It's not always easy to be a billionaire. In the United States, resentment against the top 1%, with their immense share of national income, helped spur the Occupy Wall Street movement and its slogan "We are the 99%." And that resentment is even more intense for the one-tenth of 1% who are on the Forbes 400 list of wealthiest Americans and earn more than millions of families … [Read more...] about How the Rich Can Help Poor Countries
Pride and Frustration on Women’s Day
Latin America and the Caribbean celebrate International Women's Day March 8 with a mixture of pride and frustration. Pride, because women have dramatically increased their level of education and their participation in the labor force. Frustration, because they still have trouble breaking through the glass ceiling into top managerial positions and continue to earn less than men … [Read more...] about Pride and Frustration on Women’s Day
The Miracle of Parenting Programs?
For decades now, researchers have suspected that investments in early childhood development pay off richly. That is because providing the right intellectual and emotional stimulation to children in their first years could open a new future. It may not only lead to smarter, more prosperous and more socially-adapted adults. It could generate more equality and productivity in … [Read more...] about The Miracle of Parenting Programs?
Seating Business and Government at the Table
Businesspeople seek as much as influence as possible over their government's productive development policies. From many points of view, this makes sense. Company executives experience firsthand the structural problems that prevent them from serving their clients better, accessing new markets and increasing productivity. They know where the information asymmetries lie. If they … [Read more...] about Seating Business and Government at the Table
Health Benefits from Social Media?
What does it say about someone that he frequently uses words like "idiot", "fake", or "bed" in his tweets? According to a recent paper and IDB seminar by Johannes Eichstaedt, his use of "idiot" signifies hostility or aggression; "fake", hate and interpersonal tension; and "bed," boredom and fatigue. Moreover, it means that he is more at risk for heart disease, a condition … [Read more...] about Health Benefits from Social Media?