Recently, two male CEOs stepped down to be more involved dads. Most working dads have to muddle through with difficult trade-offs. What we really need are "CEO Dads" who stick around and create supportive workplaces for the rest of us.
If someday my daughter hands me a list of all the things I have missed, I will be heartbroken. But I will also know that in my back pocket is a mortgage bill that needs to be paid, and I will know I am doing my best. So are you.
Is it likely that the Dow Jones Industrial Average is flirting with five-year highs right before we are about to go into recession? The answer is obviously no, but there is another factor that has been introduced into the equation.
For the economy to grow robustly for a number of years, Washington needs to move simultaneously and boldly on a number of different policy fronts. Otherwise, actions taken in any one area would be quickly undermined by lack of progress elsewhere.
Behavioral finance specialists will have a field day with the Facebook IPO, as it speaks volumes to an issue that differentiates them from those that espouse the efficient market hypothesis -- namely, that investors can be vulnerable to mistakes dictated by unconscious biases.
Europe's election results sound an alarm for European integration and, consequently, the wellbeing of both the region and the global economy. Let us hope that the inevitable short-term volatility is a precursor to a more decisive effort to deal with the continent's festering problems.
Smart delevering isn't just about cutting -- and the relentless emphasis on cutting has obscured the more important question of what is being cut. In far too many cases, our approach to delevering is keeping us from growing, and keeping us from tapping into all our resources.
Many observers question whether today's business leaders have a heart when it comes to their role in the country's growing income disparity. A more appropriate question might be to ask whether they have a head.
When one compares policymaking episodes around the world it seems clear that there is more at play than the content of policies. The mindset of policymakers and the process of policymaking seem to also have a lot to do with the disappointing outcomes.
American policymakers, together with their European counterparts, are realizing something that Japan has been experiencing for a while: It is very difficult to manage well an economy hobbled by structural impediments and balance sheet excesses.
America is now on the growing list of advanced countries where social cohesion is coming under increasing pressure. If left to fester through inadequate public and private sector responses, this phenomenon will damage the welfare of current and future generations.
America has little time to waste if it wishes to avoid years of insufficient economic growth, devastating unemployment, rising income and wealth inequality, and eroding social cohesion. The time for leadership is now.
If policymakers in America and Europe do not act boldly, and do so in a globally-coordinated fashion, the world risks tipping into a prolonged recession with worrisome institutional, political and social consequences.
On Friday S&P downgraded U.S debt from AAA to AA+, the first such downgrade in the nation's history resulting in grave concerns over the outlook for the U.S. economy. Yet simultaneously they must have been popping champagne corks at Pimco.