Category Archives: Leadership

Time to stop following defunct economic policies



By Anatole Kaletsky – Can economists contribute anything useful to our understanding of politics, business and finance in the real world?

The “old ideas that have been proved wrong,” including inflation targets, self-stabilizing markets, and rigid separation of monetary and fiscal policy, remain dominant where they are most dangerous — in the macroeconomic analysis of finance ministries and central banks.

Overcoming these old ideas will require new thinking about politics and not just economics. more> http://tinyurl.com/llysp3v

Ordinary Americans are powerless, but the US isn’t really an oligarchy


By Matt Phillips – If you were a betting person placing a wager on a political outcome, you’d pretty much always want to bet on the outcome that the affluent are in favor of.

The opinions of the affluent and business groups were a far better predictor of actual policy outcomes than the opinions of Americans with median incomes. more> http://goo.gl/Z4ZoBG

Adopting Best Practices Can Be a Bad Idea


By Jackson Nickerson – Taking a best practice capability from one highly interconnected system and inserting it into another undoubtedly will lower performance, if the combined system works at all. Like Mary Shelly’s famous 1818 novel Frankenstein, combining modules from different systems can lead to a wretched capability.

When, then, does seeking out and copying a best practice capability make sense? more> http://tinyurl.com/n9n7m95

How to Save Ukraine


By Keith Darden – Inattention to Ukraine’s internal demons reflects a dangerous misreading of current events; the struggle between Russia and the West has been a catalyst, but not a cause.

The protagonists in this conflict are subnational regions.

The EU association process, and especially the protests, repression, and revolution that followed, activated very deep and long-standing divisions between them.

Unless Kiev deals with its regions and installs a more legitimate, decentralized government, Ukraine will not be won by the East or the West. It will be torn apart.

Kiev needs to transfer some very substantial powers, including those over education, language, law, and taxation, to the regions. more> http://goo.gl/N0fbWm

Related>

The Role For The Business Press As Watchdog And Think Tank


By Paul Glader – News organizations could do a better job of labeling and explaining the difference between news and opinion. And news organizations should recognize their potential to expand their opinion and analysis role.

Employing more experts and producing new kinds of reporting and analysis is a smart way forward for news organizations. more> http://tinyurl.com/p7xpwoh