Word: schmidts
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Google CEO Eric Schmidt told the Newspaper Association of America that all was not lost for its industry. Newspapers have a chance to create a new form of revenue, if only they will take...
...heart of Schmidt's proposal was using the TV business as a model. A large amount of television content is free and supported by advertising. Other content is part of basic cable, and there is some income in being part of that distribution channel. Finally, pay TV creates a wall that the consumer cannot get over unless he is willing to shell out for premium content like movies. (See pictures of Google Earth...
...nation Organization for Economic Cooperation and Development in Paris, chief economist Klaus Schmidt-Hebbel argues forcefully that governments should do more to retrain workers and overhaul their labor-market policies to ensure that once recovery comes, new jobs are created in sufficient numbers to swiftly bring the jobless rate back down again. But ask him about the German short-work measures, and he's skeptical. "They can't stop rising unemployment," he says, "they just delay it." Indeed, in its latest economic forecast released March 31, the OECD expects unemployment in Germany to rise from its current...
...recent op-ed in The New York Times by Yale chief investment officer David Swensen and his associate Michael Schmidt encouraged turning newspapers into “nonprofit, endowed institutions—like colleges and universities… [to enhance] autonomy while shielding them from the economic forces that are now tearing them down.” This is incredibly foolish, not to mention expensive: The last thing we need populating the news business is hundreds of lumbering, immortal white elephants sucking the talent out of the business of economically reporting news. Most damagingly, newspaper bailouts, endowments, and other artificial...
...best undergraduate fiction piece published in the Advocate, the College’s quarterly literary magazine. Over two dozen students and faculty members crowded into the Advocate’s sanctum for the award’s ceremony where both Begley, the author of “About Schmidt,” and English professor Louis Menand, the judge of the Begley prize, praised the merits of Hale’s short story. “This is an absolutely brilliant piece of writing, and we’ll be hearing a lot from her in the future...