Anonymous “Stock investors have had one sweet summer so far watching the markets edge higher. With the Standard & amp; Poor’s 500 index at record highs and nearing 2,200, what’s not to like? Here’s something. As shares climb, so too…
AIR IMPACT
Recognition of AIR research, opinions, and people in the media and elsewhere
Taking the nostalgia of Trump supporters seriously
By Stephanie Coontz “Nostalgia often arises out of a real experience of loss. It needs to be addressed and redirected, not ridiculed or denounced. And that applies to the nostalgia that motivates a considerable number of Trump supporters.”… [Click HERE…
When Capitalism only rewards shareholders, it’s time for reform
By Bruce Scott “Editor’s Note: On both sides of the Atlantic, populist resentments are stewing. In the United Kingdom, this was epitomized by the vote for Brexit — the British exit from the European Union. And as the number of people in the middle…
The Mismeasure of Mammon: Uses and Abuses of Executive Pay Data
By Institute for New Economic Thinking (INET) “On April 7, 2016, the Wall Street Journal ran an article headlined “CEO pay shrank most since financial crisis,” while on May 27, 2016, a similar New York Times story declared “Top CEO pay…
Vanishing the people’s wealth to make the bosses richer
By Ralph Nader “Imagine you are a shareholder in a big company and the top executives are sitting on huge amounts of cash and are not interested in putting it to work through productive capital investments, research and development, reducing…
How MBA programs drive inequality
By Lynn Parramore “Over the last several decades, American business executives have made decisions that have exacerbated the inequality that chokes prosperity for the country. They have misallocated resources and they have awarded themselves mind-boggling compensation packages while workers have…
Workers joining boards can lead to higher productivity
Caleb Melby “Giving board seats to employees familiar with factory floors can help businesses beat the market, sometimes by huge margins. That’s the finding in a Bloomberg review of countries where worker-directors are common, but not required by law. Indexes…
Have stock buybacks lost their credibility?
By S. L. Mintz “In May, Atlanta-based Delta Air Lines unveiled its intention to wrap up a $5 billion buyback program. Why, in this age of continual buyback announcements, is this surprising? Stock repurchases routinely garner a lot of investor…
All buy myself…the thinking behind stock buybacks
By Sabri Ben-Achour “Back in 2007, CEO William McComb’s company suddenly found itself with more than $100 million in cash. The company — known at the time as Liz Claiborne Inc., now called Kate Spade — was selling off unwanted…
Electionomics—The high stakes for American workers in the 2016 elections
By Julie Gutman Dickinson “One of the unfortunate byproducts of the matchup between Hillary Clinton and Donald Trump is that the presidential race has already become a contest of personalities rather than one of ideas. Both Clinton and Trump are…
