The Economy, The Markets, Obama’s Climate Change speech and Idealab: A Podcast

I recently did a broadcast on the Hays Advantage reviewing the turmoil in the marketplace, tying it back to our outlook of last November. We also spent some time on Obama’s speech and introduction of some new regs on Climate Change. I pointed out that we need to do something as we are falling behind technologically what is happening in Germany, Japan and, to some extent, in China. I wrote about what Germany is doing a couple of years ago.  I think we would all agree that regulations have a place, but it is not the best way to deal with this issue. At some point we need to have an explicit Carbon price which allows for economic decisions within a broad framework of rules.

Kathleen Hays had visited Idealab two weeks before and we had a chance to talk about innovation and the process there as well. You might find the 20 minute podcast interesting.