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Economy

Learning to See Complexity

March 1, 2017 0 Comments
Learning to See Complexity

Look and See: (This is the first of a four part series on complexity.) A habit I’m trying to develop comes from my new hobby—digital photography. That habit is try and “see” opportunities for an interesting picture. Along with that comes the companion habit of not only looking ahead or to the side, but to […]

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Millennials? No. It’s More

May 13, 2015 0 Comments
Millennials? No. It’s More

I attended a networking meeting not long ago. It’s one I frequently attend. There are many senior executives at this meeting, some are employers, some are working executives and some are folks in transition. It’s always an interesting group. For the second time in a row though, the question of “What is wrong with the Millennial […]

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Book Review: The Chinese Secrets for Success by YuKong Zhao

October 5, 2014
Book Review: The Chinese Secrets for Success by YuKong Zhao

In this interesting book, YuKong Zhao shares “Five Inspiring Confucian Values” which he states are the secrets for China’s success. And in the spirit of full disclosure, I will share that during the decade of the 90’s I spend a great deal of time studying Taoism and a bit of Confucianism. When it comes to […]

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Book Review: Average is Over by Tyler Cowen

February 27, 2014
Book Review: Average is Over by Tyler Cowen

According to Tyler Cowen,”The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you’re not at the top, you’re at the bottom.” There is no average any longer, and my observations as of late would indicate that Mr. Cowen is on to something. So who are those who will be […]

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Book Review: The Great Stagnation by Tyler Cowen

February 26, 2014
Book Review: The Great Stagnation by Tyler Cowen

According to Tyler Cowen, Land, Technology and Uneducated Kids provided the America of early days an incredible diet of “low hanging fruit.” In this excellent short book (fewer than 90 pages), Mr. Cowen shows how the manifestation of having eaten all the low-hanging fruit is that individual and family median incomes have all but stagnated […]

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Your Job Is Going Away

February 5, 2014
Your Job Is Going Away

I’m not talking just about the hourly job, I’m talking about all jobs. They are going away. The exit pace is increasing. Inexorably. Jobs will either actually go away (as in no longer needed) or they will change so appreciably as to not be recognizable as the same job. From now on, you (we), will […]

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I refuse to give up

October 9, 2013
I refuse to give up

I have heard that statement many times in the last couple of years. Our economy, institutions, companies, families and individuals have been through some tough times. Many folks have become resigned to a fate not of their choosing. They want to work; but can’t find work and so struggle to make ends meet as best […]

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Our Economy’s Performance is Perfect

July 28, 2013
Our Economy’s Performance is Perfect

Lots of folks are still complaining. The growth is too slow. The growth is uneven. The jobs created do not pay enough. There are too many temporary jobs. Personally, I believe the folks spouting this stuff haven’t figured out that these are the old model measurements which no longer apply, and that the data show our […]

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My veiw of U. S. Capitalism – Nullius in verba

November 7, 2011
My veiw of U. S. Capitalism – Nullius in verba

From time-to-time, I find myself in a philosophical discussion with colleagues about our economy and our brand of capitalism. There are, of course, the two extreme views on this subject: (1) markets should be the only determination of value with no interference from government and (2) free markets are bad and central planning is the […]

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Book Review: The Next Convergence by Michael Spence

September 5, 2011
Book Review: The Next Convergence by Michael Spence

One of the small joys I have in life is to attend seminars and lectures that not only inform but allow me to meet the people doing the research and forming the theories. Michael Spence, winner of the Nobel Prize in Economics, spoke at a Drucker Forum recently and I was able to attend. He […]

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