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2:00PM Water Cooler 5/27/2021 | naked capitalism


Covid cases worldwide:
I think it makes more sense to look at all regions rather than individual countries (even if we know, for example, that WHO’s Southeast Asia is mostly India by sheer weight of numbers, even though many individual countries are having issues). And why is Africa such an enormous outlier? Readers?

Politics
“But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51
“They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune
“They had learned nothing, and forgotten nothing.” –Charles Maurice de Talleyrand-Périgord
Biden Administration
“Biden Administration Defends Huge Alaska Oil Drilling Project” [New York Times]. “The Biden administration is defending a huge Trump-era oil and gas project in the North Slope of Alaska designed to produce more than 100,000 barrels of oil a day for the next 30 years, despite President Biden’s ....

Ionian Sea , Oceans General , United States , Myrtle Beach , South Carolina , San Francisco , New Zealand , University Of Wisconsin , Tuscaloosa County , New York , Madhya Pradesh , Black Point , White House , District Of Columbia , South Dakota , Frank Herbert , Dominic Parker , Saira Rao , John Cornynr Texas , Mike Pompeo , Matt Gaetz , Enrico Cantoni , Pramila Jayapal , Bill Clinton , Mark Silk , Ron Desantis ,

The pros and cons of diversity in organisations


The pros and cons of diversity in organisations
Rawpixel.com/Shutterstock
Friday, April 23, 2021 11:44 AM UTC
Breaking down the old boys’ club in business, government and other organisations is intrinsically important. Ensuring greater diversity in organisations – on gender, racial, ethnic and other lines – is, simply put, the right thing to do.
But some advocates of greater diversity make an extra claim: that it improves the quality of decisions, and hence an organisation’s performance. Do the right thing
and increase profits or effectiveness. What’s not to like?
Robust empirical evidence to support this claim – that more diverse organisations perform better – is tricky to provide. One can look at more diverse organisations and compare them to less diverse ones. Suppose that more diverse organisations do, in fact, perform better. What does one conclude? ....

Benjamin Marx , Abhijit Banerjee , Vincent Pons , Michael Kremer , Esther Duflo , Tavneet Suri , பெஞ்சமின் மார்க்ஸ் , வின்சென்ட் போன்ஸ் , மைக்கேல் க்ரெமர் ,