Why did Europe go from a poor backwater to an economic and technological powerhouse? A major factor was its lack of any centralized government, and a large number of small competing states.
By being so dovish for so long, the Fed has greatly limited what it can do in case of recession without resorting to untried and radical solutions like negative rates.
Mayor Bloomberg is an antipopulist, and is thus, unlike Trump, a very polite and subtle authoritarian with alarming indifference to civil liberties and legal limits on his own power.
Hunter Hastings and Mark Packard discuss the value learning process, a new way of thinking about how to be a critical catalyst for a customer’s value experience.