Zack Proefriedt

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When You Start a New Job, Pay Attention to These 5 Aspects of Company Culture

When you join an organization, you have a short window of time to adapt to its culture. It’s the old 90-day rule. And we know too many talented individuals who have stumbled in their new company because they failed to read the cultural tea leaves. This happens because most organizations don’t …

The Secret of Self-Esteem

‘Confidence’ derives from the Latin <i>fidere</i>, ‘to trust’. Self-confidence essentially means to trust and have faith in oneself. It is our certainty as …

Self-esteem

The economist Joseph Stiglitz explains why he thinks the late Milton Friedman's ideas have contributed to rising inequality in the US

At the World Economic Forum's annual meeting in Davos, Switzerland in January, Business Insider CEO Henry Blodget made the case why it's time for a "better capitalism."<p>The current state of inequality in the United States, he explained, is largely linked to a reaction to 1970s stagnation that has …

Economics

Create a Growth Culture, Not a Performance-Obsessed One

Here’s the dilemma: In a competitive, complex, and volatile business environment, companies need more from their employees than ever. But the same forces rocking businesses are also overwhelming employees, driving up their fear, and compromising their capacity.<p>It’s no wonder that so many C-Suite …

Perfectionism Is Increasing, and That’s Not Good News

According to the World Health Organization, a record number of young people worldwide are suffering from serious depression or anxiety disorders. In some sections of society, there is a tendency to dismiss this trend as the product of an over-indulged, over-entitled, and over-sensitive “snowflake …

40 Years of Data Suggest 3 Myths About Globalization

Three beliefs about globalization have propagated since the early 1980s. First, that globalization leads to a reduction in global inequality. Second, that high income growth among the richest will lift the incomes of the poorest. Third, that there is no alternative to rising inequality without …

What the Argument Against Stock Buybacks Gets Wrong

It’s no secret that the American economy is suffering from the twin ills of slow growth and rising income inequality. Many lay the blame at the doors of America’s largest public corporations. The charge: These firms prefer to distribute cash generated from their businesses to shareholders through …

The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help

A little over a century ago, Henry Ford doubled the minimum pay of his workers to $5 a day. When other employers followed suit, it became clear that Ford had sparked a chain reaction. Higher pay throughout the industry helped lead to more sales, creating a virtuous cycle of growth and prosperity. …

Economics

The Economy Is Getting Hotter. Is a Productivity Boom Next?

Two of the most important facts about the global economy over the last decade are these: A giant financial crisis led to mass unemployment in many countries and years of disappointing growth. And despite a seeming barrage of technological innovation, productivity growth has been the weakest in …

How Demographics, Automation, And Inequality Will Shape The Next Decade

A new report says that by 2030, 25% of jobs will be automated–and without government intervention, income inequality will get even worse.<p>Income inequality has increased rapidly in the last few decades, as the gains from globalization, technology, and political changes have flowed largely to top …

It's time for America to embrace guaranteed income | Chris Hughes

We should provide a guaranteed income of $500 a month for every working adult who makes less than $50,000, argues Facebook co-founder Chris Hughes<p>Futurists love to debate when our economy will be thrown into turmoil by self-driving cars and robots taking our jobs. But when it comes to economic …

Retirement Planning

Income inequality and aggregate demand in the United States

Income inequality has been rising for decades in the United States. While there are many reasons why this trend may be concerning, one particular …

Economics

Policy Research Talk: Exploring the Second Strand of Behavioral Economics

Karla Hoff, Lead Economist in the Research Department of the World Bank, gave a talk on the Second Strand of Behavioral Economics on February 22, …

The limitations of Steven Pinker’s optimism

BOOKS AND ARTS<p>16 February 2018<p>Ian Goldin questions an oversimplified model for our complex era.<p>Ian Goldin is Professor of Globalisation and …