Monthly Archives: October 2014

How to Thrive in an Environment of Chaos

In the mid 1950s the career success resulted from the following: Getting a “good” university education Going to work for a large company with a solid career track Staying there for 40 years or so, climbing the corporate ladder Retiring in comfort … Continue reading

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How to Become a Fat Cat

Income inequality and wealth inequality are emotion-laden topics discussed in great detail on public radio, in universities and various economic forums. Why are these topics suddenly so popular? Economic growth is stagnant in western Europe – which is teetering on recession – and tepid … Continue reading

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Common Sense Inventing

Most people apply economics in making important life choices. For example, in choosing between two appealing job offers, most tend to choose the one that pays more. When purchasing a new car, people generally pick a vehicle they like that falls within … Continue reading

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Inventors and the Digital Economy

Much has been written about the digital economy: job losses caused by technology advances and wage stagnation for middle income workers. A recent article in The Economist highlighted this challenge. Corporations are pressured to increase productivity and profits while reducing costs. One way … Continue reading

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Why Inventors Matter

Less than 5% of all patent holders profit from their invention. Almost everyone knows someone who invented something, but never got any traction or success from their concept or idea. Big innovative technology companies like Apple, Google, Facebook and others have … Continue reading

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