Mind Over Money. Mind Over Money PBS Airdate: April 27, 2010 NARRATOR: Does raw human emotion dictate your financial decisions, or are we rational calculators of our own self-interest?
It's a bitter scientific debate that has real-world consequences. The crash of 2008 nearly collapses the global economy. Secret Fears of the Super-Rich - Graeme Wood. The October 2008 issue of SuperYacht World confirmed it: money cannot buy happiness.
Page 38 of “the international magazine for superyachts of distinction”—if you have to ask what it takes for a yacht to qualify as “super,” you can’t afford to be in the showroom—presented the Martha Ann, a 230-foot, $125 million boat boasting a crew of 20, a master bedroom the size of my house, and an interior gaudy enough to make Saddam Hussein blush. The feature story on the Martha Ann was published just as the S&P 500 suffered its worst week since 1933, shedding $1.4 trillion over the course of the week, or about 2,240 Martha Anns every day.
Making the Choice Between Money and Meaning - Umair Haque. Remind me: why is an average investment banker worth, say, a hundred times as much as an average teacher?
And why does a top hedge fund manager “earn” enough to pay for thousands of teachers? Witter / ? Global Talent Strategy. Why are Singapore and Hong Kong Facing Huge Talent Shortages in Finance?
Research from Robert Half shows that Singapore and Hong Kong Employers are struggling to find finance and accounting staff. Workforce is mobile Finance and accounting professionals are a mobile workforce, with less than one in six employees in Hong Kong and Singapore expecting to be in the same role with the same employer in two years’ time.
Yes Bank Limited : YES Bank’s YES Sahaj Micro-ATM innovation gets global recognition. Only Indian company to be awarded the 'Best Overall Mobile Lifeline Launch' at the Connected World Forum, held at Dubai 6th December 2012 Mumbai, December 6, 2012:YES BANK, India's fourth largest private sector Bank, is the only Indian company to be conferred with the 'Best Overall Mobile Lifeline Launch'award at Connected World ForumAwards, in Dubai.
The recognition was given for the Bank's YES Sahaj Micro-ATM,a frugal innovation, which leverages the computing power of a low cost mobile handset and basic GPRS connectivity to deliver essential banking services like cash deposit and withdrawals, in rural hinterlands. YES Sahajhas built-in stringent security features and can even function in areas with limited, intermittent GPRS connectivity. The Best Overall Mobile Lifeline Launch award category recognizes new launch of a Technology/service that holds tremendous scale up potential in future. YES BANK has won several international recognitions during FY 2012-13. Management & Organizations. "Big data in organization studies" Management & Organizations department brown bag, Ross School of Business, December 12, 2012.
"Inequality and Occupy" University of Michigan School of Information, September 21, 2012; Ross School of Business panel on Occupy Wall Street, February 8, 2012. "Re-imagining the corporation" University of Michigan School of Medicine, September 19, 2012; American Sociological Association annual meeting, Denver, August 18, 2012. "How is the field construct useful for organization theory? " Academy of Management annual meeting, Boston, August 6, 2012.
"What are organizations journals for? " "The twilight of the public corporation in the US" Business History Conference, Philadelphia, March 29, 2012. "How Wall Street reshaped America" Ann Arbor City Club, February 8, 2012. Finovate Fall 2012: Demo Performance Scores and Reviews. By the end of a Finovate, our brains go numb, one demo melds into the next, and we can’t quite remember what happened on Day 1.
And we include the night of Day 1 in that. But despite all that, we continue our tradition of shadow grading the Finovate demos. We don’t grade every demo, making accommodations for trips to the restroom, emergency phone calls from the head office, and, in some case, repeat demo-ers. With that caveat firmly declared, Bank Innovation’s grades for the Finovate Fall 2012 demos appear below.
Innovation in Africa: Upwardly mobile. Bristol businesses queuing up to join local currency scheme. As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep local wealth in local pockets with the launch of its own currency.
Fundrise. Move Over Startups: Crowdfunded Real Estate is Here. You could hear the Twitterverse shake when startup crowdfunding got passed via the JOBS Act.
Arthur Brock's Personal Web Site. Movenbank: You’ve Got CRED. Cambrian Explosion of Everything. Charles Eisenstein. I will give you some of my background, although the intense transitions of the last few years have left me feeling like a new person.
I was born in 1967 and was a very sensitive, intellectual and dreamy child. Why Crowdfunding Creativity Is Just The Beginning. Welcome - MicroEnsure. Jane Thompson: Banking the Unbanked, Looking for Company. Jane Thompson is not a banker. But during her nine years running Wal-Mart Stores Inc.'s financial services unit she did more than any single bank or banker in the country to develop and sell affordable financial products to low-income customers.
She did so while lowering the often predatory prices that consumers pay for cashing their paychecks, sending money to relatives and buying debit cards that can be used without checking accounts. Wal-Mart managed to make a significant profit on these services, despite the conventional banking wisdom that there is little money to be made from low-income customers. Now Thompson, who retired from Wal-Mart in June, is encouraging traditional bankers to follow her lead. For these reasons, American Banker has named Thompson its Innovator of the Year for 2011. Wal-Mart has always declined to discuss the profit or other details of its financial services unit. Media Lab: Design Ecology / Information Ecology. Financial sixth sense We have trouble controlling our consumer impulses, and there's a gap between our decision and the consequences. This is magnified by the digitization of money.
Trade and Cash Convergence: The Integrated Transaction Banking Plat... Banking the Unbanked: Prepaid Cards, Mobile Payments, and Global Opportunities in Retail Banking. Innotribe Startup Challenge 2012. Under savers anonymous. For the poorest of the poor, putting money into savings is no small challenge. Strategies like direct deposit, automatic 401k deposits and employer matching, and default contributions are not typically available to the very poor, who are often self-employed and don’t have formal, regular paychecks to redirect default savings from. Even small levels of savings have been shown to net large benefits to savers, and policymakers recognize that increasing the savings rate is an important means to improving quality of life.
Challenges in Banking the Rural Poor: Evidence from Kenya's Western Province. NBER Working Paper No. 17851Issued in February 2012NBER Program(s): CH Most people in rural Africa do not have bank accounts. In this paper, we combine experimental and survey evidence from Western Kenya to document some of the supply and demand factors behind such low levels of financial inclusion. Ants and markets. What ants can teach us about the market « marcus jenal. Re-inventing finance at Lift12. Space opera, beyond finance edition. Finacle - Banking Thought Leadership. Industry trends, viewpoints and thought leadership articles. Cathy O’Neil: Economists Don’t Understand the Financial System (Quelle Surprise!) By Cathy O’Neil, a data scientist who lives in New York City and writes at mathbabe.org A bit more than a week ago I went to a panel discussion at the Met about the global financial crisis.
Ideas at Work : Feature : Undersavers+Anonymous.