Barron’s had crowed that there “has never been a President with a fundamental understanding of economics better” than Hoover’s, yet the stock market crash of 1929 and the onset of the Great Depression were so severe that Hoover had little scope for action. His bad fortune provided the impetus for the turn to Roosevelt, which to
Barron’s dismay would last a generation, including eight years of Harry Truman and his “big-government boys.”
But the pendulum would eventually swing back, and American politics since then has been characterized by fairly rapid swings between the extremes of laissez-faire on the right and big government on the left.
Until now. This past week, Apple announced three new Macs that jettison Intel processors in favor of Apple’s own in-house designed chips. Apple touted the move as a sign of innovation. For Intel, it was symbolic of the company’s gradual decline. The company’s road map no longer leads the industry. In fact, industry insiders and analysts say its manufacturing process is at least two years behind
Taiwan Semiconductor Manufacturing (TSM), the world’s largest maker of semiconductors. The company makes chips for many of Intel’s rivals, including Advanced Micro Devices (AMD) and
Nvidia (NVDA), which design but don’t fabricate chips. The so-called fabless model has become the preferred approach for investors, who no longer see much value in Intel’s soup-to-nuts model.
https://www.wsj.com/articles/welcome-to-the-fake-office-commute-turns-out-people-miss-the-routine-11610383617 Holly Hein, who lives in Portland, Ore., walks around the block mornings before work to pretend she is ‘commuting.’ Elizabeth Turgeon Welcome to the Fake Office Commute (Turns Out People Miss the Routine) Driving downtown for coffee. Walking around the block. Dedicated reading time. People are trying ways to mark the start and end of the work day; ‘There needs to be a contrast’ Holly Hein, who lives in Portland, Ore., walks around the block mornings before work to pretend she is ‘commuting.’ Elizabeth Turgeon By Jan. 11, 2021 11:46 am ET
For more than a decade, Holly Hein rode the #10 bus 45 minutes to her administrative job at Portland State University in Oregon. She would plop onto her usual spot at the back of the bus and “space out” with a book. At close of business, she would repeat the ri