Tag: Economic

Finance and Economic Viability Analysis in the Medical Area

In this first step of our guide, we delve deep into understanding the dynamic environment of the medical sector and how to strategically select a venture in this field. Economy: Scenarios of Constant Scarcity Viability Assessment: What? Defining what the venture aims to achieve. For wh...

Feelings Don’t Care About Economic Facts

We’ve talked in the past about the unreliability of polls that ask Americans to rate their feelings about the economy and economic issues. People’s perceptions of the economy and their own economic circumstances have always been complex but the dynamics are wonkier than ever. For one ...

Youthful Ventures: The Economic Power of Gen Z Entrepreneurs

Gone are the days when the word ‘entrepreneur’ was synonymous with gray hair, decades of experience, and a middle-aged demeanor. Welcome to the era of Gen Z — a generation brimming with fresh-faced innovators, tech-savvy visionaries, and an insatiable hunger to challenge the status...

What Barbie’s Dreamhouse Says About Your Future (and Economic Growth)

Are you on a career path to keep pace with the price of Barbie’s Dreamhouse? In the Malibu market the average price of a home in 1962 — which is when Mattel debuted the Barbie Dreamhouse — was $77,537. A “Barbie-style” house means one with three stories, single-car g...

Finance and Economic Viability Analysis in the Medical Area

In today’s complex financial landscape, effective regulation and fraud prevention are paramount. Let´s get into key pillars of financial oversight: the Sarbanes & Oxley Act, aimed at enhancing transparency and accountability in corporate governance, and the concerns addressed by the ...

Finance and Economic Viability Analysis in the Medical Area

Step 04: Risk Management — The process of identifying, assessing, and mitigating potential risks to minimize their impact on an organization’s objectives. Risk Mitigation: The Four Types Liquidity: The ease with which an asset or security can be converted into cash without affe...

Kershaw’s Insights: Economic Uncertainty and the Rise of Populism

On a same-day visit to both the Holocaust Museum and the National Museum of African American History and Culture (NMAAHC), my world view shifted dramatically. The urgency of history, coupled with the current political climate and social unrest, compelled me to write. The time for complacency is over...

WxUrbanization and Its Economic Impacts: Opportunities, Challenges, and the Future of Cities

Picture this: a sprawling metropolis where skyscrapers kiss the heavens, streets buzz with the rhythm of endless activity, and a mosaic of cultures blends seamlessly into a unified identity. Welcome to the age of urbanization — where cities become the epicenter of human evolution and economic ...

Global Economic Prospects

The prospects for the global economy are a function of convergence. While geopolitics drives economic volatility, societal shifts create uncertainty, and science and technology lead us down divergent paths. The World Economic Forum provided their thoughts in a recent article that look...

Our Economic System is Just No Longer Functional

Years ago I read something about the old, high-end Hilton hotels. Apparently, they were each built with an “Atrium” towards the top of the property where the Operations Director or General Manager would live. That always hit me as a bit too on the nose, so to speak: they were literally l...

The Simple Economic Theory That Explains Whether You’ll Have a Great Career

In the last post, I explained why focusing on irrelevant details obscures the true driver of professional success: career capital. But the connection between career capital and a great career isn’t always obvious. Why does the owner of a car dealership tend to make more than a nur...

The Future of Economic Growth

The future of economic growth is a topic of much debate and speculation. While there are concerns about the potential limits to growth and the slowdown in technological innovation, there are also reasons to be hopeful. This blog post explores the various factors that could impact economic growth, in...

The Importance of Superhero Comics in an Era of Economic Recession

In times of economic recession, it is natural to seek comfort, inspiration, and even escapism. While some may find these in a variety of places — be it literature, music, or cinema — superhero comics offer a unique blend of all three, presenting an unmissable source of hope and empowerme...

GCC Economic Update: Inflation in UAE, GCC countries set to spike this year

Inflation in the UAE, Gulf Cooperation Council (GCC) countries and the wider Middle East and North Africa region will spike this year due to an increase in food and commodity prices after the Russia-Ukraine war, say economists. “The UAE economy has had a strong start to 2022, with crude oil pr...

The Two Faces of Hong Kong: Debunking the Myth of Economic Prosperity

This is the bustling street of Tsim Sha Tsui. Neon signs flash high-end brand names, and tourists pose in front of the iconic skyline, their faces lit by the Symphony of Lights show that dances across Victoria Harbor. Move to Central, where the skyscrapers seem to compete for height and grandeur. Th...

A Cage Home In Hong Kong Can Cost The Same As A House In The US

Hong Kong was designed to be Company friendly with a low tax requirement. It has one of the world's highest degrees of corporate economic freedom. The economy is governed under positive non-interventionism. Hong Kong’s gross domestic product has grown more than 200 times, and t...

Is This The Perfect Storm? Miami’s Hotel Sector Faces a Confluence of Economic Challenges

In recent times, the hotel industry in Miami has found itself in the eye of a perfect storm, facing a confluence of challenges that have significantly impacted its operational and financial stability. The aftermath of relentless hurricane seasons, a sharp decline in Average Daily Rates (ADR), soarin...

Miami’s economic future depends on doing these three things well

In thinking about Miami’s economic future, it’s hard to imagine a moment when our community has been more strongly positioned for success. Companies and people have flocked here during the pandemic. Years-long efforts to build Miami’s art and cultural life, revitalize its urban cor...

Is the Economic System Incompatible with Climate Action?

Many years ago, I was working in a junior position at a global information services provider. It was a few afters after the Y2K hype had died down and my task was to convert hard copy manuals into electronic versions. Naturally, this had to be done via software and on one particular day, it cause...

Achieving Sustainability: A Call to Redefine Our Global Economic Model.

After 10 years working in the corporate sector as a senior management and expert consultant, I have lost complete faith in the current economic paradigm’s ability to resolve the sustainability crisis it has caused. Here are some of the reasons: 1- Improving social and environmental co...

Economic Shockwave: Envisioning 2025 with 1982-Style 18.6% Mortgage Rates

That’s dramatically lower, actually. But 18% mortgage interest rates in late 1982 meant that even with the far lower median house price of $69,300, a homeowner’s monthly payments were high, and “Total Interest Paid” over the lifetime of the mortgage was&nbsp...

The $980 Billion Multifamily Economic Bomb

I used to have a joke with a couple of my friends that if you ever went to a business networking event, or joined a “Masterminds” call, 75% of the guys in there would mutter something about being “in multifamily.” From about 2010 on, it was one of the easiest ways for guys to...

Economic Shockwave: Envisioning 2025 with 1982-Style 18.6% Mortgage Rates

Median house prices were lower back in 1982. $69,300 in 1982 vs. $420,000 today. That’s dramatically lower, actually. But 18% mortgage interest rates in late 1982 meant that even with the far lower median house price of $69,300, a homeowner’s monthly payments were&nbsp...

Avoiding the Economic Catastrophe of Getting Old

There is a retirement catastrophe in the making and no one is talking about it. The facts are clear, for fifty percent of people age 65, the older you get the worse your economic condition is likely to be. Of course, if you have a pension or a sizable retirement account, that may not apply to you...

Trans economics: The cost of transition

When exclusionary feminists demand that we consider the kids and stop child mutilation, they forget that most trans adults have the similar narrative: they knew their gender identity from an early age and if they could have transitioned young they would have. That most trans folk do not is due to a ...

The Crucial Role Of Logistics In Economic Growth And Job Creation

n today’s interconnected world, logistics plays a vital role in driving economic growth, facilitating trade, and supporting overall development. As a key pillar of any economy, the logistics sector is responsible for the efficient movement of goods, information, and resources. Not only does it...

Economic Impact of Self-Driving Cars

One thing remains a fact; the introduction of autonomous vehicles (affiliate) to our economy would mean a never-seen-before-kind-of economic disruption that threatens to be reflected in most sectors of the economy. From credible sources, by 2030, there would be a total sale of 30 million e...

“Trash” Knows No Color or Economic Boundary

So. “White trash.” In the past, whenever I heard this nasty slam, I’d cringe inwardly. To me, calling people “trash” for not having enough money to keep up with the Joneses and live in a neat, little cottage surrounded by a white picket fence, sickened me. What&rsquo...

“Trash” Knows No Color or Economic Boundary

So. “White trash.” In the past, whenever I heard this nasty slam, I’d cringe inwardly. To me, calling people “trash” for not having enough money to keep up with the Joneses and live in a neat, little cottage surrounded by a white picket fence, sickened me. What&rsquo...

Is the Economic System Incompatible with Climate Action?

Many years ago, I was working in a junior position at a global information services provider. It was a few afters after the Y2K hype had died down and my task was to convert hard copy manuals into electronic versions. Naturally, this had to be done via software and on one particular day, it cause...

Beauty, Furniture, Economic Botany: Plants On Your Plate and Everywhere Else!

A multitude is contained in the plant kingdom weaving its roots through the very fabric of our existence. As plant-based eaters, the importance of plants in our lives cannot be overstated. Plants are our fuel. If we look beyond simply food, we see the many ways plants enrich and improve our lives. C...