29 12 / 2013

Intriguingly, returns to skills are systematically lower in countries with higher union density, stricter employment protection, and larger public-sector shares. That is from Eric A. Hanushek, Guido Schwerdt, Simon Wiederhold, and Ludger Woessmann, the NBER paper is here.  There is an ungated OECD version here.

via Marginal Revolution http://ift.tt/J9n8rP



via Brujis’ Blog http://ift.tt/1c82Cy3

29 12 / 2013

Only if there’s something for everyone in the deal.

via HBR.org http://ift.tt/1ij0SKI

28 12 / 2013

28 11 / 2013

The subtitle “Only a few countries are teaching children how to think” is a bit misleading, as the article doesn’t address critical thinking skills vs. traditional arithmetic and literacy, but it’s interesting nonetheless.

27 11 / 2013

Alan Watts in comic form

27 11 / 2013

This piece is quite profound.  Denning suggests that Porter defined business as a zero-sum game and therefore created strategy frameworks for how businesses could capture a bigger share of the pie (“sustainable competitive advantage”).  Denning says there is no such thing as sustainable competitive advantage, and firms need to focus on delivering more value to customers and on innovation. 

The “profit potential of an industry” turned out to be, not a fixed quantity with the only question of determining who would get which share, but rather a highly elastic concept, expanding dramatically at one moment or collapsing abruptly at another, with competitors and innovations coming out of nowhere.

27 11 / 2013

27 11 / 2013

Covers the calculation of the social cost of carbon and regulations to reduce ‘phantom loads’ from microwaves

27 11 / 2013

14 11 / 2013