The higher we climb mountains of debt, the thinner the air will get. Financial markets, after five years of stellar performance, appear to trade closer to this 'out-of-breath constellation,' and caution may be warranted before resuming the ascent.
Politically the moral leadership of the pope is bad news for those Republicans, conservatives, Tea Party advocates and libertarians who politically worship at the altar of the unbridled and unregulated excesses of capitalism that Francis deplores.
The time has come to set up an Arab Bank for Reconstruction and Development (ABRD) to address the multiple challenges faced by countries in transition in a region where the 'Arab spring' has turned into a firestorm.
Most growth businesses face challenges raising capital at some stage in their development. But for social enterprises, which use the power of business to directly improve society and our environment, the obstacles tend to be tougher and more persistent.
Nobody is perfect, and always remember the interests at stake are yours. Keep your eyes open. Ask tough questions. Explore your options. Make changes when you have to. The responsibility for covering your ass-ets ultimately lies with you.
Global financial integration and the linkages between the financial and the real sides of economies are sources of huge policy challenges. A newly released book sheds new light on those multiple challenges.
Innovation in finance got a bad name following the 2008 crash, but the whiz-kids on Wall Street can play a crucial, positive role in our quest for sustainable development, if only they choose to put their brilliant minds to it.
A plea to the banks: Do "give back" in philanthropy. But also, please: Give us back a financial system that we can trust. Less penance after the fact, more virtue before. It will make for better business and for honest philanthropy.
How often do you hear this: "If I leave the workforce, I'll be giving up $x in salary, which barely covers the babysitter's cost"? Rather than analyzing this based on a static point-in-time, it is more accurately thought of as a net present value calculation.