snewe

Impressive data on the history of debates within the Federal Reserve Board.

Perhaps Mac users are wealthier than the average Windows user? I am not so sure about the Linux differential. It would be interesting to see the differences conditional on income.

Many of these actions are a consequence of the tax code: non-profit institutions such as universities can borrow for capital projects at the municipal rate and invest at the market rate (the latter is usually higher than the former). Most university have ample endowment for these capital "improvements," but this quirk of the tax code effectively subsidized a bit too much of it.

One might argue they didn't invest -- or the company said no! -- for the same reason corporate VC is sometimes frowned upon. Taking capital from corporations with related products can scare future partners or customers. Moreover, why sell equity if you can simply sell pre-orders?

You have to believe that the (huge) growth rate is perpetual. Most firms do not grow faster than US GDP growth in the long-run.