The Times interviews Google’s Eric Schmidt
This is a hugely interesting interview with the CEO of Google Eric Schmidt. The questions and issues covered range from the future of cloud computing, the decline of traditional print media through to the challenge of maintaining an innovative momentum in an organisation that now employs over 20,000 people.
“So we have 20 per cent time for example, which means that engineers can spend roughly one day a week working on things they find interesting. We let people create start-ups within Google—Wave, Android and Chrome are some examples of the company within a company model.
This link takes you to the rest of the interview
Google Wave - Next Steps on Collaborative Learning?
Rory Cellan-Jones reports from Google HQ in London on the development of Google Wave - a tool “that really needs s network effect for it to take-off.” Google Wave combines email and instant messages, enabling several users to edit documents in real time online. Google markets Wave as a combination between conversation and a document where people can discuss and work together using richly formatted text, photos, videos, maps, and more. What e-learning possibilities are there here for economics students and teachers?
How to start the next Google or Facebook
Victor Seidel, Fellow of Trinity College, Oxford is speaking at our Management Society on Wednesday evening - if any colleague would like to come along they are more than welcome. The meeting starts at 8-45pm in Upper School, Eton and lasts for an hour.
A reminder too that Chris Coleridge, the founder of V-Water .... a business that is operating in an increasingly competitive market space with the likes of Vitamin Water and Juice Doctor - is speaking at our Entrepreneurship Society on Thursday night - again starting at 8-45pm. Teaching colleagues and their students are welcome.
Browser Wars!
Over the summer, it seems that the browser wars have intensified, and Microsoft’s Internet Explorer’s virtual monopoly has its days numbered. Earlier this year, Google brought out its Chrome browser, to rival Microsoft’s Internet Explorer, and today it was announced that Google have signed a deal to get it in to Sony PCs.
Economics Snapshot - Google draws away from Microsoft and Yahoo
This BBC report discusses a deal announced between Microsoft and Yahoo.
“Microsoft’s Bing search engine will power the Yahoo website and Yahoo will in turn become the advertising sales team for Microsoft’s online offering”
This is an attempt to compete head on with the growing market dominance of Google in search engine queries but as the chart above shows there is a clear divergence between the market share of Google and the combined market share of Microsoft and Yahoo.
Microsoft and Yahoo’s combined share of U.S. search queries was 28% in June, down from 30% a year ago, according to comScore.
Windows for a new generation?
It seems that Joseph Schumpeter’s process of creative destruction is still going full throttle ahead, with Google’s announcement this week of a operating system (Chrome OS) to rival Microsoft’s dominance through Windows.
read more...»Public Good-le
For those of you who wish to discuss whether consumption via the Internet has public good features, here’s a good example
read more...»And another thing
Rory Cellan-Jones has a superb blog covering some of his work as the BBC’s technology correspondent.
read more...»You Tube’s Losses
Is there a better daily source of insight and cracker-jack examples to use in the classroom than the Lex column in the Financial Times? One of today’s pieces focused on Google - described as a one-trick pony - and also the loss-making You Tube. You can dominate a market and be regarded as a huge success - but make eye wateringly large losses at the same time.
Standing on the shoulders of giants
It strikes me that we have probably already reached a critical mass for a wide and ever-growing range of open source software products. The BBC’s iPlayer is now cross-platform. Google is based almost entirely on open source software. And Specsavers, one of Britain’s largest private companies with a network of over 1,000 stores (growing at two a week) has built its entire infrastructure on open source. What is true for Specsavers also holds for Pepsi Co and Pixar. Mozilla Firefox, Linux, Moodle and Apache web servers have come of age and are sympotmatic of an age of collaborration and rapid innovation within the open source community.
Most Popular Topic Tags on the Economics Blog
recession, demand, economics, unemployment, price, prices, inflation, investment, costs, profit, downturn, trade, supply, debt, confidence, euro, gdp, competition, employment, capacity, production, risk, china, oil, incentives, exports, housing, expectations, pay, manufacturing, sterling, food, profits, property, tutor2u, mortgage, globalisation, banks, revision, slowdown, borrowing, usa, retailers, emissions, airlines, deflation, innovation, dollar, supermarkets, entrepreneur, efficiency, monopsony, elasticity, aqa, welfare, consumption, economist, productivity, saving, keynes, wealth, opec, depression, moodle, depreciation, jobs, competitiveness, credit crunch, cars, google, stocks, infrastructure, economic cycle, environmental, strategy, tim harford, externalities, carbon, vle, subsidy, evaluation, eu, management, losses, protectionism, inequality, spare capacity, environment, poverty, monopoly, bank of england, construction, behavioural, macroeconomics, output gap, carbon trading, budget deficit, steel, wages, japan, oligopoly, commodities, currencies, imports, bbc, stagflation, contestable, cpi, agflation, farming, newsnight, choices, skills, regulation, survey, taxes, government failure, itunes, minimum wage, lse, climate change, paul mason, population, intervention, aviation, keynes society, fiscal stimulus, amazon, single market, pricing, dan ariely, cartel, eton college, pollution, interest rates, shareholder, london, rationality, market failure, redundancies, rpi, mpc, shipping, behavioural economics, germany, robert peston, india, reputation, rsa, facebook, income elasticity, stakeholders, current account, brazil, coffee, savings, microsoft, monetary policy, crowding out, barriers to entry, collapse, multiplier effect, nationalisation, suppliers, economies of scale, price discrimination, uk economy, development, quiz, currency, quantitative easing, apple, surplus, labour market, tesco, free, behaviour, tragedy of the commons, opportunity cost, open source, vat, smoking, ireland, poverty trap, merger, growth, edinburgh, ownership, discrimination, cost benefit analysis, global, supply chain, oecd, shareholders, scarcity, balance of payments, petrol, liquidity, duopoly, iphone, starbucks, trade deficit, happiness, scrappage, etonomics, human capital, subsidies, capital, immigration, eurozone, takeover, ecb, paradox of thrift, exploitation, advertising, taxation, wiki, iceland, utility, wants, labour force survey, cost of living, brand, blog, speculation, poland, foreign exchange, spain, indirect tax, robert frank, northern rock, roger bootle, ocr economics, heathrow, hbos, animal spirits, hotels, freight, federal reserve, kaletsky, price war, information failure, crude oil, transport, gini coefficient, sony, creative destruction, leverage, migrants, us economy, information, fishing, waste, tax, government borrowing, milk, budget, eu enlargement, obama, anchoring, aggregate demand, entrepreneurship society, peter day, recovery, needs, internet, forecast, european union, discounting, copper, deficit, real income, public sector, nissan, contestability, companies, david smith, fairness, blogging, standard of living, aqa economics, renewable, martin wolf, labour mobility, twitter, sentiment, imf, accelerator effect, geoff riley, collusion, fair trade, pubs, income tax, obesity, guardian, consumer welfare, res, disposable income, corus, national debt, devaluation, consumer surplus, vacancies, sub-prime, tariff, global economy, broadband, joint venture, startups, vehicles, yuan, immobility, income elasticity of demand, edexcel economics, tata, redundancy, accelerator, walmart, relative poverty, youth unemployment, coal, tickets, edmund conway, cash, pensions, diesel, base rate, russia, movies, liquidity trap, contestable market, marginal cost, external shocks, stephanie flanders, libor, fixed costs, comparative advantage, allocative efficiency, training, satisficing, hot money, rory cellan-jones, status races, congestion, price mechanism, healthcare, deleveraging, hyperinflation, economic efficiency, migration, veblen goods, credit, social entrepreneur, apprenticeships, automatic stabilisers, age structure, cyclical, king of shaves, monopoly power, financial times, evan davis, wheat, ucas, reserve currency, ryanair, positional goods, drugs, aldi, scotland, carbon tax, stimulus, deindustrialisation, ebea, chris coleridge, yahoo, organic growth, barclays, richard thaler, pay cuts, liberalisation, equity, royal mail, diseconomies of scale, will king, pension, demography, structural, gillette, logging, tax burden, bonds, savings ratio, job losses, ocr, nhs, biofuel, nelson thornes, house prices, cross elasticity, brics, redistribution, slump, markets, footfall, british airways, paul krugman, schumpeter, price capping, green revolution, income distribution, enterprise, the economist, eastern europe, logic of life, ft, contraction, general motors, natural monopoly, health, supply-side, research, o2, deforestation, enlargement, producer welfare, economic welfare, asda, landfill, social costs, economax, energy, long tail, jim o'neill, diane coyle, external shock, profit margin, podcast, share prices, tariffs, philip allan, hedge fund, students, fiscal drag, green shoots, ftse, elasticity of supply, buy to let, market power, disincentives, ben bernanke, trend growth, resources, retailing, declan curry, nokia, undercover economist, hysteresis, price fixing, chris anderson, bric economies, dynamic efficiency, zimbabwe, hamish mcrae, toyota, market structure, global business, john kay, fiscal policy, winners curse, compound interest, contestable markets, frictional, hedging, claimant count, repossession, royal economic society, sustainability, public good, law of unintended consequences, sustainable growth, cambridge, robert skidelsky, vertical integration, economics teacher inset, probability, business cycle, fairtrade, freemium, yields, national institute, nairu, costa, rentokil, price regulation, market, gender pay gap, radio, central bank,All tags
ECONOMICS TEACHER RESOURCE NEWSLETTER
Join over 4,000 other Economics Teachers in the UK and around the world who receive the tutor2u Economics Resource Email newsletter. Get special offers, first news of latest resources, teaching ideas, conferences and workshops.
Recent Threads on the Economics Teacher Discussion Forums:
Posts in: General Economics Teaching
Shifts in the Labour Market
Good hotel in London for school trip
Competitive Markets
Diminishing Returns
Complementary goods - HELP Please!
URgent Help Needed
Equilibrium concept
The price of life
Extended Project Qualification
Economics course structure











