The Unz Review: An Alternative Media Selection
A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
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From the NYT:The rise of the theory of shareholder value has been good for shareholders. On August 12, 1982, thirty years ago tomorrow, the Dow Jones Average stood at 776. On August 12, 2012, it stands at 13,208. Most of the attention in public discussions of the increase in profitability of big corporations over those 30... Read More
My new column in Taki's Magazine:Isn't the name "Terman" familiar for something else?Read the whole thing there. My old articles are archived at -- Steve Sailer
From the Washington Post:Other recent
For 20 years, you've always heard about how horrible Japan's economy is. In 2008 you heard over and over about how the worst thing that could happen to America is a Japanese-style Lost Decade. It always sounds like Godzilla, or maybe the B-29s, have come back. And yet, Japan doesn't actually seem to be a post-apocalyptic... Read More
Much of the progress in improved efficiency in the last 50 years has come from reducing inventory. Holding inventory is expensive. You can't earn interest or dividends on goods you own. Plus, you have to pay to store it, keep track of it, find it, etc.The Just-in-Time manufacturing process made famous by Toyota focuses on... Read More
One of the great accomplishments of the business world in recent decades has been to make the supply chain leaner, whether Toyota's just-in-time parts delivery system or Wal-Mart's minimization of inventory.Retailers, in particular, have become vastly more efficient, greatly lowering the mark-up. If you pay $100 to a manufacturer on January 1, but the merchandise... Read More
I never have any money-making ideas, but here's a vague concept that somebody might be able to profitably apply.One reason cell phones are so popular around the world is because, unlike old-fashioned land line technology, they don't require the kind of disinterested organizational ability that Northwest Europeans and Northeast Asians have but that almost nobody... Read More
From Mahalanobis on energy trader genius Brian Hunter, who lost $6 billion betting on natural gas for Amaranth: As he lost $6B, one would think that is punishment enough, but he does seem to be getting away with murder, in that he put on a really large calendar spread on oil, bet big and personally... Read More
Steve Sailer
About Steve Sailer

Steve Sailer is a journalist, movie critic for Taki's Magazine, columnist, and founder of the Human Biodiversity discussion group for top scientists and public intellectuals.

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