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How Economics PhDs Took Over the Federal Reserve

Harvard Business Review

In 2006, the last time a President had to nominate a Fed chairman, the job went to Ben Bernanke, who had spent his entire career as an economics professor before being called up to Washington for a stint as a Fed board member in 2002. Then McCabe went back to Scott Paper and Martin took over as chairman of a re-empowered Federal Reserve.

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Yes, Short-Termism Really Is a Problem

Harvard Business Review

years in 2002 to 7.2 Then the markets hammer their companies for low top-line growth, telling executives that they won’t be able to maintain profit growth without revenue growth. Clouding the picture, it is not at all clear that CEOs’ time in office is in fact consistently shrinking. years in 2009. years in 2014.

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Specialization is a Journey, Not a Destination

QAspire

Let me share a story of my friend who was laid off in the 2002 dot com bust. When fixed knowledge is the only hammer you have, every problem you encounter will start looking like a nail. Specialization is for insects.”. He worked on a technology that was on its way to obscurity. Of adopting and adapting.

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