Joe Sanok on Rethinking the Working Week
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If those assets are not being productively converted into goods and services that make the world a better place, it's a missed opportunity. Over the past half-century, we've standardised on a 'way' to do things – and that's clearly flawed but continues. We need managers and leaders to up their game if we're going to hope to tackle the environmental, inequality and other crises we face.
Over this 99.9% of human existence, when technology advances, population advances and counterbalances any potential increase in human prosperity. Suddenly once technological progress reaches a tipping point, families start to invest in education, they economise on the number of children, and technological progress is converted into richer people rather than into more people.
In order to fix bias you have to admit to them, you have to admit they exist and bring them out of the shadows. Then you can call them out.
One of the undoubted triumphs of racism is how difficult it is to have an honest conversation about it.
Academics, research analysts, and even regulatory agencies have recognized that today's markets are more liquid and less expensive than before the advent of HFT. This is no doubt due in part to the improvement in liquidity provisioning that has arisen from the better risk management that computers provide over human traders.
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