By David B. McLennan – These ads matter — but not in the ways that the candidates and their campaign consultants hope they do. When the negative barrage of ads is over, the winner will likely emerge with an approval rating well under 50 percent.
Majority of winning candidates take office without the majority support of the citizens they represent. They can no longer legitimately cite the “will of the people” in proposing legislation — because they are not in a position of strength when it comes to public support. Elected officials now often have little or no honeymoon period – even with the voters who supported them. more> http://tinyurl.com/l6vox44
Posted in Business, CONGRESS WATCH, Economic development, Economy, Education, History, Leadership, Media, Regulations
Tagged Business, Congress Watch, Government, Industrial economy, Leadership, Organization, Politics, United States
[ SMARTER WORKPLACE ]
By Steve Denning – “The key message from our work is that workers of all types and in all locations have the potential to be passionate – it’s not limited to a privileged few,” concludes John Hagel, c0-chairman Deloitte Center For The Edge.
“Rather than just focusing on recruiting more passionate workers, the big opportunity is to look at the existing workforce and create environments that can tap into, nurture and amplify the passion of every worker already on the job.
“Without the right work environments, efforts to recruit additional passionate workers will likely be undermined as those new workers become frustrated in environments that do not support passion.” more> http://tinyurl.com/kucd5km
Posted in Business, Economic development, Economy, Education, How to, Leadership
Tagged Business improvement, Capital, Industrial economy, Jobs, Leadership, Organization, Productivity, United States
By Ben Protess and Jessica Silver-Greenberg – With evidence mounting that a number of foreign and American banks colluded to alter the price of foreign currencies, the largest and least regulated financial market, prosecutors are aiming to file charges against at least one bank by the end of the year.
Yet the breadth of the suspected wrongdoing in the currency inquiry — Deutsche Bank, Citigroup, JPMorgan Chase, Barclays and UBS are among the dozen or so banks under investigation — might distinguish it from the piecemeal nature of the crisis-era investigations. more> http://tinyurl.com/msouwc6
Posted in Banking, Business, Economic development, Economy, Education, Leadership, Media, Regulations
Tagged Banking reform, Business, Capital, Financial crisis, Government, Industrial economy, Leadership, Organization, Regulations, United States
By Noah Smith – These days, essentially all of the pre-2008 models have fallen out of favor, replaced by models where finance is the key. Most people would agree that’s a good thing.
But those models are going to have just as hard a time getting conclusive support from the data, because there just isn’t much data.
So again, conclusions about whether the Fed should print money and buy bonds to fight recessions will come down to intuition. As Robert Waldmann says, “The models change but the policy proposals remain the same.” more> http://tinyurl.com/k2vkost
Posted in Banking, Business, Economic development, Economy, Education, History, Leadership, Media
Tagged Capital, Federal Reserve, Government, Leadership, Macroeconomics, Monetary policy, Regulations, United States
By Stephen Mihm – In the mid-19th century, most Ivy League presidents hailed from the ranks of the Protestant clergy: affable theologians with considerable academic training and limited knowledge of financial matters.
Enter Charles W. Eliot , Harvard’s 21st president. When he took over in 1869, it was a sleepy little college. By the time he left in 1909, he had bequeathed an educational powerhouse that had established an almost insurmountable lead in the race to become the world’s richest university. more> http://tinyurl.com/q6o4k28
Posted in Business, Economic development, Economy, Education, History, Leadership, Regulations
Tagged Business, Capital, Industrial economy, Ivy League, Leadership, Organization, Regulations, United States