Bernard Avishai

What, then, can be done about chronically unemployable people? What can businesses do? My answer would not be a new social compact, but a determination to remember the old one more precisely and live up to it more intelligently.

The old compact had always assumed that companies would self-interestedly support certain government actions to enforce the rules of the competitive game. Government would police property … [ Read more ]

Bernard Avishai

Labor’s real crisis is not unemployment but unemployability… Labor unions will not make a difference. It was precisely because direct labor used to be so simple, mechanical and yet critical to value creation that labor unions made sense… Anyway, the logic behind unions may still apply to some kinds of work — fast-food servers, apparel assemblers, hospital orderlies. But, again, any job that is simple … [ Read more ]

“The Times” Book of Quotations

“It is a good thing for an uneducated man to read books of quotations,” wrote Winston Churchill in 1930. “Bartlett’s Familiar Quotations is an admirable work, and I studied it intently.” Unlike Bartlett’s, The Times Book of Quotations cuts Sir Winston off before he can deliver the plug for its competitor. That act of self-interest notwithstanding, the Times volume is a better choice for business … [ Read more ]

Associations Gateway

You are only as good as your network, and this searchable database with links to more than 6,500 associations will help you find the places where you should be and the associations you should know in order to make new contacts and drum up new business. What’s nice about this database is that you can search it by keyword (in addition to city, state and … [ Read more ]

Strategy for the Next Decade – It’s Deja-Cash Flow All Over Again

Did the stock market wrongly skew business strategy in the 90’s? Where do we go now that the strategy of managing to maximize short-term stock price has failed? Professor Marty Anderson gives us a different angle showing that a real social-industrial revolution is going on, a revolution that requires leaders to use strategies that are guided by cash flow creation.

ImproveNow.com

The fields of recruitment, coaching and training are hurting a bit right now, so a creative approach to marketing is essential. Here’s one for you — if you’ve ever wanted to give a boss, co-worker or client a clue as to just how ineffective, unprofessional or difficult he or she is, you will enjoy the anonymous “Improve My Boss” assessment. Simply enter the victim’s email … [ Read more ]

John Adams

When a great question is first started, there are very few, even of the greatest minds, which suddenly and intuitively comprehend it in all of its consequences.

Extraordinary Popular Delusions and the Madness of Crowds

Why do otherwise intelligent individuals form seething masses of idiocy when they engage in collective action? Why do financially sensible people jump lemming-like into hare-brained speculative frenzies–only to jump broker-like out of windows when their fantasies dissolve? We may think that the Great Crash of 1929, junk bonds of the ’80s, and over-valued high-tech stocks of the ’90s are peculiarly 20th century aberrations, but Mackay’s … [ Read more ]

The Sum of Our Discontent: Why Numbers Make Us Irrational

The obsession with quantification, especially in the business world, makes it all the more difficult to discern the measures that matter and the ones we can trust. Boyle argues that our trouble in understanding complex economic and sociological problems is linked to our over reliance on simple statistical explanations.

The World Wrestling Federation: Vince McMahon vs. Bret ‘the Hitman’ Hart

Professional wrestling has been popular in North American for over a century, though mostly limited to small arenas and controlled by local promoters. It was Vince McMahon, head of an East Coast operation, the World Wrestling Federation (WWF), who made the sport a national enthusiasm in the 1980s.

This was all to change in 1988, when Ted Turner and World Championship Wrestling (WCW) arrived on … [ Read more ]

85 Years & Ideas

This special issue of Forbes celebrates two forces that are bringing the world closer together: innovation and capitalism. The editors list their choices for the 85 most consequential innovations since 1917. Following are five essays on capitalism and invention, and then profiles of 15 outstanding innovators of today.