How should we reimagine society post-COVID-19?

Coronavirus has given us the opportunity to reframe and rethink society from its foundation.

  • There have been many lessons learned from the coronavirus crisis. According to Acumen founder and CEO, Jacqueline Novogratz, one of the primary lessons has been that humans are interdependent creatures in an interconnected world.
  • "The coronavirus has laid bare the gaping wounds of our society that had grown too individualistic over the last 30-50 years and reinforced our interdependence in the most profound ways," Novogratz says, adding that the current situation has given us a chance to rethink and rebuild society from a new moral framework.
  • Placing humanity and community at the center, focusing more on helping the poor and vulnerable, and engaging more in collaboration instead of competition is how our post-COVID-19 society will succeed.

Keep reading Show less

Coronavirus: The economics of contagious disease

How should we think about the tension between opening the economy back up and preserving public health?

What are the major missteps the global community is making that will need to be addressed to prepare us for future pandemics? Is the US economy ready to reopen?

Keep reading Show less

What is ESG investing?

Transparency no doubt keeps organizations more accountable, but public companies need to reconnect with their true owners.

  • ESG in investing stands for environmental, social and governance. It is a set of criteria investors can use to understand the values and the future of an organization.
  • Companies pour resources into disclosing their ESG because, as the saying goes, sunlight is the best disinfectant. Or so has been the thought for many years.
  • While ESG is undoubtedly good, says John Fullerton, mere transparency is not going to solve the world's sustainability issues. For that, public companies need to act more like private companies and be responsible to their owners.
Keep reading Show less

Could price gouging during a crisis actually be moral?

Price gouging is prohibited in 34 US states and Washington D.C. But two scholars ask whether that's the way it should be.

  • Paper products, hand sanitizer, masks, and cleaning wipes—all are in high demand and short supply during the COVID-19 crisis.
  • Price gougers are viewed as villains in this crisis—but two scholars argue that price gouging is, in most cases, morally permissible.
  • Increased prices prevent unnecessary hoarding. Buyers purchase only what they need when they need it. Also, producers are incentivized to make more. When the supply rises, prices will fall.
Keep reading Show less

Speculation is the key to the stock market. Learn how it works.

Day trading and technical analysis are two necessary skills for success.

  • Day trading requires keen foresight in the art of speculation.
  • Technical analysis demands an intensive study of past market data.
  • These skills can be learned with time and training.
Keep reading Show less