Renee Haltom interviews Jesse Shapiro on the topic of media bias and political bias in Econ Focus, published by the Federal Reserve Bank of Richmond (2nd Quarter 2017, pp. 24-29). The entire interview is worth reading, but here are a few points that caught my eye. The headings are my words, and the explanations are Shapiro.
Scaling a business or organization takes many skills. Probably the most critical is building and leading diverse and inclusive high performance teaGms. Sick care is no exception, where medical care teams are increasingly being urged to work with patients and their support teams as part of engagement and patient centered care models.
Predictions are hard under any circumstances. For starters, for predictions to be good (and predictive), they must rest on certain assumptions remaining stable. And, in our current world (economically, politically, environmentally, psychologically), stability is hard to find. We live in a "wobbly" world on all fronts.
Douglas Clement has a characteristically excellent "Interview with Lawrence Katz" in The Region, from the Federal Reserve Bank of Minneapolis, published September 25, 2017. The subheading reads: "Harvard economist on the gender pay gap, fissuring workplaces and the importance of moving to a good neighborhood early in a child’s life." The interview offers lots to chew on. Here, I'll just pass along some of Katz's thoughts on a couple of points.
Of all the table games at casinos, I’ve always had a preference for blackjack — in particular because if you play disciplined basic strategy and count cards and the casino doesn’t use a card shuffling machine but deals from a 6-deck shoe (plus another bunch of rules which I won’t go into detail with), you can get the odds to within 48.5% in favor of the player — meaning the house has its odds whittled down to 1.5% over a disciplined player.
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