“Chronic Joblessness”

The Wall Street Journal of June 2 had an article titled “Chronic Joblessness Takes Toll.” I have written extensively about the unemployment  situation for a number of reasons.  Perhaps chief among these reasons is that I believe the situation is far worse than generally acknowledged. While it is easy to dismiss the unemployment problem with …

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Cost Cutting – A Few Comments

McKinsey Quarterly had an interesting May 2010 article on cost cutting. I have many thoughts on the issue of cost cutting.  The issue is complex and  particularly challenging as detailed data and analyses on the subject seem to be lacking, despite cost cutting’s widespread popularity over many years. While prudent management of costs is of …

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