Patience

Patience

Patience World economic markets are now DISORDERLY.  In Econ 101 we learn that constraints on supply without attendant constraints on demand lead to inflation. In addition, we learn that in modern complex economies, government monetary policy (the printing of money)...
Recession Potential

Recession Potential

Recession Potential Dr Thomas C Schleifer Everyone agrees that the COVID-19 world-wide economic shutdown, interrupted supply chains, Russia’s barbaric invasion of the Ukraine, fuel shortages, and persistent rampant inflation all add up to, at the very least,...
Labor Shortages to Clogged Supply Chains What’s going on around here?

Labor Shortages to Clogged Supply Chains What’s going on around here?

“Just when I thought I was out…They dragged me back in!”  (The Godfather) That is a quote from the movie The Godfather that I also heard from a contractor trying to deal with the whipsaw starts and stops torturing post-pandemic construction markets. ...
The Care and Feeding of the Workforce – A Culture Case Study

The Care and Feeding of the Workforce – A Culture Case Study

My interest in corporate cultures began with a productivity research project that brought to light the impact of the attitude of workers putting in the footings for a new project.  We were trying to determine if the workers’ understanding of what they were...