Helena Hill

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5 Behavioral Economics Principles Marketers Can't Afford to Ignore

<i>This is a contributed article by my colleague, Mukul Patki. Mukul has 10+ years of experience in Analytics and is one of</i> <b>Aryng</b><i>‘s instructor.</i><p>————————————-<p>Understanding the consumer psyche and the irrationality of the human decision-making process is key to developing winning value propositions or …

US economic growth is quickest in two and a half years

There has been further confirmation that the US economy is picking up.<p>The latest reading of GDP shows that between April and June it grew at its fastest pace in two and a half years.<p>The economy expanded at a 4.6 percent annual rate, better than the 4.2 percent earlier estimate, which did not take …

Do Academically Marginal Students Benefit from College? The Data Says Yes.

A study of Florida high-schoolers whose grades were just good enough for admission to a public university shows that higher education provided significant financial benefits for these students: 8 to 14 years after high school, their earnings were <b>22% higher</b> than those of peers who hadn’t gone to …

Most Creative Corporate Incentives

Gourmet school meals, exam incentives fail and classrooms of the future

Education round up: School dinners get a Michelin makeover in Manchester, culture not curriculum spells educational success in Asia and Tristram Hunt hits back at Cameron<p><b>Good week for</b><p><b>School dinners.</b> Top chefs Adam Leavy and Sukhdev Singh have swapped their jobs at one of the UK’s most prestigious …

Why Performance Incentives and Public Schools Don't Mix

We have always paid public servants a flat fee, untethered to any sort of "performance measures." That's because we want public service to be completely disconnected from any private interests.<p>Fighting Fire With Money<p>Imagine if, for instance, we paid fire fighters on sliding scale, based on how …

Education

How much is your coffee habit costing you?

There is the habit of caffeine and then there is the hobby of coffee. Knowing where you fall along this spectrum helps when deciding how much you should think about the Latte Factor.<p>The Latte Factor is essentially the idea that over time, habitual expenses add up to a large opportunity cost. This …

Coffee

The Standard of Living Depends on a Country's Production

Continued private-sector pay curbs point to further fall in living standards

Recovery faltering before wages have risen, TUC says, as survey of employers hints at pay rises no higher than 2%<p>Britain’s private sector employers plan to restrict pay awards to 2% over the next year, according to a report that casts doubt on forecasts that a six-year decline in living standards …

The Chart That The Fed Fears The Most

<i>Inflation, meh! Growth, bleh! Unemployment, whatever!</i> The terrifying news is that it seems, <b>despite the ongoing 'surge' to new all-time highs in</b> …

The Tradeoff Between Inflation and Unemployment: What We Don't Know Can Hurt Us

To assert that economists are having trouble figuring out the relationship between inflation and unemployment is like saying chefs can't figure out what to do with salt and pepper. It's that fundamental. Yet, we're befuddled, and that has powerful policy implications.<p>For example, a prominent macro …

Economics

Eurozone inflation drops to 0.3%, unemployment steady

Eurozone inflation falls to 0.3 percent, stoking fears of deflation © DPA/AFP/File Sebastian Kahnert<p>Brussels (AFP) - Inflation in the eurozone fell to 0.3 percent in September, the lowest for nearly five years, official figures showed Tuesday, signalling that the European Central Bank may have to …

Europe’s agony: Painfully high unemployment, inflation near zero

<i>These are stories Report on Business is following Tuesday, Sept. 30, 2014</i>.<p><b>Europe suffers</b><br>These are dark days for continental Europe.<p>Unemployment remains painfully high, while inflation is edging down ever closer to zero, according to the latest statistics today, adding more pressure to central banks …

Economics

Less is more: Resist the urge to raise too much capital

<i>This sponsored post is produced by Lighter Capital.</i><p>The momentous decision to seek funding to accelerate the growth of your company is often followed by nagging questions: <i>Am I raising too much capital? Too little? Just how much funding do I need?</i><p>Securing as much financing as you possibly can is a …

Better understanding global trade flows

Are Consumers Ditching Their Tablets For PCs?

Intel's latest financial figures released recently paint a rather rosy picture not just for the company as a whole, but for PC’s too. The humble personal computer has seen sales nose-dive during the last six years of financial problems, but sales of other devices, namely tablets and smartphones, …

How The iPhone And Oil Prices Are Propelling The Best U.S. Economy In Years

In our minds, the price of gas has an outsized impact. It’s hard to go more than a day or two without seeing what it costs to fill your car at a nearby station given the prominent price display. And lately that price has been headed in only direction — down. Thanks almost entirely to the roughly …

As Gas Prices Fall, Can Station Owners Fuel Sales Growth?

Gas prices that are below $3 a gallon may be great news for U.S. drivers, but they come as gas station owners face slowing sales growth and typically thin margins.<p>According to industry data from Sageworks, a financial information company, privately held gasoline stations (NAICS 4471) are barely …