Updated January 24 at 4:24pm
Op-ed / Letters to the Editor
46 results total, viewing 1 - 10
As costs for higher education skyrocket and enrollments in graduate-level business programs level off, business schools face an urgent need to remake themselves. They must consider not just devising alternative delivery formats, but also revamping cost structures, staffing systems and other traditional aspects of the existing business model that make education almost unaffordable. In so doing, they could lead the way for change throughout higher education. more
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
Investors probably will never bury venture-capital firms under the mountains of cash that they once did in such banner years as 2000 and 2001, during the height of dot-com madness, when VCs could take in tens of billions of dollars in a single quarter. more
One of the most comical features of the net-neutrality debate is that both sides say the other is trying to stifle innovation. Both are probably wrong: true innovation is a threat to both of them, and its speed probably depends on whose victory will have the most onerous consequences. more
Question 5 on this year’s ballot would authorize the Creative and Cultural Economy Bond, a $35 million bond to support local performing-arts facilities and preservation projects. Although the bonds directly support projects within the arts industry, those projects would support jobs for thousands of Rhode Islanders and contribute to the continued revitalization of the state’s downtown areas. more
The Catch of the Day goes to health care economist Aaron Carroll, who refutes a complaint that President Barack Obama rejected bipartisanship when he rammed through his health care law. According to the critic, Ron Fournier of the National Journal, Obama should have accepted a scaled-up version of Romneycare. more
When I wrote recently about the joys of the 15-year mortgage, I got the same reaction from a lot of people: “Why would you repay a loan when at these low rates, it’s practically free money?” more
U.S. consumers may well remember the days, pre-2012, when shopping for an airline ticket was complicated by the airlines’ favored pricing scheme. Back then, an advertised $240 fare might suddenly turn out to be a $300 fare, given that taxes account for roughly 20 percent of the average domestic U.S. airfare. Passengers hated the system while the airlines – which hate price-comparison shoppers, because they drive down prices – embraced it. Fortunately, in 2012, the Department of Transportation imposed a rule requiring that the airlines advertise fares inclusive of the base fare, taxes and fees. Yet, notably, the rule didn’t prohibit the airlines from publishing the taxes and fees separately; it just required that they do so less prominently than the advertised, fully inclusive fare. The airlines, incensed at this pro-consumer bit of rulemaking, have been trying to overturn it ever since. more
Amazon.com Inc.’s recent announcement that it would pay $970 million in cash to buy Twitch Interactive Inc., a hugely popular game-streaming service that is just over 3 years old, marks a key moment for telecommunications policy in the U.S. But the reason might be unexpected. more
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