Categories
Leadership

We need you to lead us

You too can put a ding in the universe THERE are three simple steps to being a visionary leader. That’s it. Just three simple steps. To be a visionary leader, you need to: 1) Learn from everyone, 2) Follow no one, and 3) Look for patterns. So simple and easy to remember. Learn always, never […]

Categories
Economics

Interest rate on 10 year government bonds

A picture says a thousand words BACK IN 1995, which country had the second highest 10 year government bond yield? As Europe’s third largest economy, Italy is too big to bail out.  Past performance is not a predictor or future performance.  However, if historical bond yields provide us with any insight about the Europe’s future, […]

Categories
Leadership

January 17th, 2012 #OWS

Things just escalated LEADERSHIP has been described as the process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task (Chemers 1997). From a “theory of leadership” perspective, what is interesting about the Occupy Wall Street movement is the absence of any one […]

Categories
Economics

US Unemployment Rate Drops: good news?

Recent improvements in the unemployment rate have come from people dropping out of labour force THE unemployment rate in the US has dipped to its lowest level in more than 2 years (source: NYT). Is this good news? Before answering this question, it would help to understand exactly how the US Bureau of Labor Statistics […]

Categories
Economics

Monkey Economy

Monkeys learn to use money – what can we learn? ASSOCIATE PROFESSOR of Economics Keith Chen taught a bunch of monkeys to use money. What he discovered was that not only could the monkeys learn to understand the value of money and how to use it, they were also very good at changing their consumption behaviour […]