Tag 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

Why “Deep Reading” Doesn’t Happen Online


BOOK REVIEW

Proust and the Squid: The Story and Science of the Reading Brain, Author: Maryanne Wolf.

By Annie Murphy Paul – Deep reading — slow, immersive, rich in sensory detail and emotional and moral complexity — is a distinctive experience, different in kind from the mere decoding of words.

Although deep reading does not, strictly speaking, require a conventional book, the built-in limits of the printed page are uniquely conducive to the deep reading experience.

Unlike the ability to understand and produce spoken language, which under normal circumstances will unfold according to a program dictated by our genes, the ability to read must be painstakingly acquired by each individual.

The “reading circuits” we construct are recruited from structures in the brain that evolved for other purposes—and these circuits can be feeble or they can be robust, depending on how often and how vigorously we use them. more> http://tinyurl.com/kasb5rt

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

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