Category «Economy»

New on LLRX – Blockchain Challenges

Via LLRX – Blockchain Challenges – V. Mary Abraham shares her notes from the new Blockchain in Government conference, part of the KMWorld 2018 Conference, that was held November 7-8, 2018 in Washington, D.C. The program speaker was Marcus Ralphs, CEO, ByzGen Ltd. who shared his real-world challenges, both technical and organizational, as well as …

Subjects: Economy, Financial System

18 topics badly explained by many Finance Professors

Fernandez, Pablo, 18 topics badly explained by many Finance Professors (October 20, 2018). Available at SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3270268 “This paper addresses 18 finance topics that are badly explained by many Finance Professors. The topics are: 1. Where does the WACC equation come from? 2. The WACC is not a cost. 3. The WACC equation when the …

Subjects: Economy, Education, Financial System

The Geography of Prosperity

The Hamilton Project Framing Paper – The Geography of Prosperity – “Over the last several decades, the fortunes of regions and communities across the United States have stopped converging. Evolving patterns of trade and technology, among other factors, have created concentrated prosperity while leaving many places behind. In order to formulate an effective policy response …

Subjects: Economy, Financial System

America’s largest cities have 72% of post-crisis employment growth

Brookings Report – Countering the geography of discontent: Strategies for left-behind places – “Big, techy metros like San Francisco, Boston, and New York with populations over 1 million have flourished, accounting for 72 percent of the nation’s employment growth since the financial crisis. By contrast, many of the nation’s smaller cities, small towns, and rural …

Subjects: Economy, Financial System

Report – US Has Spent Six Trillion Dollars on Wars That Killed Half a Million People Since 9/11

Brown University’s Watson Institute for International and Public Affairs, November 14, 2018 – “Following the 9/11 terrorist attacks, the United States government has spent and obligated more than $5.9 trillion on wars in Iraq, Syria, Afghanistan, Pakistan, and other places around the world, according to the Costs of War Project. Written by Boston University Professor …

Subjects: Defense, Economy, Government Documents, Health Care

Commentary – End intellectual property

End intellectual property – Copyrights, patents and trademarks are all important, but the term ‘intellectual property’ is nonsensical and pernicious “There are four areas of US federal law linked under the rubric of ‘intellectual property’ that we ought to keep separate in our minds. In an essay published in The Politics of Law (2010), Keith Aoki …

Subjects: Copyright, Economy, Intellectual Property, Legal Research

Why Aren’t U.S. Workers Working?

FRBSF Economic Letter 2018-24 | November 13, 2018. Why Aren’t U.S. Workers Working? Mary C. Daly, Joseph H. Pedtke, Nicolas Petrosky-Nadeau, and Annemarie Schweinert. “The decline in labor force participation of U.S. men and women ages 25 to 54 stands in stark contrast with other industrialized nations, where participation rates for prime-age workers have increased …

Subjects: Economy, Financial System, Knowledge Management

Pay group reports Federal employee salaries lag by average of 31 percent

Washington Post: “Federal employee salaries on average lag behind those of the private sector by almost 31 percent, an advisory council said Tuesday, while splitting between union and non-union members on whether to recommend potential changes in the way it arrives at that figure. The average salary difference of 30.91 percent reported by the Federal …

Subjects: Economy, Government Documents

How Enforcing Competition Law Could Have Stopped Big Tech

New York Magazine – The Intelligencer: “Yesterday, Amazon announced that it was opening two new campuses in Crystal City, Virginia, and Queens, New York. The preceding audition process, with dozens of local and state governments offering ridiculous financial incentives to Jeff Bezos’s megalith, made Amazon’s power over the public sector plainly clear. Elsewhere, the parliaments …

Subjects: Economy, Legal Research, Recommended Books

The Pentagon’s Getting More Secretive and It’s Hurting National Security

Defense One: “At a time of rampant executive branch corruption and large increases in defense spending, Americans are rightly concerned about the need for governmental transparency. People deserve to know how their money is being used, and what life-or-death decisions the Pentagon bureaucracy is making in their names. As President Trump asks for more defense …

Subjects: Congress, Defense, Economy, Freedom of Information, Government Documents, Legal Research, Legislation

EY explores belonging in the workplace, with new Belonging Barometer study

Ernst & Young: “Research uncovers that workers prefer check-ins and personal connections over facetime with senior leadership While today’s social climate has been associated with controversy and disagreements, it also seems to be banding people together in a more positive way – surprisingly at work. Regardless of background, gender, sexual orientation or race, individuals are …

Subjects: Economy, Knowledge Management