Follow-up

Rather than update existing posts, I'm going to follow-up on two items from yesterday.

The first relates to yesterday's post about the "Agent-Principal Problem." In addition to the clip from The Office linked in yesterday's post, you might want to look at this piece from yesterday's edition of The Wall Street Journal (free content at this writing). I should have posted it yesterday, but I didn't get to finish the paper until last night.

The second follow-up is on holiday shopping courtesy of FoxNews. It is the preliminary data on Cyber Monday. It appears that total spending was up by a healthy amount. The interesting thing is that individual sales were smaller. We shopped at more places, spending less at any one.