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...document." If you wanted to embed some piece of information that Microsoft Word wasn't optimized for, you had to launch another application, create and modify a new element there, and then move back to your original application environment, where you could deposit the alien data object. A number of proposed interfaces - most famously, Apple's failed OpenDoc initiative, shut down shortly after the company acquired NeXT - promised to reverse the priorities: our desktops would prioritize the tasks over the tools, the documents over the applications. The user wouldn't launch documents inside an application. They'd just create...
Speaking of said camera - yes, I was disappointed that the iPad did not launch with one. But I think there's a very good case that it was worth it to ditch the camera to get to the $499 price point. The value of that number shouldn't be underestimated; everyone loves to bash Apple for its pricing hubris (particularly on hyped products like the iPad where you know they could effectively price it like an Aston Martin for the first month and still have lines at the Apple Store). But among all the complaints about the iPad launch...
...should Washington be doing? We need to do something about firms that are too big to fail. These firms have become loss transmitters and accelerators to the rest of the system. We need to distribute the risk, not concentrate it in a few very large players. There are a number of ways to do that...
...positive for the free markets. We want a system where firms are able to take risks, but we have to protect ourselves from the risks eating us alive, which can happen when the risks are concentrated in just a few banks. Breakups would distribute risk over a greater number of players and would probably be good for the banks as well. Most financial firms are trading at very low multiples these days because of their inherent trading and balance-sheet risks. Most investors just can't understand them. They are too much like black boxes. Once you lessen the risk...
Boasting a number of famed director Peter Bogdanovich’s most beloved movies, including “Paper Moon,” “The Last Picture Show,” and “What’s Up Doc?,” the Harvard Film Archive’s (HFA) newest series, entitled “Peter Bogdanovich, Between Old and New Hollywood,” explores the director’s penchant for classic Hollywood style. The festival, which began on January 29th and will continue until February 8th, also delves into some...