‘Teaching’ Ethics is Not as Easy as it Seems By Holly A. Bell The perpetual drone of news stories describing corporate scandals has lead to criticisms that business schools aren’t doing enough to teach ethics. This criticism is not surprising when you look at the self-interested microeconomic decision-making models we teach based on the rational …
What Penguins Know About Business: The Value of Sharing in Markets From Paul J. Zak at Claremont Graduate University: “There’s nothing new about being shameless, or ruthless and cynical, when it comes to making a buck. Plenty of people in business seem to think that fakery and exploitation is the name of the game. Which …
Why Self-Interest In Markets Can Benefit Everyone Read More »
Forget Peak Oil, Time To Worry About Peak Oil Labor (via Market Shadows) Courtesy of www.econmatters.com. By EconMatters In a recent working paper, researchers at the the IMF (International Monetary Fund) attempt to reconcile the Peak Oil debate that whether resource constraints will dictate the future of oil output and prices, or advance in technology …
Forget Peak Oil, Time To Worry About Peak Oil Labor Read More »
By LESLIE KWOH Got innovation? Just about every company says it does. Photo: Getty Images. Companies throw the term “innovation” around but that doesn’t mean they are actually changing anything monumental. Leslie Kwoh reports on digits. Businesses throw around the term to show they’re on the cutting edge of everything from technology and medicine to …
The rise of the adult playground (via http://www.scenereleases.eu) Glossy exercise machines are cropping up in parks, near the brightly-coloured swings and slides for children. It’s the latest bit of government “nudge theory”, writes Sophie Robehmed. Kids heading down the slide headfirst, babies talking gobbledygook in the sandpit and a golden retriever bounding…
By Holly A. Bell Remember Enron? Apparently the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) don’t. While the Enron scandal had multiple layers of both illegal and unethical behavior, at the heart of it all was Jeff Skilling’s insistence on using mark-to-market accounting techniques. This was not standard accounting practice, …
Is Enron’s Accounting Method About To Become The Standard For All Businesses? Read More »
By Holly A. Bell Like I do most mornings I started my day by going to a popular website that is supposed to bring together some of the best business articles on the web. The front page alone had 6 articles containing lists of allegedly important information you need to know. Among them: “7 Easy …
5 Reasons to Dislike Numbered Lists (Especially in Business Articles) Read More »
“There has been a lot of controversy surrounding the US employment situation over the past few months. The January data was particularly contentious, in part because that’s when the BLS, or Bureau of Labor Statistics, made its annual revisions to try to square its numbers with changes in the population. The BLS uses two different …
From Seeking Alpha: US Employment in Real English Read More »
Oil surges on strong US manufacturing data (via AFP) World oil prices surged Monday after stronger-than-expected manufacturing data in the United States, the world’s top crude oil consumer, offset weaker figures in Europe. John Kilduff at Again Capital noted that with the beginning of the second quarter trading Monday, “there will be new money coming…
US-China trade disputes likely to rage on (via AFP) The recent bumper consignment of US-China trade disputes will be followed by boatload after boatload of new problems in coming years, experts predict, but that may be little cause for concern. The sheer range of products fought over by the world’s two largest economies is imposing, …
US-China Trade Disputes Include The Kitchen Sink Read More »
