894 Posts Found

Are the habits of today’s knowledge workers unique in history? Actually, the Gen X style of working appears to be the oldest on earth.

Content: Article | Author: David Berreby | Source: strategy+business | Subjects: Economics, Miscellaneous

A great airport fuels regional economic growth. But if you build it, will they come? Only if you build it the right way.

Content: Article | Authors: B. Thomas Hansson, Cyrus F. Freidheim | Source: strategy+business | Subjects: Economics, Industry Specific | Industry: Airlines

Capitalism will thrive as long as we can create new wants — and products to meet them.

Editor’s Note: very insightful – a good read…

Content: Article | Author: Amar Bhidé | Source: Across the Board (ATB) | Subject: Economics

Protectionism grew out of mercantile economics 500 years ago. Although long discredited, ailing industries in the US and Europe are often rescued by mercantilism.

Content: Article | Author: Morgen Witzel | Source: European Business Forum (EBF) | Subjects: Economics, History

The dot-com phenomenon may have been a bust. The Nasdaq hovers around 1400. Chastened venture capitalists are struggling to stay afloat. And many options are as deep underwater as the wreck of the Titanic. But the information technology revolution of the past few decades has produced some significant macroeconomic changes – and it should continue to do so in the years to come.

Content: Article | Authors: Mehmet Yorukoglu, Thomas F. Cooley | Source: STERNbusiness (NYU) | Subject: Economics

Which jobs have a future, which will evaporate under the onrush of technology? Will you have a career path next year? A Q&A with the authors of The New Division of Labor.

Editor’s Note: much more interesting than I would have guessed…

Content: Article | Authors: Frank Levy, Martha Lagace, Richard J. Murnane | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Career, Economics

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The fact that implied — ie, expected — volatility in financial markets is so low should give investors everywhere pause for thought.

Editor’s Note: though topical, this article introduces an interesting and useful concept many will be unfamiliar with…

Content: Article | Sources: CFO Publishing, The Economist | Subjects: Economics, Finance

While our culture generally trusts experts and distrusts the wisdom of the masses, New Yorker business columnist Surowiecki argues that “under the right circumstances, groups are remarkably intelligent, and are often smarter than the smartest people in them.” To support this almost counterintuitive proposition, Surowiecki explores problems involving cognition (we’re all trying to identify a correct answer), coordination (we need to synchronize our individual activities … [ Read more ]

Content: Book | Author: James Surowiecki | Subjects: Economics, Organizational Behavior

There are trustworthy forecasting indexes that executives can use to time their business decisions accurately.

Content: Article | Author: Lakshman Achuthan | Source: Optimize Magazine | Subjects: Economics, Management

The informal economy is neither small nor benign.

Content: Article | Source: The Economist | Subject: Economics

The reports in this series on LDCs (least developed countries) discuss economic development and poverty reduction in these countries, providing statistical tables and demographic information. Each report has a specific emphasis, such as the relationship between international trade and poverty, debt, agricultural productivity, and deficiencies in infrastructures; reports are provided back to 1996. From the United Nations Conference on Trade and Development.

Content: Article | Source: UNCTAD (United Nations Conference on Trade and Development) | Subjects: Economics, International

In the long run, the U.S. economy can be very flexible: 120 years ago, half of the population still worked on farms. So over the long run, we are optimistic that better education and training will prepare most of the workforce to do meaningful work in the computerized world. But education takes time and change is happening fast. Forty years ago, John Kennedy could say, … [ Read more ]

Content: Quotation | Source: Harvard Business School (HBS) Working Knowledge | Subject: Economics

Fed Vice Chairman Roger W. Ferguson stressed the important role Central banks play in the global financial system and also provided a great look at the changing landscape of commercial banking. This one would make a great introduction or conclusion to a Money and Banking course! [FinanceProfessor.com Annotation]

Content: Article | Author: Roger W. Ferguson | Source: Federal Reserve Board (FRB) | Subjects: Economics, Finance | Industry: Finance / Banking

Thanks to various technological, fiscal, and political revolutions that have reshaped our world over the past two decades, some observers believe, the new millennium will offer opportunities for economic expansion that rival any previously recorded. The Long Boom is a fascinating attempt to pin down this potential upsurge by combining a shrewd examination of where we’ve been headed for the last 20 years with a … [ Read more ]

Content: Book | Authors: Joel Hyatt, Peter Leyden, Peter Schwartz | Subjects: Economics, Trends / Analysis

Fed Governor Gramlich just gave an interesting and informative speech on the Federal Budget Deficit. He points out the difficulty in forecasting it, the fact that it is based on cash basis accounting which brings its own problems (example future social security problems!), and even suggests ways to improve the budgeting process. My take is that budget deficits are not in and of themselves bad, … [ Read more ]

Content: Article | Author: Edward M. Gramlich | Source: Federal Reserve Board (FRB) | Subject: Economics

As computers make inroads on every aspect of business, will people cease to matter? That’s the underlying question of this fascinating examination of the new labor market. In lucid prose, Levy and Murnane-economics professors at MIT and Harvard, respectively, and co-authors of the 1996 bestseller Teaching the New Basic Skills-present their answer, and their expectations regarding how computers will affect future wages and job distributions. … [ Read more ]

Content: Book | Authors: Frank Levy, Richard J. Murnane | Subjects: Economics, IT / Technology / E-Business

Until recently, most business people possessed a bedrock of faith in the efficiency, power, and fairness of markets. And a great deal of it was justified. When trade occurs freely, the maximum amount of wealth is created for the largest number of people. There is no more effective social system for organizing people and allocating resources than markets. But while markets are efficient, there’s nothing … [ Read more ]

Content: Article | Author: Sally Blount-Lyon | Source: STERNbusiness (NYU) | Subjects: Economics, Organizational Behavior

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In the next quarter-century, more and more kinds of work will be eligible to be done anywhere in the world by people who are skilled enough to do them. Companies of all kinds will be forced to ask, ‘What is our obligation to, commitment to, interest in the community and our workers? What are we really here for?’ I don’t know what the answers will … [ Read more ]

Content: Quotation | Source: Across the Board (ATB) | Subjects: Capitalism, Social Responsibility (ESG)