Money is a strange phenomenon. Our modern notion of it mean that (in essence) it is intrinsically useless apart from as a medium of exchange. Our government, regulators, law and communities agree that phenomena (whether a physical banknote or an electronic ledger such as a bank account) have certain value,…
Many of recent history’s most significant market events have manifest in what was (previously) the extreme of the market. These “bubbles” and “crashes” follow power laws, meaning that (in theory) they could reach any size and fundamentally threaten the functionality of the entire financial system. Typical central-bank and policy…
It’s quite conceivable that the grandparents (or even parents) of the future will be made to feel even more archaic as the young of that generation look at them quizzically and state “…are you serious? You used to use bits of paper as money?!” Money is a cultural abstract. It…
The perception that we learn from our mistakes is just one in a long-list of cognitive and behavioural biases that exist in the human mind. As WIRED reported in 2009, “Researchers from MIT have shown that the brain learns more after a success than a failure. This study indicates, contrary…
“Behold, the lewd, pornographic embrace of two great American pathologies…” wrote David Simon, “Race and guns, both of which have conspired not only to take the life of a teenager, but to make that killing entirely permissible. I can’t look an African-American parent in the eye for thinking about what…
Originally Published in Entrepreneur Country, July 2013 “Throughout much of history… ” writes Prof. Edward Barbier, “a critical driving force behind global economic development has been the response of society to the scarcity of key natural resources, such as land, forests, fish, fossil fuels and minerals. Increasing scarcity raises the cost of exploiting…
Guest article written for AllAboutAlpha.com – the official publication of the Chartered Alternative Investment Analyst (CAIA) Association Originally Published at: http://allaboutalpha.com/blog/2013/06/17/the-truth-about-executive-pay/ There is little doubt that we are facing tough times for the economy. Rising unemployment, austerity and many other factors have meant that the average person feels considerably worse off…
Originally published in Global ARC. Vikas Shah interviews Alan S. Blinder (the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University) who served as Vice Chairman of the Board of Governors of the Federal Reserve System from June 1994 until January 1996. In this position, he represented…
Explore an archive of more than 3,000 quotes.
Short-term vision does not allow one to build better businesses and create value. If we keep a long-term perspective in mind, we will go through the good cycles and the bad cycles and reach the other side.
There's no such thing as a formula for a great talk but the best are the ones where a speaker connects deeply with an audience, shows them why their passion matters, and takes the audience on a journey.
I realised that my passion lay in the realm of high performance, irrespective of the context, and the sustainability of such performance was a fascinating query. This question is invariably present in the minds of leaders in great organisations.
I think it's an act of great arrogance and folly to imagine that in a highly racialized society that I would escape and not have racialized thoughts.
Even today, there are 72 countries and jurisdictions where same-sex relations are criminal acts – punishable with penalties ranging from a few years in prison, to life imprisonment and even the death penalty.
Ten in-depth articles distilling insights from over 550 interviews with the world's leading thinkers, creators, and changemakers.