His ringside seat account of the financial crash, when his pre-emptive actions at the Bank of Canada helped insulate the country from the worst of the crisis, along with his damning diagnosis of early 21st-century banking, are gripping. His argument that companies that are driven by creating an intrinsic purpose from which they derive profit fare best over time both for themselves and society is among the best summations I have read.
But the sweep and aim of Value(s) remains magnificent. It will help arm the best in business, finance and government and disarm the worst. The progressive cause has been advanced. The boy from Canada's Northwest Territories, still slightly incredulous at his own phenomenal career given his modest beginnings, done good.
Other things to check out:
Acrimony across the Pacific - A hostile meeting sets the tone for US-China relations | China |
LONG BEFORE it started, it was clear that the first high-level meeting between America and China during Joe Biden's presidency would be deemed a success only if it appeared to go badly. By this measure, both sides ought to be delighted with the show of mutual recrimination that they put on at their encounter in Anchorage, Alaska, on March 18th and 19th.
Such direct confrontation in public is highly unusual in the history of face-to-face diplomacy between China and America, which typically has been marked by platitudes with references to "frank" exchanges made in private. Yet the blustery rhetoric would have been familiar to anyone who reads the press in either country. Some analysts have suggested that the Alaska blow-up was just a display for domestic audiences.
Do looks matter in economics? | VOX, CEPR Policy Portal
Do looks matter in economics? Good-looking economists get better academic posts. Galina Hale tells Tim Phillips about surprising new research that challenges our assumptions about how departments rate and recruit candidates.
Tech companies predict the (economic) future – TechCrunch
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It's broadly based on the daily column that appears on Extra Crunch , but free, and made for your weekend reading. Want it in your inbox every Saturday morning? Sign up here .
Earnings season is coming to a close, with public tech companies wrapping up their Q4 and 2020 disclosures. We don't care too much about the bigger players' results here at TechCrunch, but smaller tech companies we knew when they were wee startups can provide startup-related data points worth digesting. So, each quarter The Exchange spends time chatting with a host of CEOs and CFOs, trying to figure what's going on so that we can relay the information to private companies.
Other things to check out:
Free exchange - Why two former central bankers are talking about trust | Finance & economics
A FTER THE global financial crisis, people asked whether economists had not misunderstood something important about markets. The trying experience of recent years has some figures broadening the question, to ask whether economists have not failed to grasp something crucial about people.
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Parts of Mr Carney's argument are echoed in another new book, by Minouche Shafik, director of the London School of Economics, who served as one of Mr Carney's deputies at the Bank of England. Baroness Shafik's book, "What We Owe Each Other", examines the role of the social contract and considers how changes in the global economy have undermined the function of the institutions societies rely on to keep the world a reasonably just place.
As U.S. Economic Outlook Brightens, Europe Fears a Cloudy Summer - WSJ
A rapid Covid-19 vaccination campaign in the U.S. holds the promise that millions of Americans can return to beach vacations, barbecues and road trips this summer.
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European Union governments had hoped that enough Europeans would be vaccinated in the early part of 2021 to loosen restrictions and allow for a relatively normal summer. For millions of businesses that have hung on all winter—especially in Italy, Greece and Spain, where tourism makes up a large chunk of jobs and economic activity—that would have been an immense relief.
Marietta College student to present economics paper at virtual conference | News, Sports, Jobs
MARIETTA — A paper by a student athlete at Marietta College will be presented at the virtual MBAA International Conference.
Katie McIlroy, class of 2021, of Circleville is an economics and political science major whose paper “How Do Misery Index Levels Impact Income Inequality within the United States?” will be presented during the virtual conference scheduled March 24-26.
“I was thrilled when I found out my paper was selected to be presented at the MBAA International Conference,” the 5-foot-9 forward on the Marietta College girls basketball team, said. “Dr. (Bizuayehu) Bedane had mentioned to me multiple times that I had the potential to be selected for this honor, and it’s almost serving as the culmination of my four years at Marietta College. I am proud of the work I submitted, and I am more grateful for the help I had along the
Grand Slam economics different but they too need oxygen - ATP chief | Reuters
MUMBAI (Reuters) - Holding Grand Slams in costly bio-bubbles may not be sustainable for a second season despite the financial edge the majors enjoy over other tournaments, ATP chief Andrea Gaudenzi has told Reuters.
The sport's big four tournaments have not been immune to the impact of the COVID-19 pandemic, with Wimbledon cancelled for the first time since World War II last year and the most recent editions of the other three held in bio-secure environments.
Happening on Twitter
Value(s) by Mark Carney review – call for a new kind of economics https://t.co/DJSuxsaODI GuardianBooks (from London) Sun Mar 21 07:18:32 +0000 2021
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