Insights on Economics, Finance, Business, and Education
This is a neat book of magazine-style business stories. There are 12 stories about 25-100 pages each. They don’t relate to each other at all, other than all being related to business, finance, and economics.
The stories are all interesting and well-written, so it is both entertaining and informative. This gave me some lesson ideas for my entrepreneurship class.
This is a great way to learn some new business content in a fun and engaging way.
Is your business idea scalable? How can you increase production, increase profit margins, and decrease the consumer price all at the same time? It’s all about learning strategies for scaling the business, like lowering input costs by buying in bulk and taking advantage of division of labor to hire specialists.
Here is a slideshow I used to teach this to my Intro to Entrepreneurship class:
Timothy Geithner was President of the Federal Reserve Bank of New York from 2003 to 2009 and U.S. Secretary of the Treasury under from 2009 to 2013. Many people would have loved to be a fly on the wall in some of the meetings that Geithner was in during the financial crisis, the Great Recession, and the recovery. Geithner provides some insights, but he is also overly concerned with addressing his critics, especially those he calls “moral hazard fundamentalists.” Continue reading “Book Review: Stress Test”
My latest article onĀ Seeking Alpha explains how specialty pharmacy could be Amazon’s next target for industry disruption:
In specialty pharma, prices are high, revenues are rising, and customer service is lacking. Disruption of this industry isn’t just available, it is necessary. It is a perfect target for Amazon.
Read the rest here.
