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When a government spends beyond its means, the options for paying for the spree are unattractive. It can burden the populace with higher taxes, or it can wipe out a portion of creditors' wealth by inflating the money supply, repaying debts with a debased currency. Or it can do both. The United States is avoiding these choices by borrowing enormous sums, bringing federal debt to almost $17 trillion, at interest rates that the Federal Reserve has managed to keep very low. For now.
-Article by Reuven Brenner and Martin Fridson
Professor Nancy Adler held the second Learning Studio with managers who are taking the Leading Strategic Innovation MOOC in Bled, Slovania.
Read full article (in Slovenian): Si21, March 20, 2013
Related article (in Slovenian): InStore, March 20, 2013
If students could complete their education a year faster, the many benefits would include increased personal wealth, decreased government spending, and more sustainable entitlement programs.
Entrer dans le marché boursier quand il va bien et en sortir quand il va mal, ou l’inverse, est au cœur de la stratégie de synchronisation du marché. Il existe plusieurs façons de tenter de surpasser le marché et de déjouer les indices, mais toutes comportent leurs risques, à la fois au plan du rendement, de l’économie et de la société.
The late-January unveiling of a project by American rail-freight giant CSX to build a new $93.3-million intermodal terminal near the Quebec port of Salaberry-de-Valleyfield warmed the hearts of local stakeholders on one of the coldest days ever recorded in Central Canada.
… For his part, McGill University business professor William Polushin sees the new terminal project as a sound business investment for CSX, Valleyfield and the province.
Ever wonder if your firm's technology is holding it back? You may want to take a look at how well your IT tools play with others. A company's agility depends heavily on the integration of its technology, according to recent research by Salman Nazir and Alain Pinsonneault of the Desautels Faculty of Management at McGill University. They found that technology can help firms handle opportunities and threats with greater ease, speed and dexterity only when the applications in play are able to work as a functional whole.
Women are underrepresented in high-paying jobs because they don’t apply for them, according to new research.
Workplace discrimination at the point of hiring is a factor but many women choose not to apply for higher-paying positions because of ‘preconceived notions’ of job roles.
Free markets are essential to the technological innovations that underpin rising levels of prosperity. In this sobering interview, though, economist Reuven Brenner expresses his concern for the future of free markets, at least in the near term.
Watch full interview: YouTube, March 12, 2013
Professor Karl Moore of the Desautels Faculty of Management at McGill University talks to Marina Treshchova, CEO of Fast Lane Ventures, Enterprises.
Read full transcript: The Globe and Mail, March 12, 2013
Last weekend St. Petersburg hosted a group of 37 business students and alumni from McGill University, Montreal, Canada, as part of the institution’s “Hot Cities” initiative.
… Speaking to the St Petersburg Times, trip leader Dr. Karl Moore, a lecturer in business leadership and strategy at McGill’s world-renowned Desautels Faculty of Management, explained that this trip was a chance for students to experience the global business environment first-hand.
A group of McGill students (Mohammed Ashour, Gabriel Mott, Shobhita Soor, Jesse Pearlstein and Zev Thompson) hope their plan to breed crickets for use as a viable food source will be a million-dollar idea. The five students will be up against teams from Harvard, MIT and Yale as well as other teams from around the world.
With his team, Mohammed Ashour, a Master's candidate at McGill University, won a regional championship of a special competition to have their proposal of crickets as a food source for impoverished countries presented to Bill Clinton and Barack Obama - and potentially win $1 million.
Watch full interview: Global Montreal, March 11, 2013
McGill University Desautels Faculty of Management students Jean Vianney Cordeiro, David Gao, Shirley Xu Wang and their team have won the 2013 National Ace the Case competition on March 2. Jean Vianney, David and Shirley’s team had earned the opportunity to represent Canada at the 2013 KPMG International Case Competition (KICC) in Madrid, Spain, coming up on April 2-5.
Leading management thinker Professor Henry Mintzberg delivered a lecture at IIM Bangalore as post of the EPGP seminar series. He spoke on ‘Rebalancing Society… radical renewal beyond, left, right and centre.’
Read full article: Bangalore Mirror, February 13, 2013
On Thursday, the Marcel Desautels Institute for Integrated Management and the Faculty of Agriculture and Environmental Science welcomed Charles Eisenstein for a discussion regarding his book “Sacred Economics– Money, Gift & and Society in the Age of Transition.” The presentation included a Q&A session, which was followed by a cocktail reception.
… Anita Nowak, Integrating Director of Desautels’ Social Economy Initiative, welcomed the audience to the presentation and invited student Mike Lepperd to introduce Charles Eisenstein.