Tags : economics

Experts Quibble While the Economy Churns

The new year is a time of renewal and reflection. Looking back on the past 12 months and ahead to next 12 like the Roman god Janus for whom the first month is named. And while many are making resolutions and finding fertile ground for what comes next, economists are plowing old fields debating how […]Read More

Federal Reserve Takes a Novel Approach to New Technologies

Quietly and with little fanfare, the Federal Reserve Board recently created a new department to deal with new technologies that could have an impact on the safety of the banking system. The Novel Activities Supervision Program is the central bank’s answer to the challenges from a range of different issues, including distributed ledger technology, tech-driven […]Read More

AI is Taking Over Business Slower Than You Think

With all the buzz surrounding artificial intelligence, you would think AI systems are taking the business world by storm. You would be wrong. Despite the message that businesses need to jump on the AI bandwagon or get left behind, less than 4% of companies currently use the technology to produce goods and services, according to […]Read More

Time to Jump on the Semiquincentennial Bandwagon

With the holiday shopping season in full swing and consumers spending more than $10 billion over the so-called Cyber Weekend – a nearly 8% increase compared with 2022 – forward-looking companies are already looking ahead to what 2024 will bring. But they aren’t thinking far enough ahead. In less than three years, America will celebrate […]Read More

Boisterous Praise for Business Cliches

Business professionals are encouraged to “think outside the box,” while at the same time being admonished by success coaches, consultants and bored journalists for talking inside the box with trite cliches and pithy aphorisms. But there’s no reason to push the envelope on business communication when there is a rich trove of language on the […]Read More

Covid-19 and the Entrepreneurial Revolution

There have been many revolutions in human history. The development of the printing press in the mid-15th century launched the Communications Revolution. The adoption of steam power to machines spawned the Industrial Revolution in the 18th century. And the advent of computer technology in the mid-20th century brought the Digital Revolution. In much the same […]Read More

Does the FTX Verdict Signal a New Day for Cryptocurrencies?

Analysts and pundits are applauding the guilty verdicts against cryptocurrency exchange founder and CEO Sam Bankman-Fried as a new day for digital currencies. But contrary to the Osmond Brothers’ belief that one bad apple don’t spoil the whole bunch, Bankman-Fried’s conviction on seven counts in relation to misuse of customer funds and the eventual collapse […]Read More

Welcome to the Perpetual Holiday Shopping Season

It’s that time of the year again. With ghosts and goblins making their brief appearance before vanishing back into the night, the holiday calendar is filling up. While many are focused on the Big Four — Thanksgiving, Christmas, Chanukah and Kwanzaa – retailers are focused on the shopping trifecta of Black Friday, Small-Business Saturday and […]Read More

Census Bureau Report Shines a Light on Entrepreneurial Success

If there’s a bat signal for entrepreneurs, it is surely shining in the skies over the Sunshine State. According to research from The Digital Project Manager, Florida is the most entrepreneurial state in the nation. The study measured several factors to determine how entrepreneurial a state is and assigning them an Entrepreneurial Index Score. The […]Read More

Looking at the Economy from Both Sides Now

There must be something in the water at the Distinguished Speaker Seminar at the European Economics and Financial Center in London because Federal Reserve Board Gov. Christopher Waller gave a distinguished speech with a heavy dose of British understatement. Under the title “Something’s Got to Give,” Waller deftly avoided drawing substantive conclusions about the path […]Read More