesting public debate yesterday, on P2P, downloading and the music industry.

This was originally published on the (subscription only), but is reproduced here with permission. It got enough positive feedback that I thought Big Picture readers might find it intriguing. For your reading pleasure, Me vs. Cody. Enjoy!


Cody WIllard  :   Piracy
Steals Music Companies’ Thunder

2/7/2005 1:23

The effects of piracy on the economy and the world are just getting started.
Music company EMI told investors today that it would miss sales
projections for the year by about 9%. Trading in England, the stock took a huge
hit on the news, wiping out billions of dollars of value.

Music content sales such as records, tapes and CDs have long trended with the
broader economies. With global economies steadily growing the last couple of
years, the music business should have been on fire. Alas, that is not the case,
and the single biggest reason is piracy.


Read More

Category: Finance, Music


Category: Economy, Politics

VOTE: Best Financial Industry/Investment Blog

Category: Weblogs

Unemployment Rate: Worse than it Appears

Category: Economy, Markets

Chart of the Week: 10 Best Performing Dow Sectors

Category: Commodities, Economy, Markets

RIAA sues deceased non-PC owner

Category: Music

Yaii! Yet Another Idiotic Indicator

Category: Markets

Misunderstanding Unemployment Data

Category: Economy

Lost Jobs Found: Elapsed Time, 46 Months

Category: Economy