By Michael Bloomberg – Traditionally, urban economic development has focused on retaining industries and luring new businesses with incentive packages.
But in the new century, a different and far more effective model has emerged: focusing first and foremost on creating the conditions that attract people.
As cities are increasingly demonstrating, talent attracts capital more effectively than capital attracts talent. People want to live in communities that offer healthy and family-friendly lifestyles: not only good schools and safe streets but also clean air, beautiful parks, and extensive mass transit systems.
And where people want to live, businesses want to invest. more> http://tinyurl.com/nsf3vsh
Posted in Business, EARTH WATCH, Economic development, Economy, Energy & emissions, Leadership, Regulations, telecom, Transportation
Tagged Business improvement, Capital, Climate change, Government, Industrial economy, Jobs, Leadership, Super regions
By Nate Regier – PCM (Process Communication Model) conceptualizes personality as comprising of six types, all of which exist within each of us and are arranged like the floors of a condominium, with our core or “base” type at the bottom, moving up through each floor to the least-accessed trait at the top, or attic.
Each floor has unique attributes, including a perceptual frame of reference, character strengths, communication and environmental preferences, motivational needs and highly predictable distress behaviors. more> http://tinyurl.com/nm4ruy6
Posted in Business, Education, History, How to, Leadership
Tagged Business improvement, Hiring, Jobs, Leadership, NASA, Organization, Teamwork, United States
How the Jet Engine that Supercharged Aviation Found Earthly Calling, Powering the World’s Fastest Ship
By Tomas Kellner – When the first C-5 transport plane took off in 1968, it became the world’s largest aircraft, capable of lifting 130 tons of cargo.
As tall as a six-story building and 80 yards long, the U.S. Air Force called it “a beautiful, useful giant.”
GE engineers developed a brand new jet engine, the TF39, for the airborne behemoth. The engine design, called high-bypass turbofan, allowed the plane to carry heavy cargo across the Pacific Ocean.
Later, civilian versions of the engine supercharged air travel and still power many passenger jets, including Air Force One.
But not all of the engines made things fly.
Their turbines were so sturdy, efficient and powerful that they quickly found applications for ship propulsion and electricity generation on the high seas as well as in the desert. more> http://tinyurl.com/or2se7b
Posted in Business, Economic development, Economy, Energy, History, Science, Technology, Transportation
Tagged Business improvement, GE, Industrial economy, Manufacturing, Technology, Turbine, United States
By Megan McArdle – A professional is someone who does a lot of work unsupervised, and whose output is important, yet hard to measure.
Professionals tend to deal with some of the most sensitive and important issues that our society has, like treating illness and educating our children.
It’s no accident that these people generally end up being regulated by their peers — and that the rest of us are frequently unsatisfied with the results. When professional groups decide what’s good for the rest of us, it usually turns out that what they think is good for the rest of us is what’s best for them.
This problem has basically proven insoluble.
You can put the professionals in charge of regulating themselves, as we have with doctors and lawyers, in which case they are self dealing and protect each other from outsiders, even when the outsiders have been grievously wronged. more> http://tinyurl.com/nwneuov
By Gwynn Guilford – The devaluation probably had more to do with breaking the yuan’s tightly managed peg to the US dollar, an obligation that has been draining the economy of scarce liquidity as capital outflows swell.
Both moves—the government pulling back from its market bailout and the currency devaluation—stem from the same ominous problem: China’s leaders are scrambling to find the money to keep its economy running.
Growth is now slowing, making the $28 trillion in debt China racked up in the process even harder to pay off. more> http://tinyurl.com/oe5fxnw
Posted in Banking, Economic development, Economy, History, Leadership, Regulations
Tagged Banking reform, Capital, China, Financial crisis, Government, Organization, Regulations
777X: The Wing is the Thing
Boeing – The 777X will be the largest and most efficient twin-engine jet in the world, with 12 percent lower fuel consumption and 10 percent lower operating costs than the competition. In addition, the 777X will bring cabin innovations and improved levels of passenger comfort.
The 777X program has received orders and commitments for 320 airplanes from six customers worldwide. Production is set to begin in 2017. more> boeing.com/innovation/
Posted in Business, Economic development, Economy, Energy & emissions, Product, Science, Technology, Transportation
Tagged 777X, Boeing, Business improvement, Industrial economy, Technology, United States
Seeing Green: The Use and Abuse of American Environmental Images, Author: Finis Dunaway.
By Finis Dunaway – In addition to promoting the idea of universal vulnerability, popular images have also fixated on the idea of universal responsibility: the dubious notion that all Americans are equally to blame for causing the environmental crisis.
This emphasis on individual action ignores the role of corporations and governments in making the production decisions that result in large-scale environmental degradation. more> http://tinyurl.com/odst8zp
Posted in Book review, Business, CONGRESS WATCH, EARTH WATCH, Economic development, Economy, Education, Energy & emissions, Leadership, Nature, Regulations, Science, Technology, Transportation, Uncategorized
Tagged Business, Capital, Climate change, Earth, Ecology, Government, Industrial economy, Leadership, Technology