ENTREPRENEURSHIP Why Did Signature Bank Fail? Key Takeaway: The failures of SVB and Signature Bank were caused by two major risks: interest rate risk and liquidity risk. Interest rate risk caused the market value of previously issued debt to plunge, especially for longer-dated debt. Liquidity risk is the risk that a bank won’t be able to meet its obligations without incurring […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY The World After Oil Key Takeaway: The production and consumption of fossil fuels is on the rise, and expected to peak within the next decade. To consider alternatives to oil, we need to be aware of the scale of its integration into our lives. Caleb Wellum, an assistant professor of U.S. history at the University of Toronto Mississauga, Canada, […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE Making Sense Of UFOs In The Modern Era Key Takeaway: UFOs are the term used to describe aircraft that aren’t easily identified or explained, and have been around since the late 1940s and early 1950s. In 2020, the U.S. Navy released multiple videos of unidentified aerial phenomena, sparking interest in the public and government. UAPs are more likely to be human-made, rather than […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK A Look At The Global Economy In 2023 Key Takeaways: EU energy ministers have capped gas prices at €180 (£159) per megawatt hour (MWh) for this winter. The cap is an attempt to control the unruly market forces that saw gas prices spike to nearly €340/MWh last summer. Political intervention risks repeating mistakes made by the US during the 1970s oil price shocks. […] Saving Bookmark this article Bookmarked
CULTURE EDITOR'S PICK The Origin Of Christmas Trees Key Takeaways: The humble Christmas tree is emblematic of the growth of market economics and world trade. Who would have imagined that fir trees would be grown in Denmark especially for the export market, or that factories in China would produce plastic replicas? So, let’s climb on the sleigh and take a ride around this […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE Why Fusion Ignition Is A Major Breakthrough Key Takeaways: Fusion is a nuclear reaction that combines two atoms to create one or more new atoms with slightly less total mass. The difference in mass is released as energy, as described by Einstein’s famous equation E = mc2. Ignition is when a fusion reaction produces more energy than is being put into the […] Saving Bookmark this article Bookmarked
EDITOR'S PICK POLITICS The Secret Geopolitics Of FIFA World Cup 2022 Key Takeaways: The Fifa men’s World Cup 2022 in Qatar is arguably the most political in history. Qatar Airways is an effective instrument of soft power, transmitting signals to global audiences about what Qatar is and what it aspires to be. The Fifa men’s World Cup 2022 in Qatar is arguably the most political in history. […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY Can Science Solve Poverty? Key Takeaways: The fight against poverty and inequality is resuming with tools and programs that are more effective than ever before, thanks to a quiet revolt against business as usual. The evidence-based policy movement is increasingly being embraced by researchers, activists and government officials. The use of randomized controlled trials to assess social programs is […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY TECHNOLOGY Is Twitter’s Blue Tick A Status Symbol? What Will Happen If Everyone Can Buy One? Key Takeaways: Elon Musk proposed a range of controversial changes to the Twitter platform. One of the ideas was to charge US$8 a month to obtain a verified status. The paid verification change has already been rolled out in several countries, including Australia, under the Twitter Blue subscription service. Musk’s proposal is not only misguided […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK FINANCE The Global Debt Crisis & How We Can Solve It Key Takeaways: Countries across the world are drifting towards a debt crisis. Unfortunately for many emerging economies, the reserves they hold are simply not enough to cover all of these demands – especially after energy prices soared when Russia invaded Ukraine. Other countries are turning to some of the oil-rich gulf states currently profiting from […] Saving Bookmark this article Bookmarked
What Makes Basquiat Special? Key Takeaway: Jean-Michel Basquiat’s work highlights racial inequalities and the lack of representation of racialized people in the media, but also the violence suffered by African Americans. Jean-Michel Basquiat denounced the violence of cartoons, which he saw as a reflection of 20th-century American society. Jean-Michel Basquiat’s painting “Toxic” is an attempt to denounce a stereotypical […] Written by John Harbour March 15, 2023March 15, 2023 Saving Bookmark this article Bookmarked
Why Did Signature Bank Fail? Key Takeaway: The failures of SVB and Signature Bank were caused by two major risks: interest rate risk and liquidity risk. Interest rate risk caused the market value of previously issued debt to plunge, especially for longer-dated debt. Liquidity risk is the risk that a bank won’t be able to meet its obligations without incurring […] Written by Vidhura Tennekoon March 14, 2023March 14, 2023 Saving Bookmark this article Bookmarked
The Art Of Balding Balding is really common, affecting more than 50% of men. It’s also physically inconsequential (bald men live just as long as haired men). So why, in his memoir Spare, does Prince Harry refer to his brother’s baldness as “alarming”? As a social psychologist with a special interest in balding (and author of an upcoming book entitled Branding Baldness), […] Written by Glen Jankowski March 1, 2023March 1, 2023 Saving Bookmark this article Bookmarked
The Evolutionary Origins Of Imagination Key Takeaway: Mammals evolved to hide out while cold-blooded dinosaurs hunted during the day, but had to eat a lot more food than dinosaurs per unit of weight to maintain their high metabolism and constant inner body temperature. Mammals developed a new system to efficiently memorize places where they’d found food, linking sensory aspects of […] Written by Empirics Asia February 28, 2023February 28, 2023 Saving Bookmark this article Bookmarked
The Art Of Receiving Feedback Good feedback, whether you are on the receiving or giving end, requires an attitude of curiosity and openness. Intentionally creating space for feedbackcan help, but even with the right space, receiving feedback can be really scary. Many organizations have formal systems of feedback in the style of mid-year and annual reviews. And it’s not uncommon for informal continuous […] Written by Andrea Mignolo February 27, 2023February 27, 2023 Saving Bookmark this article Bookmarked
The World After Oil Key Takeaway: The production and consumption of fossil fuels is on the rise, and expected to peak within the next decade. To consider alternatives to oil, we need to be aware of the scale of its integration into our lives. Caleb Wellum, an assistant professor of U.S. history at the University of Toronto Mississauga, Canada, […] Written by Nehal El-Hadi February 24, 2023February 24, 2023 Saving Bookmark this article Bookmarked
The Secret Chemistry Of Chocolates Key Takeaways: Chocolate has been around for at least 4,000 years, and is now a trillion-dollar global industry. It starts out as a dull-tasting bean, packed into a pod that grows on a cacao tree, and requires two key steps: fermentation and roasting. Roasting is an art form, with different temperatures and times producing different […] Written by Sheryl Barringer February 23, 2023February 23, 2023 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked