Andrew Graham | February 13, 2019 As Canada’s federal government starts looking for a replacement for its failed payroll system and the Ontario provincial government launches yet another major shake-up of its health-care system, it’s useful to remind decision-makers of a long history of failures in major public sector implementations. Research from around the world… Read More »
By Kevin Judge | February 5, 2019 In a NY Times op-ed today, Senators Charles Schumer and Bernie Sanders came out with a brilliant idea. They propose that we should limit, by law, stock buy backs to socially responsible companies that meet government specified wage and benefit requirements! Stock buy backs are when a public… Read More »
By Richard Brody | February 4, 2019 On a recent vacation, in Puerto Plata, in the Dominican Republic, I noticed, the cost of gasoline, at the service stations. In a nation, where incomes are relatively low, it struck me, how high, gas prices were. In that nation, I wondered, how, anyone could afford, paying the equivalent of about,… Read More »
By Nisha Bellinger and Byunghwan Son | February 4, 2019 Democracy is at risk worldwide. And the economy may be, too. Seventy-one out of the world’s 195 countries saw their democratic institutions erode in recent years, according to the 2018 year-end report by democracy watchdog Freedom House, a phenomenon known as “democratic backsliding.” Signs of backsliding… Read More »
By Kevin Judge | February 1, 2019 Spectacular job and wage report this morning! For the second month in a row new jobs are 80% higher than the consensus forecast. Anyone betting on a recession this year has got the wrong horse. I have a close friend who’s a senior manager are a major Financial… Read More »
By Thomas Gilbert | January 31, 2019 The Federal Reserve policy equivalent of a sharp 90-degree turn. On Jan. 30, the U.S. central bank signaled that it was done raising benchmark interest rates after two years of aggressive rate hikes. As such, the Fed held its target rate steady at a range of 2.25 percent… Read More »
January 30, 2019 President Donald Trump plans to deliver an “aspirational” and “visionary” State of the Union address on Feb. 5, calling on Congress to work with him on bipartisan issues like infrastructure and health care. The speech was delayed by a week after Speaker of the House Nancy Pelosi disinvited Trump until he ended… Read More »
By Jennifer Johns,| January 22, 2019 Global leaders have descended on the Swiss ski resort of Davos for the World Economic Forum’s annual meeting. This year’s theme is “Globalisation 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution”. On the agenda is how countries can respond to and shape changes in… Read More »
By Jordan Schoenfeld| January 18,2019 The creation of the index fund in 1975 revolutionized investing, lowering costs for millions of ordinary investors. Their inventor John Bogle died on Jan. 16 at the age of 89. Bogle took a complex universe of thousands of stocks and reduced it to a simple, singular entity, the index fund. Through… Read More »
By Peter Hilsenrath and David Wyant | January 18, 2019 Since his winning presidential campaign, Donald Trump has been repeatedly billed as a disrupter. From trade and foreign policy to immigration, Trump has consistently tried to shake up the status quo. As experts in health care management and policy, we believe the president should now focus… Read More »