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Secular Stagnation


The debate between Joseph Stiglitz and Lawrence Summers Secular Stagnation In this BigPicture debate, Joseph E. Stiglitz argues that Summers's theory has been invalidated by the effectiveness of today's fiscal stimulus policies – and that the Obama administration should have doubled down on them when it had the chance. Summers responds that Stiglitz has mistakenly

The Aramco


The Aramco accounts: inside world's most profitable company It's a cornerstone of the global economy, producing and selling 10 million barrels of oil every day. Yet for four decades the financial performance of Saudi Aramco has been one of the biggest secrets in global business, limited to a tiny circle of

You’re the product…

Soc Nets

Over the past several days, lawmakers and pundits have professed shock and anger over the actions of Trump campaign contractor Cambridge Analytica, a political consultancy, in scraping loads of personal data from Facebook. Many of these criticisms and attacks assume that the issue is unique and aberrant. But in reality,   But


SF Money

It's no surprise which metro areas topped their list of the highest salaries required. The San Francisco/Oakland region landed the No. 2 spot, only to be outdone by another spot in the Bay Area. San Jose and Silicon Valley earned top honors, where only households taking home $220,080 a year are

Understand That Time Is Your Primary Resource

life principles

Clayton Christensen is a world-renowned professor at the Harvard Business School. His work on innovation has been at the forefront of how business, health, and educational organizations have built their competitive strategies for two decades. In 2010, the Harvard MBA class of the year invited him to speak at their graduation. It was in

Dow plunges 1,175 pnts


Dow plunges 1,175 -- worst point decline in history The drop amounted to 4.6% -- the biggest decline since August 2011, during the European debt crisis. But it was nowhere close to the destruction on Black Monday in 1987 or the financial crisis of 2008. Still, for investors lulled to sleep

FB and cryptocurrencies

e-money BC Gold

Agence France Presse, Washington, Jan 31 2018, 14:31 IST Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams. The social media giant said it is barring ads for "financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options,

Why the cryptocurrency miners


... are purchasing all the high-end graphics processor? At a computer store in downtown San Francisco, a five-shelf cabinet normally filled with graphics cards — popular add-ons that soup up PCs — stands bare. It’s a strange but true sign that the cryptocurrency craze is bleeding into the real world — with