Buy local. If you live in a city, town or village you probably appreciate the local amenities. These include the local shops. If you want to preserve your neighborhood then buy local. Small independent stores and businesses are under siege and we need to support them if we care about preserving our neighborhoods. Let’s imagine a densely populated city like…
Tag: economics
The World is Not Flat: The New Economics
In a new book, The Venturesome Economy Amar Bhidé challenges The World is Flat notion proposed by Thomas Friedman in his book of that name. Bhidé concludes that: a.) the world is not flat and b.) that the people he calls the “techno-nationalists”— have got it wrong. (At the very least we could agree that the world is spiky) Read…
The financial storm
“Understanding the Economic Crisis in Plain English” – that was the title of the presentation for grades 7-12 today. In his lively and most informative presentation PDS parent and trustee Bruce Judson explained the origins of the current financial crisis. His talk set out the dominoes of the events that led the way. You can see the presentation yourself at…
Human capital, stars aligned and the wise owls
On the way home tonight I heard Robert Reich on NPR’s Marketplace. The topic was Human Capital. The one sentence summary: Failure to invest in human capital (i.e..education) is shortsighted and counter-productive. Basic idea: Our future competitiveness and standard of living depend on our collective skills, capacity to communicate and solve problems, and innovate. They do not depend on our…