Most American’s (including politicians) don’t know what a currency war is, why the media is focused on it, how world currencies are connected, how China is involved, or what the implications of such an economic war would be. Why care? If you’re an American who wants your job back, or who wants to keep your…read more
Do They Really Think We’re That Stupid?
Thursday, August 26th, 2010
I don’t know about you, but I find it a little disturbing when I see politicians stand up and say that the administration’s entire economic team should be fired because they haven’t created enough jobs. First of all, governments don’t create jobs, businesses do. Secondly, governments can create environments that promote jobs, but its effectiveness…read more
Haiti: The Western Hemisphere’s Greatest Potential
Sunday, January 24th, 2010
This post is dedicated to the tens of thousands of Haitians who have lost their lives; to those who will undoubtedly loose their struggle in the coming weeks; to my friends and colleagues at Aimer Haiti and to the wonderful creative economic development ideas we were working on that now mean more than ever before. …read more
Rebuilding Haiti – A Unified Strategy
Monday, January 18th, 2010
When you see the level of response from the US and nations around the world to the tragic earthquake that rocked Haiti only a few days ago, it is hard not to feel proud of the quality of global citizenship displayed by so many. Individuals and organizations have been sent to help with security, medical…read more
What Does the Debate on Climate Change Have to do with 21st Century Business Models and Global Economic Development?
Friday, December 18th, 2009
The short answer is EVERYTHING. The long answer is what this post is all about. These are three of today’s most pressing issues that are all too often discussed in a vacuum. The best progress will be made at the margins where each of these pressing issues overlap. When we begin to see them each…read more
Looking for Profits in All the Wrong Places
Wednesday, December 2nd, 2009
Investment comfort in the world of high finance all too often comes from fast profits in known and proven markets. The never-ending game of offering higher profits at lower [apparent] risk to attract capital was certainly alive and well before the global economic crisis. The question is, why does it appear to be coming back? …read more
Can the US be the Kind of Leader the World Needs?
Tuesday, November 17th, 2009
It depends really on the US’ ability to recognize that the type of world leader required in the last century is quite different than the world leader that is needed in the 21st century. Just as in business, what qualifies as effective leadership changes over time as the constituents being led change not only demographically,…read more
From Linear to Exponential: A Lesson from the World Business Forum
Tuesday, October 20th, 2009
One of the most important lessons from this year’s World Business Forum in NY, is the need to update our business models for the 21st century. Believe it or not, most of today’s business models are based on how the military and large industrial companies were managed over 100 years ago. Gary Hamel’s presentation, in…read more
Is Less Risk Really the Best Business Strategy?
Tuesday, September 22nd, 2009
Was it really the amount of risk taken in the past few years that triggered the financial crisis, or might it be the type of risks taken that are the real culprits? Perhaps, a simple case of too many eggs in one basket for too long? Yes, banks kept piling on debt securities from residential…read more