Morning everyone. I apologize for missing a week of posts but I had to get acclimatized to the internship weeks. Waking up early and going to work while coming back exhausted. I had to get used to the new system after holidays…
Should be fine now.
1. [Video] Commanding Heights: The Battle of Ideas – Youtube [PBS]
I thought I would start on this considering it is my favourite documentary. It really emphasizes what economics tends to be when society or its politicians choose between a free market or a more constrained one.
This battle has raged on with the classical economists and many others that have come forth. I quite like Keyne’s ‘The End of Laissez Faire‘ because it really symbolizes people’s views after the disastrous financial crisis of 2008.
The battle of ideas always intrigues…
2. Federal Reserve and Current Policy – M. Labonte
A really nice paper that I was reading on my way to my internship. An easy read with basics on how the Federal Reserve works and its current policy initiatives. One way to get great papers to read for the future is to look for these papers and unearth the citations.
The citations provide a wealth of knowledge to carry on for your research. One way or the other, you will be able to be the life of the party (it does happen!) or be able to impress when writing a paper.
In the News:
1. Horses for breakfast? – Al Jazeera
Well, excuse me for the rather awful title, but some MPs are calling the UK horse meat scandal an ‘act of fraud’. It is claimed that horse meat was not as widespread as once thought however the retailers and the Food Standards Agency (FSA) are still under pressure for not being as vigilant in testing the meat for traces of horse.
1. Brain drain continuing to hurt – The Economic Times
The brain drain continues in India and it seems to be picking up. For you guys not familiar with the ‘brain drain’ it is where there is a large emigration of technically adept people as they search for better fortunes (or the promise of it).
The land of hopes and dreams a.k.a America seems to be garnering a lot of India’s talented people. If India does not stop this worrying trend then the human capital that can make a country so great will dwindle.
2. Join the Global Elite – G. Unruh & G. Cabrera [Harvard Business Review]
This is a fantastic paper on how to get into be the best international manager/global person. It takes a lot to be well versed in cultural differences and also be able to maneuver past them to make long-lasting relationships.
This paper shows you the way of doing so and I don’t wish to spoil it by detailing it for you. It is a really short paper with plenty of info. to keep you thinking all the way to work or back to sleep.
Important: If you do not have a Harvard Business Review account to read this I would strongly suggest signing up for a free online account where you get to see these blogs, 3-in-depth articles and other stuff every month. HBR provides plenty of articles to improve management, communication, leadership and plenty more attributes that are wanted by every business.
3. How to unmask an author – BBC
Well, I was quite shocked to find out that J.K. Rowling was the author of the book ‘The Cuckoo’s Calling’ and that it was rejected before as well. All that money was lost for so many publishers.
Prof. Millican of Hertford College in Oxford University was determined to find any similarities between the book and other authors. Read to find out the creative way in which he found ‘striking comparisons.’ between the new book and Rowling’s earlier writings.
Well, this is me getting back into the game and I hope you like this one. I promise to be a little less ‘flaky’ with future posts because what else would you do at breakfast?
Enjoy! Have a wonderful day.