A Manifesto for Just Capitalism – 07/25/17
Article by Professor Philip Kotler proposes a Manifesto for Just Capitalism that commits to steady economic growth for low income individuals and producing wealth for the many, not the few. It outlines ten points to achieving these goals.
Why warmth is the underappreciated skill leaders need – 07/24/17
Article explains that leaders who show high levels of “interpersonal warmth” have a greater opportunity for long-term success, quoting Professor Loran Nordgren. “Warmth is the differentiating factor. If you’re seen as low-warmth, you have something like a 1-in-2000 chance to make the top quartile of effectiveness as a leader.”
The Wall Street Journal
Board Practices Hurt Banco Popular, Experts Say – 07/24/17
Article discusses the bank run that occurred in June leaving Banco Popular Espanol SA close to collapse. The article argues that the problems of the Spanish lender ran deeper than this incident, quoting Professor James Shein. “Almost 100% of time there are bank failures, first there was a governance problem.”
GOP Leaders Still Insisting Repeal Won’t Take Health Care Away From Millions – 07/23/17
Article explains how some government leaders are skeptical of the Republican party repeal of the Affordable Care Act because the Congressional Budget office has projected that the GOP proposal would mean 22 to 32 million people would lose health insurance. Professor Craig Garthwaite was quoted saying, “Saying that all of the insurance losses the CBO attributes to repealing the mandate are the result of individuals not being ‘forced’ to buy insurance is at best incomplete and in reality quite duplicitous.”
Three Disaster Ads And What I Learned From Them – 07/21/17
Article by Professor Derek Rucker discusses that the failures in some advertising campaigns can teach others to avoid such mishaps in the future. Rucker goes on to note three failed television ads, and says that going forward brands must “maintain ownership of their brand, recognize the subjective of humor, and moderate their use of negative emotion.”
The New York Times
Why Women Aren’t C.E.O.s, According to Women Who Almost Were – 07/21/17
Article discusses that the stories of women in business who were in the running to become No. 1, but didn’t quite make it, show the overt and subtle resistance women still unexpectedly face when aspiring to power. Dean Sally Blount’s insight is noted in the article. “Data predicts that half or more of the women who earn an M.B.A this year will drop out of the full-time work force within a decade…That accounts in part for the low number of women who do reach the very top job, because fewer remain in the pipeline,” she says.
The Washington Post
Former CBO directors in both parties defend the agency after White House attacks – 07/21/17
Article discusses how former directors of the bipartisan Congressional Budget Office published a letter defending the agency after weeks of criticism from the Trump administration, quoting Craig Garthwaite about how these criticisms may be legitimate, the White House has gone further, with personal attacks on the agency's motives and credibility. “We should be looking to make good health policy. We shouldn’t be looking to make ideological health policy and then try to dress it up in fancy numbers.”
Why We Should Stop Expecting Trump to Be Honest – 07/20/17
Article by Professor Kent Grayson takes a look at the implications if President Trump were completely transparent regarding his possible ties to Russia. Grayson notes that if Trump were to disclose completely all pertinent information regarding Russia there would be a heavy cost, amplifying suspicion and further heightening calls for his impeachment.
President Trump’s Steel Confusion – 07/16/17
Article by Adjunct Professor Phil Levy explains President Trump’s thoughts and plans for steel protection. Levy found two major misconceptions with Trump’s arguments. First, Trump suggests that his trade response will be a solution to foreign dumping of steel, while in reality it has nothing to do with that. Trump’s second major misconception is that China is the biggest importer of steel to the United States, when they aren’t even in the top ten.
Crain’s Chicago Business
Obamacare’s pocketbook problems made worse in GOP health bill – 07/14/17
Article discusses how the latest Senate Republican health bill does little to address the concerns about patients spending too much of their own money on health care, quoting Professor Craig Garthwaite on how the new bill allows states to have more say in how they spend the money they are given, making it harder for low-income people to be covered by the plan.