Unscheduled staff absence due to illness or other reasons can be very costly for employers, official statistics and survey data reveal. In the UK it was reported by the Health and Safety Commission that 36 million days of work were lost due to sickness absence in 2006 and 2007, and the Chartered Institute of Personnel [...]

Explains the Theory of Holdups and why you might not want to Patent your new Invention…..just yet.

Some people have suggested that one way to prevent the wasteful costs of healthcare is to have a menu of treatment options, with their costs, that is presented to the patient. For example, when you are admitted to the hospital as an inpatient, the physician typically orders tons of tests, medications, and nursing orders. Most [...]

Last week, I looked at the first five planks of Karl Marx’s Communist Manifesto and the extent to which they have been integrated into the U.S. government. This week, I’ll examine planks 6-10.
6. Centralization of the means of communication and transport in the hands of the State.
Check. We have the Federal Aviation Administration (FAA), the [...]

The cost of oil has only recently dropped after more than a year of bank-breaking prices. While it has decreased from $140 to $65 per barrel, the future of oil prices remains obscured. To alleviate the pressure of finding solutions to our oil dependency without funding tyrants overseas or drilling holes in our eastern seaboard, [...]

In 2003, at age 94, Peter Drucker, widely considered the world’s most influential expert on management, granted Jeffrey Krames a daylong interview about his management principles, his 38 books, and the leaders he had advised over the years. Upon his death in 2005, the Washington Post credited Drucker for influencing “Winston Churchill, Bill Gates, Jack [...]

Not so long ago, AIG was the world’s largest insurer. In the year 2000, its value peaked at over $265 billion, and just one year ago, the insurance giant was worth nearly $170 billion. But last month, facing bankruptcy, the once-proud AIG—now worth a mere $2.65 billion—became the largest welfare recipient in U.S. history, receiving [...]

Will companies that issued derivatives based on bundled student loans be the next financial dominoes that will require a government “bailout”? The country’s long dedication to education makes it a virtual certainty.
The emphasis of the role of government in education predates the establishment of the United States as a country. As early as 1642, a [...]

Why, oh why, did the biggest financial crisis since the Great Depression have to hit during a presidential election year?
The ‘Fear Index’, also known as the VIX (or, officially, the Chicago Board Options Exchange Volatility Index) is a financial tool that measures market swings or volatility. The higher the VIX goes, the scarier the market [...]

Demonstrates why Software Piracy and Pirated Music should not be considered as theft.