“Two Johns Hopkins University professors, Richard Conn Henry and Steve H. Hanke, an astrophysicist and an economist, have been advocating it for several years. As strange as earth time might seem at first, the awkwardness would soon pass and the benefits would be “immense,” Professors Henry and Hanke argue. “The economy — that’s all of us — would receive a permanent ‘harmonization dividend’ ”— the efficiency benefits that come from a unified time zone.” – Time to Dump Time Zones
“two-thirds of the economy’s 900-odd industries have become more concentrated since 1997” – The problem with profits
“What makes you most nervous about the future?
Debt. The idea that growth will remedy our debts is so addictive for politicians, but the citizens end up paying the price. The public sector has really stepped up as a consumer of debt. The Federal Reserve’s balance sheet is leveraged 77:1. Like I said, the absurdity, it just befuddles me.” – Michael Burry, Real-Life Market Genius From The Big Short, Thinks Another Financial Crisis Is Looming
“Eighty-eight percent of American women do not get paid for a single day or a single hour after they give birth.” – When Will We Stop Punishing Working Women for Having Babies?
“the proliferation of anti-discrimination policies since the 1970s has been accompanied by sharply increasing inequalities in the distribution of income and wealth” – How to build a fairer city
“In other words, sustainable innovation works as well as or better than disruption, but the U.S., thanks to figures like Prof. Christensen, wasn’t allowed to have it. Americans could have developed advanced skills for advanced manufacturing and services as did Germany, Japan, China, Sweden, et al, but nooo—economists and business theorists taught that it was uneconomical to invest in all the Tammy Thomas’s of the country so that they could “tinker” brilliantly for the sustainability of U.S manufacturing and its heartland cities.” – Christensen’s Disruptive Innovation after the Lepore Critique ~ Remaking the University
“Academics will learn that putting data online is not enough; the work should be carefully documented if allegations of impropriety are to be avoided. And the FT will sell a lot of copies of today’s paper, demonstrating that careful data analysis can be good for business.” – http://ift.tt/1t5Hcv0