Kayla Tausche Quotes


The easier question might be, 'What isn't Alibaba?' The company is only 15 years old, but it has gotten so big over that timeframe that it basically touches every single part of the Chinese economy. I think the simplest comparison to draw is that it is like eBay and Amazon combined.


Citations

Tausche, Kayla. "What Isn't Alibaba?" CNBC, 6 May 2014.

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A startlingly bad prediction by a Nobel-prize winning economist particularly given it was stated in 1998 rather than a much earlier date when the potential of the Internet wasn’t already apparent. Ironically, the quote is from a Red Herring article he wrote titled “Why Most Economists’ Predictions Are Wrong” in which he asserts that most economists predictions are wrong because they overestimate the impact of future technologies. See related quotes for additional equally erroneous Krugman predictions.


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  • Born: July 17, 1986
  • Nationality: American
  • Profession: Broadcast Journalist, Political Correspondent

Kayla McCall Tausche is an American broadcast journalist. She has reported for CNBC since 2011. She is one of the station's political reporters and is based in Washington, D.C..