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Cash or Credit – Update

We have been discussing the movement away from cash and towards credit-only transactions through a series of blogs. Recently, the New York Post reported that Amazon is working on a payment system that will eliminate the need to hand over cash or a credit card.  You’ll just have to hand over your hand.  Amazon is […]

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“Tommy”

“Tommy” is the title of an 1890 poem by Rudyard Kipling, written from the point of view of a soldier, and contrasts the treatment they receive from the general public during peace and during war.  Tommy is generic slang for a common British soldier and is roughly equivalent to the U.S.’s G.I. or G.I. Joe. […]

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It’s The Economy, Stupid

No, this is not about politics, although the original phrase was coined by James Carville in 1992 in connection with President Clinton’s successful 1992 presidential campaign.  According to Wikipedia, the original phrase was, “The economy, stupid”, but is often mistakenly rendered as, “It’s the economy, stupid.” Obviously, the state of the economy and the outlook […]

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One Man, One Vote, One Time

The concept of one man, one vote is a slogan used by advocates of political equality through various electoral reforms.  This concept has wide acceptance in developed and many developing countries. The addition of “one time” to the slogan stems from situations where elections were held successfully with a minimum of corruption and violence, but […]

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Has Retailing Become A Zero Sum Game?

Looking at recent earnings reports from the country’s major retailers, it is apparent that some have been very successful, handily beating expectations, while several have reported disappointing results and provided reduced guidance, with surprisingly few in between.  Has retailing devolved into success based on grabbing market share?  To some extent, this may be the case.  […]

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Reversion to the Mean – A Reminder

Reversion to the mean is not a new concept and we most recently discussed the principle in a blog, Reversion to the Mean, posted on 11/1/2017.  With the popular averages up some 30% in 2019 it might seem logical to expect a sharp reduction in the near future.  This may occur, but it is important […]

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