Category «Financial System»

The Global Economy Ten Years After

Project Syndicate – Jim O’Neill: “In the decade since the collapse of Lehman Brothers and the start of the global financial crisis, the world economy has registered stronger growth than many realize, owing in large part to China. But in the years ahead, global economic imbalances and troubling trends in the business world will continue …

Subjects: Economy, Financial System

Who controls your data?

Engadget – We requested our personal information from dozens of companies. Here’s what they gave us — and what they didn’t: “The average American, one study tell us, touches their phone 2,600 times per day. By the end of a given year, that’s nearly a million touches, rising to two million if you’re a power …

Subjects: Civil Liberties, Financial System, Freedom of Information, Government Documents, Health Care, Internet, Knowledge Management, Privacy, Social Media

Amazon global headquarters competition yields huge cache of economic data

Axios: “When Amazon invited cities to compete for its second global headquarters a year ago today, it got reams of data from the 238 entrants — enough to learn details of the cities’ future plans that a lot of their residents don’t even know about, Axios’ Erica Pandey reports. Why it matters: The information effectively …

Subjects: E-Commerce, Economy, Financial System, Internet, Knowledge Management, Marketing, Privacy

NYT Op-Ed To Restore Civil Society, Start With the Library

To Restore Civil Society, Start With the Library. This crucial institution is being neglected just when we need it the most. By Eric Klinenberg (@EricKlinenberg), a professor of sociology and the director of the Institute for Public Knowledge at New York University “…But the problem that libraries face today isn’t irrelevance. Indeed, in New York …

Subjects: Economy, Education, Financial System, Freedom of Information, Internet, Knowledge Management, Libraries

Amazon’s Antitrust Antagonist Has a Breakthrough Idea

The New York Times: “With a single scholarly article, Lina Khan, 29, has reframed decades of monopoly law….In early 2017, when she was an unknown law student, Ms. Khan published “Amazon’s Antitrust Paradox” in the Yale Law Journal. Her argument went against a consensus in antitrust circles that dates back to the 1970s — the …

Subjects: Congress, E-Commerce, Economy, Financial System, Legal Research

25 of the New Words Merriam-Webster Is Adding to the Dictionary in 2018

Mentalfloss: “If you don’t spend most of your time on the internet, it can be hard to keep up with the evolving lingo of the digital age. Luckily, the editors at Merriam-Webster have done the hard work of keeping track of the most important new terms to know: The American institution has added over 840 …

Subjects: Economy, Education, Financial System, Food and Nutrition, Knowledge Management

Trump issues Order to Cut Federal Government Employee Pay Raises and Locality Pay

Text of a Letter from the President to the Speaker of the House of Representatives and the President of the Senate Issued on: August 30, 2018: “I am transmitting an alternative plan for pay adjustments for civilian Federal employees covered by the General Schedule and certain other pay systems in January 2019. Title 5, United …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research

Tech Industry Pursues a Federal Privacy Law, on Its Own Terms

The New York Times: “In recent months, apparently, Facebook, Google, IBM, Microsoft and others have aggressively lobbied officials in the Trump administration and elsewhere to start outlining a federal privacy law. The law would have a dual purpose, they said: It would overrule the California law and instead put into place a kinder set of …

Subjects: Congress, Economy, Financial System, Legal Research, Privacy, Social Media

White Collar Prosecutions Fall to Lowest in 20 Years

White Collar Prosecutions Fall to Lowest in 20 Years – “The latest available data from the Justice Department show that during April 2018 the government reported 494 new white collar crime prosecutions. According to the case-by-case information analyzed by the Transactional Records Access Clearinghouse (TRAC) at Syracuse University, this number is down 14.4 percent over …

Subjects: Courts, Economy, Financial System, Legal Research

Bill Gates – Not enough people are paying attention to this economic trend

Gates Notes: The Blog of Bill Gates – “The portion of the world’s economy that doesn’t fit the old model just keeps getting larger. That has major implications for everything from tax law to economic policy to which cities thrive and which cities fall behind, but in general, the rules that govern the economy haven’t …

Subjects: Economy, Financial System, Government Documents

New on LLRX – Banks should brace for impact: The Big Techs are coming!

Via LLRX – Banks should brace for impact: The Big Techs are coming! – Data, BI & Analytics expert Siraj Patel discusses the global financial services and products industry in the context of the urgency for existing business models to adapt and innovate in this time of disintermediation, product un-bundling and marketplaces that offer customer …

Subjects: AI, Economy, Financial System, Knowledge Management, Marketing