September 2011
Monday, 19 September 2011
It’s the Economy, Dummkopf!
Vanity Fair: “For better or for worse, the Germans now own Europe.”
Monday, 5 September 2011
Academic bias & biotech failures
Life Sci VC: “Although many TTOs are keen to start “seed funds” to spin-out new companies, this seems like a waste to me. I’d argue that the best use of these academic “seed” funds would be to validate the findings of an investigator’s work in a reputable contract research lab that industrial partners and VCs would trust.”
Sunday, 4 September 2011
Goodbye to All That
Mike Lofgren: “It remains a fact that outsourcing jobs overseas, while insourcing sub-minimum wage immigrant labor, will exert downward pressure on US wages. The consequence will be popular anger, and failure to address that anger will result in a downward wage spiral and a breech of the social compact, not to mention a rise in nativism and other reactionary impulses. It does no good to claim that these economic consequences are an inevitable result of globalization; Germany has somehow managed to maintain a high-wage economy and a vigorous industrial base.”