Recently I’ve been seeing many facebook posts about a video describing the very lopsided distribution of wealth and income in the United States. The video is actually a year old but it has been given a new lease on life by upworthy and, at the time of this post, has more than 10,000,000 views. TheContinue reading “Economic Inequality in America”
Tag Archives: Economics
It’s Snowing!!!!
As it has been so sunny and warm the past few weeks, you can imagine my surprise when I woke up this morning to . . . SNOW! As is my usual routine, I opened my curtains to see how the mountains looked as the sun began peeking up over the horizon. However, there wasContinue reading “It’s Snowing!!!!”
Everything’s Bigger in Texas!
Today was a day of mixed emotions. It was our last day of ICA/E and the last day of the month. It’s hard to believe that we’ve come far enough to have completed one of our courses already! That is one of the side effects of such an intense program; just blink and time hasContinue reading “Everything’s Bigger in Texas!”
Sustainability
I’m not sure if it is intentional or not (I suspect it is, as every part of this program has been planned out in excruciating detail.) but over the past two weeks our courses have taken on a sustainability theme. In Entrepreneurship we have been studying cases of social entrepreneurs, startups that help people and/orContinue reading “Sustainability”
International Wisdom
On Monday we had a cultural values exchange–in ICA/E of all places! We were divided into groups by nationality (44 different groups!) and given a list of 12 virtues. Each group was then instructed to provide at least one proverb from its country about each virtue. Although there were many great ones, my two favoritesContinue reading “International Wisdom”
Ping Pong
Ping Pong has become a regular part of life here at IMD. After lunch it is a great way to get the blood pumping before afternoon classes. Most of the people who play are a lot better than I am, having played much longer and more consistently. This afternoon, though, I was briefly on fire.Continue reading “Ping Pong”
Long night ahead of us
Our group’s ICA/E presentation on the electricity generation industry is due this week and we’re far from completion. We’ve just ordered pizzas to give us an energy boost (CHF 80–$70–for two pies!!!) and I think it’s going to be a long night. At least we’re not the only ones. People are whistling in the hallways.Continue reading “Long night ahead of us”
WalMart
ICA/E revolved around a WalMart case today. How did it grow to dominate its much larger rivals such as K-Mart? Why and how could it diversify to include Sam’s Club? Why and how could it diversify into other countries? At what price to the small, rural town comes WalMart’s strategy? The case was set inContinue reading “WalMart”
Ralf Boscheck
It’s funny that I chose to introduce our Industry and Company Analysis/Economics course in last night’s blog because our prof was in fine form during this morning’s class. Some Boscheckisms: Why are we going into such detail? BECAUSE IT’S GOOD FOR YOU! You’re tired? Why? Because you’re only sleeping four hours a day? That’s justContinue reading “Ralf Boscheck”
Industry and Company Analysis / Economics
Aside: the soup du jour at IMD’s restaurant was French onion today–delicious! ICA/E is taught by Ralf Boscheck, a crazy (in a good way) German who throws chalk at students who ask inane questions. His first lecture was essentially the complete economic history of the world in four hours–step up to the fire hose andContinue reading “Industry and Company Analysis / Economics”