Business Management Blog

We all know the main contributors to carbon dioxide emissions: Europe, the United States, China, India, and Russia. The sheer size of these economies — and the expected growth rates in the developing ones — makes avoiding an increase in global CO2 emissions unlikely in the short term. That’s why we need to manage that [...]

Robert Edward Turner III was born in Cincinnati, Ohio, in 1938. He was notable for eccentric and unconventional behaviour rather than academic excellence. He betrayed a penchant for taxidermy and catching squirrels in pillowcases. Then he was punished to issue demerits which required the recipient to walk a quarter of a mile. Turner earned over [...]

America’s highly touted productivity may be destroying its legendary enterprise and many of its powerful enterprises. Many of the claimed productivity gains in recent years have amounted to productivity losses. Imagine what would happen if you fired everyone in your company and shipped from stock: Working hours would disappear while output would continue. That would [...]

Retirees may soon have to worry about returns, not underfunding — thanks to the Pension Protection Act (PPA). The new law, coupled with FAS 87s restrictions on smoothing pension earnings over time, encourages fund managers to be more risk averse and to match the duration of a portfolio’s assets with its liabilities. And this so-called [...]