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What’s That You’re Calling a Bubble?

Harvard Business Review

And the definitions that do get offered can vary pretty dramatically. But he’s way off base when he implies that this is a widely accepted definition of “bubble.” They’ve also characterized the San Francisco Bay area’s real estate market over a far longer period. Everyone can agree on this definition, right?

Price 8
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Where Are All the Self-Employed Workers?

Harvard Business Review

One has to do with definitions — the BLS standard for self-employment isn’t the only valid one. First, the definitions. million in 2013, up from 16 million two years before. Mom & pop stores, definitely, but also some other very large categories that may not immediately spring to mind. Why is this?

MBO 10
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Why We Build Fiscal Cliffs

Harvard Business Review

So now, in 2013, they're all due to expire. This product of the debt limit battle of 2011 set up a bipartisan "super committee" of legislators charged with coming up with a deal to the reduce the deficit, with $100 billion or so in Gramm-Rudman-style sequestration to follow in 2013 if the super committee failed (which it of course did).