Wages, Wage-Price Spirals, Inflation, and the Echoes of History
Reflections on the November 2024 jobs data and a look at wage-price spirals - and how we've dealt with them - through the years.
Reflections on the November 2024 jobs data and a look at wage-price spirals - and how we've dealt with them - through the years.
Mounting evidence suggests that how companies manage their people is just as predictive of financial success as what they sell.
Human beings are, naturally, attracted to shiny and new. But could breaking this structural component to turnover be the key to improving retention at companies?
Applying the principles of marginal utility of income, the Easterlin paradox, and Kahneman's prospect theory to the idea of employee raises.
A $1 trillion disruption is coming to the storytelling, filmmaking, and advertising industries on a global scale. That's the power of OpenAI's new technology. Let the battle begin!
From 1.25 billion chicken wings devoured to $13 billion in economic impact, the Super Bowl is a cultural juggernaut fueled by massive viewership, eye-popping ad dollars, and passionate fans.
As a capitalist, my perspective is that it was fair compensation for the risk involved. High risk, high reward, right?
Everyone has a soft spot for Disney. Despite its rich history, Disney faces challenges, including a succession issue at the top, struggling business lines, and debates about its cultural stance.
In a world where Elon Musk's Tesla is cutting costs to cut prices, Detroit's Big 3 are being hamstrung by labor strikes.
Moonshot has been a labor of love, but my co-author James Philip Arbuckle and I have put together what we think is the ultimate field guide for the modern business professional.
Instacart filed its IPO paperwork at the end of last week to much anticipation. But certain unit economics of the business should raise alarm bells.
Competitive pricing is great for consumers, yes. But for shareholder value, we need to ask a different question.