Summer Reading Picks for Leaders
Maryland Smith Business Experts Share Book Recommendations
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COLLEGE PARK, Md., May 27, 2021 /PRNewswire/ The 18th annual Summer Reading List for Business Leaders from the University of Maryland s Robert H. Smith School of Business covers a range of topics again this year, including corporate strategy, AI, the pandemic, racism, burnout, love, the life of Thomas Edison, and the future of everything.
2030: How Today s Biggest Trends Will Collide and Reshape the Future of Everything by Mauro Guillen: The book outlines the major trends of today and shows how their interplay will determine our future. Some of the trends will feel familiar, but when Guillen gets into a discussion of the nuances, one finds oneself frequently surprised. For instance, by 2030, more than half the world s wealth will be owned by women, and much of the world s population growth will come from Africa. There is fascinat
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The Wharton EMBA adcom, through its three required questions, expresses its values and its interest in students who share those values. Its questions ask you to
American Attitudes and U.S. Population Growth
The U.S. Census Bureau s announcement that the country s population grew 7.4% over the past decade to 331,449,281 may seem like significant growth but in reality, it represents the second-lowest decade-to-decade growth rate since the U.S. Census began in 1790, behind only the stagnant growth of the 1930s during the Great Depression.
What are the implications of a slowing growth rate? We have seen many arguments historically that slowing growth could be a good thing. One may recall Paul Ehrlich s bestselling 1968 book,
The Population Bomb which, according to some reports, incited a worldwide fear of overpopulation, horrifying readers by arguing that because of population growth hundreds of millions of people are going to starve to death. Indeed, by 1992, Gallup polling showed 68% of Americans were worried about a great increase in population, although worry fell back to 48% by 1999, the last time Gallup asked about it. The worl
Hans-Hermann Hoppe has argued that monarchies take a longer-term view of their national economies and therefore are more likely to pursue more stable and secure economies. That is, among monarchs, the desire to maximize wealth promotes more farsightedness than exists in democratic regimes. Due to the lower time preference of monarchs, they are less likely to succumb to the whims of economic populism.
Hoppe outlines this argument in a 1995 article:
A private government owner will predictably try to maximize his total wealth, i.e., the present value of his estate and his current income…. Accordingly, a private government owner will want to avoid exploiting his subjects so heavily, for instance, as to reduce his future earnings potential to such an extent that the present value of his estate actually falls. Instead, in order to preserve or possibly even enhance the value of his personal property, he will systematically restrain himself in his exploitation policies. For the lowe