Hugh McGuire

publishing, technology, media, philosophy, a bit of politics.

Month: February, 2009

The Jackson Hole Consensus: Central Bankers & Assets

In my post about the the stock market bubble(s) of the past 15 years, I asked what kind of policy shift happened in the 1990s to allow such a significant change in stock asset valuation. The answer comes from Niall Ferguson, in this fabulous (and scary) interview in the Globe: “Monetary policy evolved in a [...]

Newspapers: It’s Not Me, It’s You (Maybe)

With all the talk of newspapers shutting down, I wonder if we might flip the traditional interpretation: Maybe the problem is not so much online news sources killing off business for print newspapers; maybe the problem is the continued existence of print newspapers is stifling innovation in the online news space. Since so much (local) [...]

Role Reversal

Check this little gem of a tectonic shift, found in Wired’s The Netbook Effect: How Cheap Little Laptops Hit the Big Time (see page 3): The Taiwanese firms, Shih argues, now have enormous clout in the PC industry. In the US, we regard branding and marketing—convincing people what to buy—as core business functions. What Asustek [...]

Value, Bubbles, S&P

Wealth ought to come from the creation of value. That is, by designing and selling a better shovel, you make it easier for farmers to dig irrigation trenches which increases their yield. With your shovel, their output goes from 100 to 200 units a year, and so you, as shovel-maker get to benefit from a [...]

Blind Spot: Chapter One

Have I ever mentioned that I wrote a novel? I finished Blind Spot in 2005, sent it out, got a stack of rejections. It’s been sitting in various formats of a drawer for years now, and I figured it was time to release it into the wild. The about goes something like this: A novel [...]

Where Is the Reader?

My write-up of Tools of Change for Publishing Conference, over at the Book Oven Blog: I’m back from TOC and still mulling over the problems, and maybe some solutions to problems in the publishing business. There are lots, but a fundamental problem seems to be that most publishing houses have never had much to do [...]

Media Hacks #2

I should have posted this a while ago, but: Mitch Joel has convened a collection of talkers for a semi-regular (bi-weekly?) discussion about what’s on our media minds. The radio show (which you can listen to on your computer) is called Media Hacks, and said hacks include: C.C. Chapman, Chris Brogan, Chris Penn, Julien Smith, [...]

Common Sense and Boring Canadian Banks

As a start-up, I’ve complained about how conservative the Canadian business culture is, especially banking and finance. But boring has it’s benefits, when things get shaky. From Newsweek: In 2008, the World Economic Forum ranked Canada’s banking system the healthiest in the world. America’s ranked 40th, Britain’s 44th. Canada has done more than survive this [...]

Canada’s Top 10 Digital Thinkers?

Who do you think are the top ten digital thinkers in Canada? The people who are writing, or doing, the most innovative digital stuff in the country? You can name as many or as few as you like.

Travel

From Superbomba’s superb flickr stream.