The cost of complexity in supply chains
Adam Smith, the father of modern capitalism, famously thought that fair markets required a common moral framework between buyer and seller. That’s no surprise, considering that his ideas came out of the 18th-century marketplace, in
One of the costs of these supply chains has been the rise of powerful corporate middlemen between home buyers and sellers. These middlemen, including Big Tech platforms like Amazon, make it possible for us to buy goods made
There are plenty of examples
The two big questions are how to create system change and
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Looking for an unforgettable way to celebrate that special occasion? Well, the range of options open to today’s youngster or even ‘oldest, for that matter,
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As the COVID-19 crisis spreads around the world, families worldwide are having a hard time
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Even Harry Markowitz, the US economist who won the economics Nobel Prize in 1990 for developing MPT,
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Study after study has shown that economic mobility--the term used to define people’s ability to move up the economic ladder--is a shadow of
So how do we fix it? My answer had been education. And there is a logic to that. As Western economies shift into a new gear--away from manufacturing and toward knowledge-based industries--education is essential
But in an article in the Atlantic, “Better Schools Won’t Fix America,” entrepreneur Nick Hanauer asks an interesting question:
“The
In other words, the best educational reform might be putting more money in parents’ pockets – not through some government program
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Globalisation has profoundly transformed the world. Changes in the sphere of economics, politics, and society have a great impact on our daily lives. Besides the numerous opportunities that globalisation
This round table will feature experts from different regions of the world,
In particular, the round table will analyse the changes in the structure and functions of the family
On October 18, world leaders came together in Beijing for an eye-catching forum to celebrate the
Chinese President Xi Jinping gave a speech at the opening. He said that over the past 10 years, plans of Belt and Road cooperation
“Bel t and Road cooperation was suggested