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	<title>Gabriel's scarcity rent - it's management stupid! &#187; Politics</title>
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	<description>Digressive thoughts from an engineer &#38; economist going for an MBA ;)</description>
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		<title>Gabriel's scarcity rent - it's management stupid! &#187; Politics</title>
		<link>http://scarcityrent.com</link>
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		<title>And we are no longer asking &#8220;why&#8221; to the crisis</title>
		<link>http://scarcityrent.com/2011/04/11/and-we-are-no-longer-asking-why-to-the-crisis/</link>
		<comments>http://scarcityrent.com/2011/04/11/and-we-are-no-longer-asking-why-to-the-crisis/#comments</comments>
		<pubDate>Mon, 11 Apr 2011 05:20:47 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Microeconomy]]></category>
		<category><![CDATA[Politics]]></category>
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		<guid isPermaLink="false">http://scarcityrent.com/?p=598</guid>
		<description><![CDATA[It&#8217;s amazing how we tend to forget. Not so long ago some people were still being blamed, bankers mostly, the beheaded god Alan Greenspan, some professional confidence man (aka con) Bernie Madoff, and a few more, but except for the latter that has even seen the disgrace in its own family, the former have gone [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=598&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2011/04/11/and-we-are-no-longer-asking-why-to-the-crisis/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
	
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		<item>
		<title>From Germany to Spain by train (the Eyjafjallajökull volcano and a &#8220;laisser-passer&#8221;)</title>
		<link>http://scarcityrent.com/2010/04/21/from-germany-to-spain-by-train-the-eyjafjallajokull-volcano-and-a-laisser-passer/</link>
		<comments>http://scarcityrent.com/2010/04/21/from-germany-to-spain-by-train-the-eyjafjallajokull-volcano-and-a-laisser-passer/#comments</comments>
		<pubDate>Wed, 21 Apr 2010 14:09:51 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Personal]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Thoughts]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=580</guid>
		<description><![CDATA[Yes, I was one of those people stranded around Europe thanks to a cloud of ashes that no one could see but make brighter reds at sunset. My journey was a 42-hour journey through Europe&#8217;s interconnected railway connections, but also an eye-opener on the frailty of globalisation and a living proof that the railway systems [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=580&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2010/04/21/from-germany-to-spain-by-train-the-eyjafjallajokull-volcano-and-a-laisser-passer/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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		<item>
		<title>A weekend in Cologne (Köln) and some bits of European construction</title>
		<link>http://scarcityrent.com/2009/05/25/a-weekend-in-cologne-koln-and-some-bits-of-european-construction/</link>
		<comments>http://scarcityrent.com/2009/05/25/a-weekend-in-cologne-koln-and-some-bits-of-european-construction/#comments</comments>
		<pubDate>Mon, 25 May 2009 09:29:33 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Personal]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Spain]]></category>
		<category><![CDATA[Thoughts]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=520</guid>
		<description><![CDATA[I&#8217;ve been this weekend in Cologne, an amazingly thriving city on the Rhine born about 50BC as a Roman outpost. A city that grew in the industrial revolution thanks to the enterprisingness of its inhabitants that strategically used their proximity to the coal of the Ruhr region. Catholics, in 1248 they began the construction of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=520&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/05/25/a-weekend-in-cologne-koln-and-some-bits-of-european-construction/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
	
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			<media:title type="html">23052009070</media:title>
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		<item>
		<title>Green shoots, maybe, but don&#8217;t expect flowers</title>
		<link>http://scarcityrent.com/2009/05/18/green-shoots-maybe-but-dont-expect-flowers/</link>
		<comments>http://scarcityrent.com/2009/05/18/green-shoots-maybe-but-dont-expect-flowers/#comments</comments>
		<pubDate>Mon, 18 May 2009 11:44:31 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Thoughts]]></category>

		<guid isPermaLink="false">http://scarcityrent.com/?p=517</guid>
		<description><![CDATA[I&#8217;m increasingly growing wary, or even tiresome, of anyone that talks about green shoots. Yes, put a lot of fertiliser over a bed of rocks and something will grow on that. Mostly weeds. After all, weeds are green, but they don&#8217;t make nice flowers. After pouring so many fertiliser taken from the forced lenders throughout the world [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=517&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2009/05/18/green-shoots-maybe-but-dont-expect-flowers/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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		<title>Crowding out time (more wood from the forced lenders)</title>
		<link>http://scarcityrent.com/2008/12/10/crowding-out-time-more-wood-from-the-forced-lenders/</link>
		<comments>http://scarcityrent.com/2008/12/10/crowding-out-time-more-wood-from-the-forced-lenders/#comments</comments>
		<pubDate>Wed, 10 Dec 2008 13:00:40 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
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		<category><![CDATA[MBA]]></category>
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		<guid isPermaLink="false">http://scarcityrent.com/?p=446</guid>
		<description><![CDATA[Yes, right now the governments are pouring a lot of money into the system. Is it working? Can it work? Ain&#8217;t we trying to extinguish this fire the same way it started? A well known effect in macroeconomics is the multiplicator accelerator model: there is a multiplicative effect when new investments are introduced in the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=446&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/12/10/crowding-out-time-more-wood-from-the-forced-lenders/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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		<title>Hallowed are the American taxpayers&#8230;</title>
		<link>http://scarcityrent.com/2008/09/22/hallowed-are-the-american-taxpayers/</link>
		<comments>http://scarcityrent.com/2008/09/22/hallowed-are-the-american-taxpayers/#comments</comments>
		<pubDate>Mon, 22 Sep 2008 11:16:23 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Politics]]></category>
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		<guid isPermaLink="false">http://gabrielbcn.wordpress.com/?p=422</guid>
		<description><![CDATA[Hallowed are the American taxpayers as they are the ones that will pay this huge bill, Hallowed is the American Treasury as it will acquire junk assets in the name of the Americans, Hallowed are the international creditors cos they will get increased risk premiums from a riskier debt, Hallowed are the Feds pushing forward [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=422&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/09/22/hallowed-are-the-american-taxpayers/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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		<title>Freddie Mac and Fannie Mae (Houston we&#8217;ve got a problem)</title>
		<link>http://scarcityrent.com/2008/09/09/freddie-mac-and-fannie-mae-houston-weve-got-a-problem/</link>
		<comments>http://scarcityrent.com/2008/09/09/freddie-mac-and-fannie-mae-houston-weve-got-a-problem/#comments</comments>
		<pubDate>Tue, 09 Sep 2008 09:45:08 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Macroeconomy]]></category>
		<category><![CDATA[MBA]]></category>
		<category><![CDATA[Politics]]></category>

		<guid isPermaLink="false">http://gabrielbcn.wordpress.com/?p=408</guid>
		<description><![CDATA[Even the most important (and supposedly liberal) economy in the world has its contradictions. And in this continuous deleveraging process that it&#8217;s suffering two huge pieces have fallen. Well, in fact, they have not fallen but been saved by the bell, at the last minute, by the American taxpayers. Or maybe not? Let&#8217;s go step [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=408&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2008/09/09/freddie-mac-and-fannie-mae-houston-weve-got-a-problem/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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			<media:title type="html">debt</media:title>
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		<title>Why is the cost of food skyrocketing? (think twice before assuming we&#8217;re more hungry)</title>
		<link>http://scarcityrent.com/2008/01/14/why-is-the-cost-of-food-skyrocketing-think-twice-before-assuming-were-more-hungry/</link>
		<comments>http://scarcityrent.com/2008/01/14/why-is-the-cost-of-food-skyrocketing-think-twice-before-assuming-were-more-hungry/#comments</comments>
		<pubDate>Mon, 14 Jan 2008 12:33:14 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Economics]]></category>
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		<guid isPermaLink="false">http://scarcityrent.com/2008/01/14/why-is-the-cost-of-food-skyrocketing-think-twice-before-assuming-were-more-hungry/</guid>
		<description><![CDATA[I&#8217;ve been having a conversation about food prices. It&#8217;s a fact that they have skyrocketed lately, and they don&#8217;t look like they&#8217;re going to go down soon. Why is that? The first reason is, of course, that now we are more people eating. I personally haven&#8217;t changed my eating habits, but a lot of Chinese, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=302&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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		<item>
		<title>Maximising shareholder value (a mantra that is half a lie)</title>
		<link>http://scarcityrent.com/2007/09/18/maximising-shareholder-value-a-mantra-that-is-half-a-lie/</link>
		<comments>http://scarcityrent.com/2007/09/18/maximising-shareholder-value-a-mantra-that-is-half-a-lie/#comments</comments>
		<pubDate>Tue, 18 Sep 2007 20:13:27 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
		<category><![CDATA[Henley]]></category>
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		<guid isPermaLink="false">http://scarcityrent.com/2007/09/18/maximising-shareholder-value-a-mantra-that-is-half-a-lie/</guid>
		<description><![CDATA[The main goal of a company is to maximise shareholder value. If you write something like this just a few will disagree. But the fact is that this commonly accepted truth (&#8220;commonly accepted&#8221; should be disqualifying enough for something to be called truth) contains a great deal of ideology and political positioning. Should we question [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=251&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://scarcityrent.com/2007/09/18/maximising-shareholder-value-a-mantra-that-is-half-a-lie/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
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			<media:title type="html">gabrielBCN</media:title>
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			<media:title type="html">integrity.jpg</media:title>
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		<title>Private equity and the subprime crisis (bad news that could be good after all)</title>
		<link>http://scarcityrent.com/2007/09/12/private-equity-and-the-subprime-crisis-bad-news-that-could-be-good-after-all/</link>
		<comments>http://scarcityrent.com/2007/09/12/private-equity-and-the-subprime-crisis-bad-news-that-could-be-good-after-all/#comments</comments>
		<pubDate>Wed, 12 Sep 2007 09:57:10 +0000</pubDate>
		<dc:creator>gabrielbcn</dc:creator>
				<category><![CDATA[b-school]]></category>
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		<description><![CDATA[The subprime crisis has arrived. Yes, many anticipated so. That&#8217;s what happens when economy depends on expectations. They take some time to change and, when they change, they do it abruptly. Like those subprime mortgages that have transformed from &#8220;hot products&#8221; to &#8220;hot potatoes&#8221;. Overall is not a matter of solvency but liquidity. I agree, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=scarcityrent.com&amp;blog=780707&amp;post=247&amp;subd=gabrielbcn&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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