In these turbulent times, when predictions are not always possible, having confidence in one's luck may make all the difference between taking inspired action or not acting on that opportunity or great idea after all.
Over the last decade Australia has generally economically outperformed other OECD nations while maintaining a reasonable -- though debatable -- fiscal and monetary stance. But great success can breed even greater complacency, and this is the unfortunate case for Australia.
The United States is still an enormous generator of innovation, from which other nations have long benefitted. But we now also have the opportunity to benefit from innovation taking place around the world.
Success in today's global environment clearly depends on our ability to be maximally competitive -- to excel in our ability to compete with other established and start-up organizations from all corners of the world.
Developing countries continue to face important challenges in boosting productivity growth in the difficult post-crisis environment, but also many opportunities to eliminate poverty and create shared prosperity.
Policymakers in Washington should build on what consumers have started by designing a regulatory structure that applies to all providers equally and encourages investment, to finish the shift quickly and build a better future for America
Access to technology is the great equalizer and STEM workers stand at the forefront of innovation in the U.S. economy. As technological changes reshape the world of work, these professionals will continue to be in demand.
As the Carnival in Brazil kicked off last weekend, Brazilians were ready for a party. They have reasons to celebrate. Despite a lackluster GDP performance in the last two years, unemployment rates remain at record low levels.
What the "stagnationists" seem to forget or ignore is that over the last 30 years the federal government has been dramatically underinvesting in research and development. The U.S. ranks just eighth among OECD countries in R&D as a share of GDP.
The United States of America is not a sporting event. When we act like it is just a contest, there is no real winner, only a loser: the republic. Let's stop teaching our children that sports is the analogy for everything in life. It isn't.
In America today, it seems like we are always striving for something. To be bigger, better than who we are. We're never content with what we have. But why? Where did this sense of not being enough come from?
We should be taking risks, the Nobels said, not avoiding them. We should be encouraging ideas from outside the established community, from diverse sources; we should accept failure as a necessary stepping stone to revolutionary progress.
All innovative companies should be deeply concerned about India's recently announced trade practices. Open markets and respect for IP are key to ensuring American innovators can continue to develop new products.
Mitt Romney's comment in the first presidential debate about defunding Big Bird was the fodder for lots of jokes, but it has more serious implications, not just for public funding for the arts, but for the future of America's global competitiveness.
Think of the times we say things we regret about other women. Who are we saying these things to? In what context do these feelings arise? And most importantly, what are the underlying feelings driving the negative comment?
A November 2011 Deloitte/Manufacturing Institute poll reveals that only 20 percent of American adults would advise their children to pursue manufacturing careers. Their bias is strong, their views distorted by old pictures of factory workers on the assembly line performing mind-numbing tasks.