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Things to Read at Lunchtime on August 27, 2015

Must- and Should-Reads: Must-Read: Kris James Mitchener and Marc D. Weidenmier: Was the Classical Gold Standard Credible on the Periphery? Evidence from Currency Risk Cherrie Buckner: Young Black America Part Four: The Wrong Way to Close the Gender Wage Gap Tim Duy: Dudley Puts the Kibosh on September Andrew Haldane: Stuck Gillian Tett: The Silo […]

Displacement: The Misunderstood Crisis

When we think of gentrification and displacement, we typically envision a hipster – young, professional, and probably white — in the Mission District or Brooklyn at the peak of the real estate boom. But this archetype, while not inaccurate, is just the tip of the iceberg.

Displacement, which is distinct from gentrification, occurs in many different forms, places, and moments. While gentrification refers to a process of neighborhood change that encompasses local increases in real estate investment, household income, and educational attainment, displacement occurs when housing or neighborhood conditions force moves. Displacement can be physical (as building conditions deteriorate) or economic ... More >

Why Corporate Entrepreneurs are Extraordinary – the Rebel Alliance

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. The biggest surprise for me was getting schooled on how extremely difficult it is to be an innovator inside a company of executors.—–What Have We Lost?

I’ve been working with Richard, a mid-level executive in a large federal agency facing increasing external disruption (technology shifts, new competitors, asymmetric warfare, etc.). Several pockets of innovation in his agency have begun to look to startups and have tried to adopt lean methods. Richard has been trying to get his organization to recognize that change needs to ... More >

Must-Read: Gavyn Davies: China’s Policy Failings Challenge the Fed

Must-Read: I cannot help but note strong divergence between the near-consensus views of Fed Chair Janet’s and Fed Vice-Chair Stan’s still-academic colleagues and students that tightening now is grossly premature, financial markets’ agreement with the hippies as evidenced by the ten-year breakeven, commercial-banker and wingnut demands for immediate tightening, the extraordinarily awful performance since 2007 […]

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