ULF DANIELSSON is thinking of buying a holiday home—or even a new house, so that he, his wife and two children can have a garden and more space than in their flat in Uppsala. He can afford either, he says, and as a professor of astrophysics is surely able to work that out. But he […]
ARE you on America’s newest airport-security watch list? You could be, but you would never know. That is because the list is secret, and no one quite understands what it takes to land on it. News of the list emerged earlier this month, when the New York Times obtained a five-page internal directive from the […]
WORK is like a capricious lover whose incessant demands are resented but who is missed terribly when they are not there. The relationship is long-term; an average person spends more than half their life at work. Work defines people’s social status, sets income levels and generates a circle of friends. Attitudes to management, as to […]
SWEEP past the cash machines at the Sumitomo Mitsui bank in Tokyo’s Sangenjaya shopping district and instead enjoy the personal service. Uniformed concierges welcome every customer with a bow. A dozen tellers are watched over by a manager who leaps up to meet elderly patrons. Transactions are concluded with carved signature seals stamped on paper […]
THE concept of a universal basic income (UBI), an unconditional cash payment to all citizens, has in recent years captured the imagination of a wide spectrum of people, from leftist activists to libertarian Silicon Valley techies. Proponents see a neat solution to poverty and the challenges of automation; detractors argue it would remove the incentive […]
The Pony Express, British style IT MAY be hard to imagine a world without cheap postal services, but 200 years ago sending mail was a luxury. Posting a letter from London to Edinburgh cost an average daily wage. In 1840, after a proposal by Rowland Hill, an inventor, Britain launched the Penny Post, the world’s […]
State Farm’s latest research revealed Millennials volunteering habits. How those statistics tie in to motivating people at work may surprise you.
AMERICAN private-sector workers face a problem. Too few of them have private-sector pensions, and the government scheme, Social Security, set up by Franklin Roosevelt (pictured) is less generous than it used to be. One study estimated that 20m elderly Americans will be living in poverty or near-poverty by 2035. A new book* by Theresa Ghilarducci […]
According to leadership development consultantsJack Zenger and Joseph Folkman,these are the skills that leaders need to succeed.
JUST how bad have the past four decades been for ordinary Americans? One much-cited figure suggests they have been pretty bad. The Census Bureau estimates that for the median household, halfway along the distribution, income has barely grown in real terms since 1979. But a recent report by the Congressional Budget Office (CBO), a non-partisan […]