Thursday, December 28, 2006

Welcome to my new blog!

I would like to use this a blog as a place to share opinions about these subjects:

Internet Business
What I see and predict regarding problems and opportunities. The huge problem of spam in all its forms threatens legitimate uses of the technology. Search engine optimization (SEO) techniques try to game the search engines to gain competitive advantage in the results pages, but may not add any value for the users. The internet’s low barriers to entry make for many risks and opportunities. Whole new ways of doing business are appearing before our eyes.

Business, Finance, Economics and Society
The changes we are experiencing in the U.S.A. affecting us all. Better communication and transportation have opened once secure industries to global competition. Our role in the global economy needs to adapt to changing times. Allocation of land, labor, and capital is always the concern of economists. Joseph Schumpeter’s creative destruction is a necessary but difficult process as our economy adapts to changes.
Excessive executive compensation at large public corporations reflects a failure of the board of directors to protect the owners (stockholders).
Ethical lapses like those that happened at World Com and Enron - why did they happen and what can we do?
The demographic changes in our population are no secret, yet our government leaders cannot make the hard choices.
Health care costs are out of control. Who should pay: government, employers, or consumers?
How should we deal with illegal immigration?

I will be addressing these issues in future installments. If you want to share your opinions on any of these or other related subjects, please feel free to submit your comments.

Tim Callison
www.tcallison.com