瞿宛文的部落格未分類
瞿宛文演講：台灣經濟發展的源起與當前困境：從李國鼎與台積電說起
李國鼎故居紀念李國鼎先生桂冠榮耀系列 敬邀8月15日來聽瞿宛文博士之午茶說書 講題：台灣經濟發展的源起與當前困境：從李國鼎與台積電說起 說書書名：瞿博士著作，包括《台灣的不成功轉型：民主化與經濟發展》、《台灣戰後經濟發展的源起：後進發展的為何與如何》、《全球化下的台灣經濟》、《超越後進發展：台灣的產業升級策略》（與Alice H. Amsden合著） 時間：2020.8.15 (六) 14:00-16:00 視頻連結： https://www.youtube.com/watch?v=Z8pV9IgS5Xk&feature=youtu.be
Lazonick: Profits Without Prosperity HBR
William Lazonick From the September 2014 Issue, Harvard Business Review https://hbr.org/2014/09/profits-without-prosperity (作者有新書：Predatory Value Extraction: How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored, William Lazonick and Jang-Sup Shin, Oxford UP, 2019) 股份回購的作用為何？在2003-2012年間，美國上市公司S&P500中449家公司，用了54%的收益(2.4兆美元)來買回其股份，幾乎全是在市場上購買，其餘37%用來分紅，剩下極少%才用來進行投資！ 在2012年，全美500個所得最高的CEO平均每人得到30.3百萬，42%來自stock options, 41% stock awards，亦即股份回購在短期內可以提升股票價格，改善EPS。 戰後至1980年代之前，美國公司對收益採取retain-reinvest做法，促進value creation而非value extraction。1970年代末開始採取降低成本、增加分紅的策略，downsize-and-distribute。0.1%所得分額增至11.3%/2012年。薪資停滯(只有1998-2000增了2%)。 Good buybacks: tender offers, a way for executives to […]
From Simon Wren-Lewis’ Blog: The left needs to campaign for social liberalism
Mainly Macro: Comment on macroeconomic issues Tuesday, 18 February 2020 The left needs to campaign for social liberalism https://mainlymacro.blogspot.com/2020/02/the-left-needs-to-campaign-for-social.html?m=1&from=timeline&isappinstalled=0 This evidence suggests two important but provocative conclusions, which for me represent tentative hypotheses rather than anything firm. First, the key division in UK society today as far as elections are concerned is the social liberal/conservative divide, […]
NYT: The Tragedy of Germany’s Energy Experiment
The country is moving beyond nuclear power. But at what cost? Jochen Bittner，Jan. 8, 2020 https://www.nytimes.com/2020/01/08/opinion/nuclear-power-germany.html?action=click&module=Opinion&pgtype=Homepage Are the Germans irrational? Steven Pinker seems to think so. Professor Pinker, a Harvard psychologist, told the German newsmagazine Der Spiegel recently that if mankind wanted to stop climate change without stopping economic growth too, the world needed more nuclear […]
贸易战20个月以来中国芯片制造产业进展
From: 深圳宁南山 宁南山 2019/11/23 https://mp.weixin.qq.com/s?__biz=MzI0Mjc2NDc2OQ==&mid=2247485371&idx=1&sn=e793cb0f70aa3ca446c23c22c258b16b&chksm=e9761935de01902349d893e27cd44b3e8ec618f74117c3ce7ad6ed16c21151fb73552024d2ba&mpshare=1&scene=1&srcid=&sharer_sharetime=1574660030823&sharer_shareid=f14234539e09a08e77a9206f4cc494e3&pass_ticket=d8ght5GWUw00BFCemirLcbkVsIIw49hyM%2Fx%2BsqJuE%2F50X%2FAjg1trc8teHufnXQUJ#rd