Updated May 6 at 9:27pm
Op-ed / Letters to the Editor
90 results total, viewing 51 - 60
Two years ago, we gathered with 300 business and community leaders at the R.I. Convention Center for Make It Happen RI. Our goal was to generate new ideas and specific action steps for improving Rhode Island’s economy. We are frequently asked, so what happened? The two-year mark seems like a good chance to reflect. more
When Reggie Jackson’s five-year, $2.9 million contract with the New York Yankees kicked off baseball’s free-agent era in 1976, a box seat at Yankee Stadium – the best in the house – would run you $5.50. Thirty-eight years later, the minimum salary for a major leaguer is just below Jackson’s then-record amount. more
Manufacturing has changed greatly in the past 20 years in Rhode Island. We’ve moved from a mass- production environment to a mass-customization environment and many facets of this transformation are now critical to the region’s economic vitality. Let’s take a look at how local and global influences have had an impact on the Ocean State and how the state can move forward based on what can be learned from its recent experience. more
The Vermont single-payer initiative, which was cited both locally and nationally as a transformational model for a lower-cost health care system, collapsed in the latter part of December. It couldn’t work because it tried to replace the employer-based system – one in which a majority of consumers receive health insurance from their employer – with an impractical proposal that would have required $2.5 billion in additional funding (in fiscal 2012, the state had only $2.7 billion in total tax revenue). more
Some have questioned the value of residential and mixed-use developments in downtown and other parts of Providence. Their question: “Don’t we need jobs, not housing?” The answer: Residential and mixed-use projects will produce jobs, as well as other long-term benefits to our city and our state. more
Could the innovation that has helped drive human prosperity for centuries finally be petering out? Some worry that the easy discoveries in science and technology have been made, and it will only get harder from here. Is this believable? more
There is often a misconception about the scope of export-controls regulations. Consider, for example, a manufacturing company that sells its products, maybe including military items, to customers that are all in the U.S. Perhaps the customer is the U.S. federal government itself, either the Department of Defense or one of its military branches. Alternatively, consider a company that is not a manufacturer, but rather solely a provider of engineering or other services to domestic clients or perhaps directly to the U.S. government. more
If there were any doubts that 2014 would go down in history as a turning point for auto safety, last month’s Senate Commerce, Science and Transportation Committee hearing on defective air bags erased them. Coming on the heels of the still-expanding investigation into General Motors’ faulty ignition switches, the congressional grilling of air-bag supplier Takata and customers Honda and Chrysler was yet another demonstration of the auto industry’s inability to find and fix deadly defects. This year’s scandals have not only shattered recall records, but they also have repeatedly exposed systemic failures by automakers, suppliers and regulators alike. more
As a fan of investor psychology, I find sentiment intriguing. Measuring it is a challenge. We can’t trust what people say because they become bullish after they buy and bearish after they sell, convincing themselves that past trades were the correct way to go. more
Does finance create value? Does it just siphon money from some people and give it to others? Does it destroy value? I see people asking these questions all the time for a pretty obvious reason: there has been broad public suspicion of finance for as long as the industry has been around. But if we want to try answering these questions, there are some tricky issues we need to think about. more
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