March 21, 2025
Market for Lemons Revisited
Ted Craig
July 31, 2019
I don’t have a Noble Prize, or even a Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, but I always questioned George…
Last Images
Ted Craig
July 30, 2019
People will sometimes talk about how Willie Mays played for too long and is remembered for stumbling in the outfield. One could argue that Lee…
Why the Face, WSJ?
Ted Craig
July 29, 2019
The WSJ seems downbeat these days. Over the weekend, the paper focused on economic growth slowing. Never mind that growth exceeded expectations. Consumer confidence and…
Measure of a Firm
Ted Craig
July 26, 2019
Every public company exec worth his pay can come up with an excuse for poor performance in a quarter. AT&T execs did that this past…
Plans vs Expectations
Ted Craig
July 25, 2019
When something happens, often something bad, somebody say, “I didn’t plan for this to happen.” What you mean is you didn’t expect this to happen.…
Intervention
Ted Craig
July 23, 2019
If you watch shows like “Intervention” or “Dr. Phil,” you will have heard a mental health professional tell an addict’s’ parents that the addict needs…
How to Get There
Ted Craig
July 22, 2019
This past weekend, everybody except the New York Times celebrated the 50th anniversary of the moon landing. In 1961, Pres. Kennedy said we would put…
Take It to the Limit
Ted Craig
July 19, 2019
What do Netflix and DC Comics in the 1960s have in common with your dealership? The answer is all three sell their wares to people…
Everybody's Doing It
Ted Craig
July 18, 2019
My son will start college this fall and I'm sure that at some point, somebody who works for the college will tell him "Don't worry…
Super Heroes and SUVs
Ted Craig
July 17, 2019
When people were saying 2018 was a terrible year for movies, I disagreed. I replied with “It was great year for popcorn movies” pointing to…
