Want to Attract Millennial Females? Give Them the Chance to See the World

Millennial women want to launch global careers but companies are missing the boat by not giving them what they want. That’s one of the most interesting points I found from reading the new study by consulting firm PwC on talent pool of Millennial women, published just in time for International Women’s Day, which is tomorrow […]

Yes, Negative Interest Rates are a Thing Now

Way back when I studied economics, I don’t actually remember learning what a ‘negative interest rate’ was. In fact, even a few years ago when I taught graduate-level economics (a whole other post), I don’t remember it being in the curriculum, or even being asked about the topic. That was then, however. These days, negative […]

Is it the End of the Party for Global Growth?

Was it all big one fun, Technicolor roller-coaster ride never to repeated? The economic growth of the past fifty years was awesome, at least in a historical context. Question is, was it a one-time-only, and are we destined to go back to the sluggish economic pace that the world experienced before then, and which is […]

Expedit Bookcases and Swedish Meatballs Might Go Uptown

If Ikea says it’s a trend, it must be a trend. The giant furniture retailer known for its affordable products as well as its make-a-day-of-it-and-eat-the-meatballs approach to shopping, is thinking of changing strategy. Noting that tight budgets mean people do not want to shell out for fuel to drive to suburban stores, the Swedish group […]

Exciting News from the Bank of Canada (No, I am Not Making a Joke)

I have to admit, following the antics of the world’s central banks has been a bit of a bore the past few years. Since the end of the financial crisis (no, we are no going to debate whether there is a still a crisis going on), central banks have basically left interest rates at crazy- […]

Growth, Education and Income Inequality

Want to deal with the problem of income inequality? The answer is not, as many argue, to simply do a Robin Hood steal-from-the-rich-and-give-to-the-poor thing. According to a new study by the International Monetary Fund (IMF) , the best way to deal with inequities is to build strong economies, then use some of the newly created […]