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ANOTHER CAPITALIST BACCHANALIA

October 18, 2004

This week's installment of the "Carnival of the Capitalists," a collection of business and economics weblog postings, is now online. Much good reading there. My favorite this week is "Executive Hubris and Acquisition Premium," by the "Photon Courier" blog. It cites evidence that executives who are overly fond of themselves tend to pay too much when they buy companies. The meek shall inherit the best deals, perhaps.

Oh, the Carnival has a picture of a cute "babe," too.

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