Tag Archives: Economics

Easiest Countries for Doing Business 2008

Posted on November 8, 2008 by John Hunter

Singapore is again ranked first for Ease of Doing Business by the World Bank. For some reason they call the report issued in any given year as the report for the next year (which makes no sense to me). The data shown below is for the year they released the report. Country 2008 2007 2006 2005 Singapore 1 1 1 2 New Zealand 2 2 2 1 United States 3 3 3 3 Hong Kong 4 4 5 6 Denmark … Continue reading →

Posted in Competition, Economics, Management | Tagged , , , , , ,

Wind Power Provided Over 1% of Global Electricity in 2007

Posted on October 3, 2008 by John Hunter

Data from World Wind Energy Association, for installed Mega Watts of global wind power capacity in 2007. 19,696 MW of capacity were added in 2007, bringing the total to 93,849 MW. Europe accounts for 61% of installed capacity, Germany accounts for 24% and the USA 18%. Post from the Curious Cat Science and Engineering blog (more posts on energy and engineering). The graph shows the top 10 producers (with the exceptions of Denmark and Portugal) and includes Japan (which is … Continue reading →

Posted in Economics, Innovation | Tagged ,

Kiva Fellows Blog: Nepalese Entrepreneur Success

Posted on August 30, 2008 by John Hunter

Kiva is a great charity and example of how to use the web effectively. Kiva has added a fellows blog – which is a great idea. Continue reading →

Posted in Economics, Respect | Tagged , , , | 3 Comments

Businesses Tell the IRS They Are Not American but Executives Stay in USA

Posted on June 4, 2008 by John Hunter

I have previously written about the ethically challenged companies that claim they are not American to avoid paying the taxes that they owe. For some reason the executives, often seem to stay in the USA though? It is sad that such behavior is tolerated. 10 Big Businesses That Have Moved Their Headquarters Abroad to Pay Less U.S. Taxes [the broken link was removed] Halliburton: Houston-based Halliburton, which offers a broad array of oil-field technologies and services to upstream oil and … Continue reading →

Posted in Economics | Tagged , , , , | 3 Comments

Making a Difference

Posted on April 13, 2008 by John Hunter

Kiva provides loans through partners (operating in the countries) to the entrepreneurs. Those partners do charge the entrepreneurs interest (to fund the operations of the lending partner). Kiva pays the principle back to you but does not pay interest. And if the entrepreneur defaults then you do not get your capital paid back (in other words you lose the money you loaned). They do an excellent job of using the internet to allow people like me to feel connected to … Continue reading →

Posted in Economics, Fun, Respect | Tagged , , | 5 Comments

Corporations Do Not Exist Solely to Maximize the Bottom Line

Posted on February 26, 2008 by John Hunter

Do corporations exist solely to maximize their bottom lines? We don’t think so., Forbes Magazine: When Bill Gates suggested recently that corporations should sacrifice profits to the public welfare, practicing what he called “creative capitalism,” he wasn’t the first robber baron with the idea. Henry Ford made a similar proposal in 1916, but he was defeated in court by shareholders who preferred he simply issue dividends. The countervailing view, famously expounded by Milton Friedman, is that the only responsibility of … Continue reading →

Posted in Deming, Economics, Management, Toyota Production System (TPS) | Tagged , , , , , | 3 Comments

Engineering Innovation for Manufacturing and the Economy

Posted on November 11, 2007 by John Hunter

Editorial: Engineering Innovation, Milwaukee Journal Sentinel: They are the invisible heroes in business, the men and women who make innovation possible. They are people like Mary Ann Wright at Johnson Controls in Milwaukee, the former chief engineer for the Ford Escape hybrid who is leading a team bent on establishing world leadership in hybrid battery systems. Or Werner Zobel, a Modine Manufacturing engineer working in Germany who hatched the idea for a new cooling system that the Racine-based company believes … Continue reading →

Posted in Economics, Lean thinking, Management, Manufacturing, Public Sector, Science, Systems thinking | Tagged , , , | 4 Comments

Data Visualization Example

Posted on March 28, 2007 by John Hunter

[I replaced the embedded video, since Google broke the original link with the way they shut down Google Video after buying YouTube] In Myths About the Developing World, Hans Rosling shows some great graphics to display data on health care outcomes. This is one of the talks from the great TED conference that we have mentioned before. They really have some great webcasts available on their site. The presentation also gives a concrete example of faulty knowledge (people thinking things … Continue reading →

Posted in Data, Economics, Health care, Management, webcast | Tagged , , , | 3 Comments

USA Healthcare Costs Now 16% of GDP

Posted on January 10, 2007 by John Hunter

U.S. Health Spending Estimates [the broken link was removed]: Health care spending growth in the United States slowed for the third consecutive year in 2005, increasing 6.9 percent compared to 7.2 percent growth in 2004 and 8.1 percent in 2003, the Centers for Medicare & Medicaid services (CMS) reported today. The 6.9 percent growth in 2005 marks the slowest rate of growth in health spending since 1999, when growth was 6.2 percent. Health care spending reached almost $2.0 trillion in … Continue reading →

Posted in Economics, Health care | Tagged , , | 8 Comments

Intellectual Property Rights and Innovation

Posted on August 26, 2006 by John Hunter

How intellectual property influences innovation and growth in the economy depends on the application of intellectual property law. No intellectual property (IP) rights would hinder innovation. Complicated application of confusing and overreaching IP rights also hinders innovation. Now I see the USA systems as having overreaching claims of IP rights, IP rights granted for obvious ideas which then are used to extort those actually producing value and overall a system much in need of improvement. Lawrence Lessig does the best … Continue reading →

Posted in Economics, Innovation | Tagged , , , | 2 Comments

Gladwell (and Drucker) on Pensions

Posted on August 21, 2006 by John Hunter

The Risk Poolhttps://management.curiouscatblog.net/2006/08/21/gladwell-and-drucker-on-pensions/ by Malcolm Gladwell (author of The Tipping Point and Blink): The most influential management theorist of the twentieth century was Peter Drucker, who, in 1950, wrote an extraordinarily prescient article for Harper’s entitled “The Mirage of Pensions.” It ought to be reprinted for every steelworker, airline mechanic, and autoworker who is worried about his retirement. Drucker simply couldn’t see how the pension plans on the table at companies like G.M. could ever work. “For such a plan … Continue reading →

Posted in Books, Economics, Health care, Investing, Management, Popular, Systems thinking | Tagged , , , , , , | 1 Comment

New Look American Manufacturing

Posted on June 30, 2006 by John Hunter

The New Look American Manufacturing [the broken link was removed] by Dale Buss: The evidence shows that American manufacturers that revise their processes and integrate technology in ways that allow them to stay close to customers can survive the onslaught from China. Adaptability is key above all other factors. I agree by applying lean manufacturing and other management improvement ideas manufacturers can (and are) prospering in the USA. I don’t think one factor is the key. Many factors determine whether … Continue reading →

Posted in Economics, Lean thinking, Management, Manufacturing | Tagged , , , | 2 Comments

Innovation Needed to Keep USA Manufacturing?

Posted on June 29, 2006 by John Hunter

ICAR touted as example of innovation needed in U.S. [the broken link was removed] “Our ace in the hole is innovation, and that’s why intellectual property is so important to develop,” Graham said. “How do we protect that advantage within the rule of the law?” Lindsey Graham [the broken link was removed] and Hillary Clinton are co-chairs of the United States Senate Manufacturing Caucus. Is innovation our ace in the hole? I don’t think so. There is no ace in … Continue reading →

Posted in Economics, Innovation, Management, Manufacturing, Systems thinking | Tagged , , , , | 2 Comments

Gas Tax

Posted on June 29, 2006 by John Hunter

An Increase in the Gas Tax Would Hurt Consumers and Slow the Economy [the broken link was removed] Gross Domestic Product would decline by $6.5 billion per year, in real terms, from 2005 to 2014. In other words, this $131 billion in government revenues would shrink the economy by $65.5 billion. There would be, on average, 37,000 fewer job opportunities each year. That works out to one lost job for every $351,000 in new taxes, which is equal to 11 … Continue reading →

Posted in Economics | Tagged , , | 1 Comment

Health Care Crisis

Posted on June 16, 2006 by John Hunter

Probe finds nation’s emergency care system at ‘breaking point’ (the San Jose Mercury News broke the link so I removed it – poor usabilty on their part) by Lauran Neegaard: It’s a sobering symptom of how the nation’s emergency-care system is overcrowded and overwhelmed, “at its breaking point,” concludes an investigation by the Institute of Medicine. The spate of similar articles reminded me of the recent post by Mark Graban: Stop calling it “ER Congestion”. He states: “It’s not an … Continue reading →

Posted in Health care, Lean thinking, Management, Public Sector, Systems thinking | Tagged , , | 3 Comments

Energy Future

Posted on May 6, 2006 by John Hunter

Interesting chart from: The Oil Age Poster [the broken link was removed] . There are all sorts of opinions on the future price of oil. My view is based in the capitalist/market model – I believe that if it becomes obvious we are running out of oil the price will go up drastically. Those who own it will feel if you don’t buy it today they will sell it to you for much more later. And those that want it … Continue reading →

Posted in Economics, Investing | Tagged , ,