Category: Economics

McKinsey: Economic Conditions Snapshot, March 2018

McKinsey has just released it’s latest Economic Outlook report. Some highlights of what is always a must-read:   Respondents around the world are sanguine about the current state of the global economy and their economies at home, according to McKinsey’s newest survey on economic conditions.1But as they look ahead, they are less likely to expect

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MIT: Algorithms Are Making American Inequality Worse

Don’t miss MIT Tech Review’s interview with political scientist Virginia Eubanks about her new book, Automating Inequality. Some highlights:   In Automating Inequality, author Virginia Eubanks argues that the poor are the testing ground for new technology that increases inequality. The book, out this week, starts with a history of American poorhouses, which dotted the

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Amazon and Apple Suggest That Employer-Provided Health Care Is Our Future

Amid all the (justifiable) concerns this week over the Administration’s steel and aluminum tariff warning, the business press did not focus too much on Apple’s quiet announcement about its new health care initiative, AC Wellness. A quick glance through the AC Wellness web site does not provide much information, but what is there is enough

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Diversity In the C-Suite Is All About the Economics of Inclusion

In recent months I’ve had the good fortune to speak with several authors and thinkers working in the Diversity & Inclusion field, and all of them shared with me a genuine sense of frustration at the slow progress minorities and women have made into the C-suite.  In thinking about this issue, and reflecting back on

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Recent read: “Almost all the US jobs created since 2005 are temporary”

Fascinating short post on Quartz by Dan Kopf on the changing source of jobs. A highlight: “We find that 94% of net job growth in the past decade was in the alternative work category,” said Krueger. “And over 60% was due to the [the rise] of independent contractors, freelancers and contract company workers.” In other

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FT: “Winners and losers in the sharing economy”

Good piece by Brooke Masters on FT about the strategic implications of the sharing economy. Some highlights: Streaming is at the forefront of a trend that threatens to upend a much wider range of industries. Technology-based groups are encouraging consumers to rethink their approach to everything from textbooks and party dresses to housing and transportation.

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WIRED: “INSIDE CHINA’S VAST NEW EXPERIMENT IN SOCIAL RANKING”

Don’t miss Mara Hvistendah’s excellent piece on China’s Zhima social credit system on WIRED. Some highlights:   If you live in the United States, you are by now accustomed to relinquishing your data to corporations. Credit card companies know when you run up bar tabs or buy sex toys. Facebook knows if you like Tasty

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Capital, Labor or Talent: Which One Are You?

It’s not often that you read an article about labor theory that really clarifies a wider economic issue, but Roger L. Martin’s recent piece in HBR on the NFL’s kneeling issue does just that. Martin argues that the reason the NFL owners have not pushed the players very hard to stop their protests, even though

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