As technology enables more work to be completed by machines, jobs have and will continue to disappear. On the surface, this may appear distressing for the future economy, especially given the current level of displaced workers in this country. However, a recent report suggests that automation represents a paradigm shift requiring new skills and a […]
Automation: Paradigm Shift or Jobs Crisis? Read More »
The Fed faces a difficult challenge in the years ahead. Unemployment is at historic lows, inflation has been flat, and growth is on the upswing. These all sound like positive economic indicators, and they are. It’s the sustainability and the longer-term health of the economy that complicates the picture.
The Fed: Stuck in the Middle? Read More »
GDP has long been the standard barometer of economic growth or weakness. However, it does not tell you whether your economy is heading in the right direction. As technology makes over economies worldwide, will GDP be an accurate measure of growth in the future?
Better Measures for Economic Growth? Read More »
Staying abreast of technology developments is a necessary aspect of leadership and management today. I recently came across a compelling article on hbr.org about blockchain and bitcoin technology.
Can Blockchain Disrupt the Financial System? Read More »
In the recent past, the ownership and management of publicly-traded companies were separate entities. Shareholders were often not large enough to make their voices heard through voting. If you were displeased with the running of a company, the only option was to sell your shares.
Shareholder Activism: A New Paradigm? Read More »
President Trump has promised to increase US economic growth to over 3%, up from 2%, where it has hovered for the past decade. However, with lower labor force participation and sluggish productivity, how can he make this happen? One possibility: increase women in the workforce.
Women May Be Key to Increased US Growth Read More »
A year ago, the term “robo advisor” raised alarms on various financial news sites and blogs. Financial professionals feared that computer algorithms would replace human advisors in the advice space. Yet, it has quickly become clear that a computer alone cannot address investor questions, life changes, and, frankly, the emotional aspects of investing. Some combination
Are "Bionic" Advisors the Future of Financial Advice? Read More »
Trust has become a high priority Trust.. it’s a high priority issue these days. Since the financial crisis of 2008, trust has catapulted into the limelight and the impact on CEOs has been significant. Below, a few intriguing takeaways on the issue from PwC’s recently released 20th CEO Survey:
Trust has become a high priority Read More »
The Labor Department reported 4.3% unemployment in May, the lowest it has been since 2001. Productivity, on the other hand, remained flat during the first quarter. While that is an upward revision from the DOL’s expected productivity loss of 0.6%, it’s still a negative drag on economic performance overall. While low unemployment seems like something
Low Unemployment and Low Productivity: Warning Signs? Read More »
Humans create a lot of waste. Over the last century, as technology has provided us with machines to make our lives easier and many products for daily living have become affordable — we are throwing more and more “stuff” away. Looked at from an economics perspective, our economy functions on a linear basis — make,
Is the Future Economy the Circular Economy? Read More »
