Author: EconLearner

So does this mean we no longer need to see each other in person? Is the distance dead? Not when it comes to collaborative learning, he says Hyejin Younassociate professor of management and organizations at the Kellogg School.Analyzing more than 17 million scientific publications over the past 45 years, Youn and Frank van der Wouden of the University of Hong Kong found that researchers who collaborated locally were much more likely to gain new knowledge from their teammates than those who collaborated remotely.That’s because being physically together—reading body language, looking at a problem on a whiteboard, and working together to…

But bureaucratic states—those organized around rules and run by unelected officials—are a recent phenomenon, historically speaking. For centuries, nations (especially geographically large ones) have ceded significant control to non-state actors. In so-called fiscal-agrarian regimes, for example, the government or monarch would sell the right to administer and collect taxes in each part of its territory to local owners.So how do modern bureaucratic states come about?To find out, a new study charts the formation of the federal bureaucracy in the United States during the nineteenth century. The study by Edoardo Teso, associate professor of management economics and decision sciences, and co-author…

In June 2022, US inflation hit a 40-year high. By December 2023, however, it had declined significantly, according to the latest data from the US Bureau of Labor Statistics (BLS). This decline can be attributed to a number of factors, including interest rate hikes by the US Federal Reserve, supply chain efficiencies and falling gasoline prices. Although inflation has eased, consumers are still feeling the sting of higher prices. This is due to the fact that prices have increased significantly compared to pre-pandemic. If we compare prices in December 2023 to January 2020, overall prices are up 19%, food prices…

Patrice Motsepe reveals financial management & business ideas to become a millionaire in Africa. Patrice Motsepe, a South …

The top row An asteroid the size of a football field will pass Earth on Friday, and because of its size and how close it is coming to Earth, NASA scientists are keeping an eye on it for any potential danger. An asteroid is floating in space.Universal Images Group via Getty Images Basic elements An 890-foot asteroid will fly past Earth on Friday, coming within 1.7 million miles of the planet — about seven times farther than the Moon — and traveling at about 11 miles per second, according at NASA’s Jet Propulsion Laboratory. The asteroid, called Asteroid 2008 OS7,…

Joining a social media stack, asking for someone’s firing in an online petition: these are ways to show others where we stand on social issues and gain praise from like-minded peers.But this kind of virtue signaling has come under scrutiny, thanks in part to high-profile incidents where people have been quick to condemn, only to back off later as additional evidence comes in.Consider the Harvard professors who expressed dismay at their university’s decision to sanction a colleague for sexual harassment, only to find that the majority later retract their words, admitting that they “didn’t have full facts about the case.”…

Cyberbullying can affect users of all ages.Getty Much attention has been paid to the impact of social media on children—including in Senate hearings this week where lawmakers grilled the platforms’ heads. However, many of the biggest problems of social media are not limited to children. Perhaps as an extension of our political divide or simply the fact that there is little decency online, social media has allowed many adults to act. Cyberbullying isn’t just affecting kids these days and the problem could be getting worse, experts have warned. It can include personal attacks that instead of constructive criticism are often…

It’s a gut-wrenching dilemma: you can report the transgression to your manager, or you can stay true to your friend and keep your lips zipped. Which path is considered morally just?There are no easy answers here. “The classic view from ethics research is that being loyal and being ethical go hand in hand,” says Ike Silver, assistant professor of marketing at the Kellogg School. But according to new research, whistleblowers must choose “between being seen as a loyal friend and being seen as a morally developed member of the community,” he says — both worthy goals.Silver’s new research digs into…

Losing money in a risky investment is a bad decision when you are in debt. Knowing that money could have went to paying off …

Juniper NetworksGetty Images Juniper Networks was announced Its AI-Native Networking Platform, designed to fully integrate artificial intelligence into network operations to improve experiences for users and operators. The platform, an industry first, is built to use AI to make network connections more reliable, secure and scalable. The platform combines campus, branch and data center networking solutions under one AI engine. Marvis Virtual Network Assistant is central to the platform, which delivers AI for IT operations, providing insights and automating network troubleshooting. Marvis Virtual Network Assistant Marvis VNA leverages artificial intelligence to provide network operators with dynamic insights and proactive guidance,…