Do You Believe in “Pink Quotas?”

Italy has just declared its “pink quota.” A new law mandates that by 2015, women should be one-third of all board members for listed and Italian state-owned firms. Currently, the total is somewhere between 3.7 and 6%. (Checking 2 sources,…

Should We Redesign the Dollar?

Have you ever worried that you gave someone the wrong bill–maybe a ten rather than a dollar? With US currency, it is easy to make a mistake. After all, the US dollar bill, the five, the ten, the twenty, the fifty, the…

Unemployment Benefits and Costs

99, 26 or somewhere in between? At the end of February, Congress again will have to decide about the length of unemployment insurance (UI) Described by the state of California to its residents, 99 remains the maximum number of weeks for…

“Buy Australian?”

In Australia, concerned about the impact of twin disasters in Queensland this summer, Australia is saying, “Buy Australian.”  But they just faced an unexpected problem. The T-shirts they are using to publicize the campaign were made in Bangladesh and the…

Greener Money

Hearing that Canada was switching to plastic money this year, I imagined…plastic. It turns out that plastic money looks and feels pretty much like the cotton-based paper currency we now use.  Why make the change? Money was one reason. Although…