While much attention is now paid to personalities of incoming central bankers, far less attention is paid to debating central banks' mandates in light of the unusual fiscal and financial intermediary roles they have been fulfilling since 2008.
The crisis revealed institutional voids that the central banks filled quickly. Such ventures by central banks have been tolerated in the past too: there is nothing new about quantitative easing (QE). The Fed practiced it during the 1940-51 under the Treasury's explicit command, though the technique had no name then.
On a TV above the blue neon-lit bar in Rangoon’s Tamwe Township, the hapless-looking Arsenal manager Arsene Wenger grimaced, sputtering an indiscernible obscenity, his hands resting forlornly on his hips.
Last night’s fight between Manny Pacquiao and Brandon Rios interested me from a boxing perspective but its real intrigue was what it suggests might be possible for another man – Floyd Mayweather, Jr.
... This is nothing new – in fact, gambling, centuries ago in Europe, was in the same position that boxing is in today– subsidizing another non-profitable sector. In their outstanding book A World Of Chance: Betting On Religion, Games, Wall Street, Reuven Brenner, Gabrielle A. Brenner and Aaron Brown write:
"The Contradictory Influence of Social Media Affordances on Online Communal Knowledge Sharing," Journal of Computer-Mediated Communication
Authors: Majchrzak, Ann; Faraj, Samer; Kane, Gerald; Azad, Bijan
Publication: Journal of Computer-Mediated Communication
Montreal’s celebrated Just for Laughs festival is arguably the world’s premier showcase for international comedy.
Founded in 1983, the annual summer festival attracts over two million people, and has booked thousands upon thousands of comics, pantomimes, and acrobatic acts over the decades.
Target's stock dropped 3.46 percent today after the retailer reported third-quarter net income dropped by nearly half.
... "The retail price in Canada is much higher, compared to the retail price in the U.S.," said Minha Hwang, a management professor at McGill University in Montreal. "The Canadian price is about 20 percent higher compared to the U.S. price."
Read full article: MPR News, November 21, 2013
"Whose Jobs Are These? The Impact of the Proportion of Female Managers on the Number of New Management Jobs Filled by Women versus Men," Administrative Science Quarterly
Authors: Cohen, Lisa E.; Broschak, Joseph P.
Publication: Administrative Science Quarterly
"Pursuing Career Success while Sustaining Personal and Family Well-Being: A Study of Reduced-Load Professionals over Time," Journal of Social Issues
Authors: Hall, Douglas T. Hall; Lee, Mary Dean; Kossek, Ellen Ernst; Heras, Mireia Las
Publication: Journal of Social Issues, December 2012
"Do Women Choose Different Jobs from Men? Mechanisms of Application Segregation in the Market for Managerial Workers," Organization Science
Authors: Barbulescu, Roxana; Bidwell, Matthew
Publication: Organization Science, May-June 2013
"Friend or Foe? The Effects of Contingent Employees on Standard Employees' Work Attitudes," The International Journal of Human Resources Management
Authors: Banerjee, Mallika; Tolbert, Pamela S,; DiCiccio, Thomas
Publication: The International Journal of Human Resource Management, 2012