Wal-Mart uses technology to increase sales volume, but the more it does so, the more it drives down profit margins - its own and everybody else's. The same logic does not appear to hold for Goldman Sachs.

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Timothy Noah was American journalist and author. Timothy Robert Noah is an American journalist, author, and a staff writer at The New Republic. Previously he was labor policy editor for Politico, a contributing writer at MSNBC.com, a senior editor of The New Republic assigned to write the biweekly "TRB From Washington" column, and a senior writer at Slate, where for a decade he wrote the "Chatterbox" column. Read more on Wikipedia →

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