There is a $4.4 Trillion shortfall hiding in plain sight inside public pension plans. Are we doomed to have it create a major financial crisis? Source: Knowledge @ Wharton The Time Bomb Inside Public Pension Plans
During the financial crisis, the price gap between Treasury bonds and notes became unusually large. Wharton finance professors David Musto and Krista Schwarz explain why. Source: Knowledge @ Wharton Violating the ‘Law of One Price’ in the Financial Crisis
Americans are paying more than ever in fees, which are tacked on to the price of everything from utility bills to concert tickets. These fees are quietly draining the wallets of middle-class Americans, author Devin Fergus argues. Source: Knowledge @ Wharton ‘Land of the Fee’: How Hidden Costs Hurt Consumers
The nation-state is broken but how should it evolve? The best new arrangement would be a combination of stronger global and local rule, notes this opinion piece. Source: Knowledge @ Wharton Nation-States Are Failing…Will a New, Feudal Order Replace Them?
The head of California Community Colleges discusses partnering with businesses to train and reskill the workforce and his role in reimagining the current education model through online learning. Source: McKinsey Adapting education to the demands of a rapidly changing economy: An interview with Chancellor Eloy Ortiz Oakley
Charlie Shaver led the carve-out of DuPont’s coatings business that created Axalta. Five years on, he talks about the steps he has taken to build an industry leader, and trends in the coatings sector. Source: McKinsey Launching Axalta: An interview with Charlie Shaver
How fast does it take for your website to load? You may not think about this question very often, but it’s arguably the most important aspect of your site. That’s because 47% of people expect pages to load in just two seconds or less. Failure to meet this benchmark will crush your conversions. In fact, 40% Read more about The Top 10 Principles That Boost Your Website Loading Time[…]
It will take more than policy changes and government persuasion to reverse the mindsets of one-child families built over nearly four decades, experts say. Source: Knowledge @ Wharton Can China Recharge Its Population Growth?
New Wharton research suggests the heated immigration debate often overlooks the effect immigrants have on capital investment, innovation and firm operations. Source: Knowledge @ Wharton Where Immigrants Go, Economic Growth Follows
Rebecca Shambaugh, a leadership coach, says being too collaborative can actually hold you back at work. Instead of showing how well you build consensus and work with others, it can look like indecision or failure to prioritize. She explains what to do if you over-collaborate, how to manage someone who does, and offers some advice Read more about 644: Managing Someone Who's Too Collaborative[…]