Wade Ren's Public Library

Fox points out that academic belief in the perfection of financial markets survived the 1987 stock market crash and the bursting of the Internet bubble. Why should the reaction to the latest catastrophe be any different? In fact, what I hear from my finance professor friends is that there’s a lot less soul-searching under way than you might expect. And Wall Street’s appetite for complex strategies that sound clever — and can be sold to credulous investors — survived L.T.C.M.’s debacle; why can’t it survive this crisis, too?

My guess is that the myth of the rational market — a myth that is beautiful, comforting and, above all, lucrative — isn’t going away anytime soon.

But to get that tax advantage employers have to follow a number of rules; roughly speaking, they can’t discriminate based on pre-existing medical conditions or restrict benefits to highly paid employees.

And it’s thanks to these rules that employment-based insurance more or less works, at least in the sense that horror stories are a lot less common than they are in the individual insurance market.

　总体来说，感觉产品经理像吉普赛人，注定是要不停地游走。产品经理的希望和未来总是定义在下一个产品，不论是失败了从头再来，还是开创下一个辉煌，它总是那么让人期待。

　　然而相比之下，坚持延长现有产品的生命周期，把现有产品做到极致完美，却应是产品经理更负责任、更具人性化的选择。人们往往更容易做出半途而废的选择，却轻易地放弃了已有的成果，并错过了难以逾越的高度。

　　对于上述问题，个人给出如下建议和想法：
　　1、不论是选择创新新产品，还是选择现有产品的创新，创新始终是产品走向成功的一大法宝；
　　2、不论是坚持现有产品的极致完美，还是在坚持新产品的诞生之路，坚持是产品经理最重要的素质；
　　3、当你感觉面对现有产品，不能给出激动人心的后续发展规划时，或许你需要重新规划一下你的思路，创新思维方式了；
　　4、当你感觉面对现有产品，还有太多问题需要解决，面前疑云重重时，你需要明白的是你必须迈过这道坎，只有坚持，别无选择；
　　5、老产品的创新，是延长产品生命周期，使产品重生的手段，需要用足，使产品的价值最大化；
　　6、创新新产品，是一个新生命诞生的过程，创新的基因，决定了产品的生命力，要用最大的热情来对待它。（作者：周凯，转载请保留署名和出处）

On the U.S. losing its innovative edge:

The Web and Internet, and corresponding ability to categorize and search, have made knowledge within instantaneous reach. Nothing else in history compares with how we can now learn things, look things up, and communicate. It’s a great equalizer.

Ironically, just at the time we needed to accelerate to remain competitive in 2000, we elected the worst president in history. He not only focused on all the wrong things — starting wars, religious bigotry and zealotry, letting the financial system go unregulated, etc. — he cut R&D funding for science and technology.

Thanks largely to our insipid political leaders, we stalled for eight of the most important years in the past 100. The U.S. is resilient, but this is a lot to overcome. The world is pretty uniformly covered with smart people — we have no patent on that. And with the Web/Internet now enabling them to learn and grow just as rapidly as us, we are far worse off now than we were in 2000.