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...Divestment campaigns advocate the sale of shares in companies that support atrocities. Proponents of Darfur divestment argue that such “financial pressure” on companies that support the Sudanese government can help alter its political stances. While divestment is similar to traditional boycotting of products, classic economic theory predicts that it will have absolutely no effect. Unlike goods and services, whose prices can be affected by changes in demand, the price of a financial asset is determined by its expected returns. If a firm forgoes a profitable investment, then another firm will take advantage of that investment...

Author: By Daniel P. Robinson | Title: Forget About Divestment | 12/17/2007 | See Source »

...Jaguar dealers said they opposed the possibility that Ford, Jaguar's owner, might sell the British luxury car brand to an Indian firm. Two of the three firms that Ford has shortlisted as potential purchasers are Indian: Mahindra & Mahindra and Tata Motors. The dealers said that the sale to an Indian company would hurt Jaguar's image. "I don't believe the U.S. public is ready for ownership out of India of a luxury car make," Ken Gorin, chairman of the Jaguar Business Operations Council, told the Wall Street Journal. "And I believe it would severely throw a tremendous cast...

Author: /time Magazine | Title: Is India Bad for Jaguar? | 12/14/2007 | See Source »

...with DRM aren’t mentioned: First, it ties the purchased content forever to the device which “reads” it, and second, it prohibits “fair use,” or the limited legal usage of copyrighted works, and undermines the first sale doctrine...

Author: By G. parker Higgins | Title: When Judging Amazon’s Kindle, DRM Is Crucial | 12/14/2007 | See Source »

...power of pen over sword. But amid a revived debate over the meaning of due process in the age of terrorism, the Perot Foundation decided it wanted more money to spend on its signature causes, particularly the care of wounded soldiers, and put the document up for sale...

Author: /time Magazine | Title: One of a Kind | 12/13/2007 | See Source »

...longer have children to raise or educate, our medical insurance is adequate, and we do take advantage of the elderly tax credit. Obama has proposed eliminating income taxes for senior citizens at our income level. I surely hope that he does not believe our votes are for sale. Patricia Gershon, LAVERNE, CALIF...

Author: /time Magazine | Title: Inbox | 12/13/2007 | See Source »

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