Re: Who are you?

Question: Who are you?

Bill George: My name is Bill George. Currently I'm Professor of Management Practice at Harvard University Business School.I was born in Muskegon, Michigan.

Question: Where are you from and how has that shaped you?

Bill George: Well being born in the Midwest, I think I adopted some of the Midwestern values that tended to come with the area where I was growing . . . My mother came from a Dutch family--a Dutch immigrant family--and we were very much a part of her family growing up. And I think that became very much a part of me--the values like frugality and integrity, modesty, things like that.

Recorded on: Jul 7 2007

Frugality, integrity, modesty.

A new franchising model offers business opportunities to those who need it most

A socially minded franchise model makes money while improving society.

Freethink
Technology & Innovation
  • A social enterprise in California makes their franchises affordable with low interest loans and guaranteed salaries.
  • The loans are backed by charitable foundations.
  • If scaled up, the model could support tens of thousands of entrepreneurs who are currently financially incapable of entering franchise agreements.
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Gamification: can video games change our money habits?

Fintech companies are using elements of video games to make personal finance more fun. But does it work, and what are the risks?

Mind & Brain
  • Gamification is the process of incorporating elements of video games into a business, organization, or system, with the goal of boosting engagement or performance.
  • Gamified personal finance apps aim to help people make better financial decisions, often by redirecting destructive financial behaviors (like playing the lottery) toward positive outcomes.
  • Still, gamification has its risks, and scientists are still working to understand how gamification affects our financial behavior.
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3,000-pound Triceratops skull unearthed in South Dakota

"You dream about these kinds of moments when you're a kid," said lead paleontologist David Schmidt.

Credit: David Schmidt / Westminster College
Surprising Science
  • The triceratops skull was first discovered in 2019, but was excavated over the summer of 2020.
  • It was discovered in the South Dakota Badlands, an area where the Triceratops roamed some 66 million years ago.
  • Studying dinosaurs helps scientists better understand the evolution of all life on Earth.
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Want to save more money? Start playing video games.

Playing video games could help you make better decisions about money.

Sponsored by Million Stories
  • The word is out on gaming—it's not just something that children do for fun anymore. Games are tools that can be used to teach new skills, reduce stress, and even change behaviors by triggering chemical reactions in the brain.
  • These benefits and more have provided scientists and developers with a promising path forward. "Games reduce the stress of making decisions," says neuroscientist and professor Paul Zak. "App designers have now used game structures to help people learn new information, make new decisions; and one of the most exciting applications is in financial decision making."
  • But simply turning something into a game isn't enough to see meaningful changes in habits. Developers of gamified apps like Long Game have found ways to combine the engaging and fun experience we expect from video games, with something that has traditionally not been very fun: saving money.

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