Overcoming Bias : Status In Law, Finance
I recently suggested that a big part of what management consulting sells is status, to cow firm opponents into submission, and that this helps explain why consulting firms use so many inexperienced recent grads of elite

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Brazil on Fernando Henrique Cardoso eyes
The Economist continues to be a great source, this time they interviewed Fernando Henrique Cardoso. He is the former brazilian president from 1995-2002 and still a very important voice for the country. “Fernando Henrique Cardoso on Brazil’s future”. Cardoso share some light on the most important top
Sat, 4 Feb 2012 16:29:00 CST
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Italian, Spanish Bonds Advance as EU Finance Ministers Meet - Businessweek
Jan. 23 (Bloomberg) — Italian and Spanish bonds gained, outperforming bunds, on speculation European Union finance ministers meeting today in Brussels will make progress on measures to help resolve the region’s sovereign debt crisis.
2012-01-24T05:28:27Z
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Finance board wary of tax hike
Once you raise taxes, you are permanently stuck with the increase, warns Richard Smith, finance board chairman.
Fri, 03 Feb 2012 08:39:16 -0800
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Affirmative action policies promote women and do not harm efficiency in the laboratory.

Science. 2012 Feb 3; 335(6068): 579-82
Balafoutas L, Sutter M

Gender differences in choosing to enter competitions are one source of unequal labor market outcomes concerning wages and promotions. Given that studying the effects of policy interventions to support women is difficult with field data because of measurement problems and potential lack of control, we evaluated, in a set of controlled laboratory experiments, four interventions: quotas, where one of two winners of a competition must be female; two variants of preferential treatment, where a fixed increment is added to women’s performance; and repetition of the competition, where a second competition takes place if no woman is among the winners. Compared with no intervention, all interventions encourage women to enter competitions more often, and performance is at least equally good, both during and after the competition.

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