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robertogreco : benbernake   4

The Economics of Happiness (Bernanke Commencement address) | The Big Picture
"Richard Easterlin showed that...[1] as countries get richer, beyond level where basic needs such as food & shelter are met, people don’t report being any happier...[2] once you get above basic sustenance level–on average, people in rich countries don’t report being all that much happier than people in lower-income countries. ... life satisfaction requires more than just happiness. Sometimes, difficult choices can open the doors to future opportunities, and the short-run pain can be worth the long-run gain. Just as importantly, life satisfaction requires an ethical framework. Everyone needs such a framework. In the short run, it is possible that doing the ethical thing will make you feel, well, unhappy. In the long run, though, it is essential for a well-balanced and satisfying life."
easterlinparadox  wealth  happiness  well-being  economics  benbernake  money  us  gdp  life  lifesatisfaction  ethics  satisfaction  balance  commencementspeeches  shrequest1  commencementaddresses 
may 2010 by robertogreco
The Builders' Manifesto - Umair Haque - Harvard Business Review
"What leaders "lead" are yesterday's organizations. But yesterday's organizations — from carmakers, to investment banks, to the healthcare system, to the energy industry, to the Senate itself — are broken. Today's biggest human challenge isn't leading broken organizations slightly better. It's building better organizations in the first place. It isn't about leadership: it's about "buildership", or what I often refer to as Constructivism. Leadership is the art of becoming, well, a leader. Constructivism, in contrast, is the art of becoming a builder — of new institutions. Like artistic Constructivism rejected "art for art's sake," so economic Constructivism rejects leadership for the organization's sake — instead of for society's. Builders forge better building blocks to construct economies, polities, & societies. They're the true prime movers, the fundamental causes of prosperity. They build the institutions that create new kinds of leaders — as well as managers, workers, & customers."
constructivism  innovation  business  economics  future  design  productivity  umairhaque  leadership  barackobama  middlemanagement  finance  2009  policy  politics  healthcare  creativity  motivation  work  management  administration  builders  organizations  value  evanwilliams  billgates  wallstreet  elinorostrom  matttaibbi  nicholaskristof  maureendowd  benbernake  mohammadyunus  statusquo  sarahpalin  nelsonmandela  power  thomasfriedman 
december 2009 by robertogreco
Safe Haven | The Robert Rubin and Ben Bernanke Death Embrace
"Bernanke: But you know the dollar is at an all-time low and people are running away from our currency? Rubin: I know, but don't worry. I've sold a lot of my shares in Citi, and I'm well diversified. I appreciate your concern."
robertrubin  benbernake  economics  us  money  policy  politics  investing  trading 
november 2007 by robertogreco

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