Category: Economics

The W: A Weekly Reading List

In this week’s edition…making a company memorable…the world’s leadership approval ratings…China leads the mobile payments race…how is history made…it’s hard to say goodbye…and more. Have a great weekend.   Business & Economics What macroeconomists actually do But in very crude terms, a DSGE model contains equations representing individuals’ choices to consume and save; companies’ choices

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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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Stanford GSB: “How to Stop White-Collar Crime”

Very good, short, recap of Judge Jed Rakoff’s views on what really deters corporate crime on the Stanford GSB site:   What incentive would work to change corporate behavior? The threat of prison, says Rakoff. “I found that to a person, [executives accused of white-collar crimes] feared prison, and they feared it mightily. They would

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Prospect: “How I learnt to loathe England”

Prospect magazine has a devastating op-ed by Joris Luyendijk on his experience as a Dutchman living in the U.K. during the time of Brexit. It’s well worth a read. Some highlights:  The Dutch and the British have a lot in common, at first sight. Sea-faring nations with a long and guilty history of colonial occupation

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What’s the Future of Work? The Shift Commission Gives Us Four Alternatives To Consider

I have spent a lot of my time in 2017 talking to various experts in many fields about the future of work and how that future may impact our society in the future. One of the most insightful items I have come across this year is a report called Shift: e Commission on Work, Workers, and

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