Archive for September 2015

The End of the Material World?

In the 1980s, Madonna sang about being a material girl living in a material world. Following the economic slump of the 1970s, the ’80s came to be known as “The Decade of Excess,” featuring a sustained period of low unemployment and strong economic growth. It was an era of big hair, big shoulder pads and…

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Gaining Interest in the U.S. Economy

The Federal Reserve doesn’t just raise interest rates on a whim. While a steady economy and improving unemployment rates have many convinced a rate hike is in order for the United States, there is plenty of reason for the Fed to play it safe before issuing an increase. Some say low interest rates have helped…

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The Shame Game: How Much Does Peer Pressure Motivate Us?

The globalized age of the Internet has deepened an already uncomfortable fact of human society: shame. Classroom bullying has migrated to text and social media. Business reputation is more Yelp or Angie’s List than word of mouth. But how much does the power of public shame actually affect our behavior?   There is dissent over how…

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Growth: A Product of Planning and Sharing

We all want the magic key to growth. From growing our personal wealth to business growth to national gross domestic product, Americans are obsessed with figuring out the perfect growth formula. Unfortunately, the reality is there is no magic solution for any of these areas. Numerous factors interplay to contribute to growth, adding up to…

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Flipping the Script on the Gender Pay Gap

Despite increased efforts to narrow the financial gap between men and women, there’s still no shortage of cultures that prioritize males when it comes to divvying up the monetary spoils. In China, when divorcing couples can’t agree on how to divide their assets, the family home typically goes to the men, even though Chinese women…

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