There is a great deal of interest in the Talmud today, especially in much of Asia. South Koreans, in particular, have developed a fascination with the Talmud and have made it part of their curriculum. Many Korean homes have a version of the Talmud and call it the “Light of Knowledge.” The...

In this paper it is argued that two kinds of capitalism are engaged in a great struggle in the United States. Both approaches are derived from the opinions of Adam Smith, the father of capitalism, who posited in The Wealth of Nations that universal self-interest and the “invisible hand” of...

In the highly competitive age of the Internet and globalization, an organization has to be creative to prosper. This means that people have to work together and learn how to have productive meetings. Today's U.S. Congress is a prime example of what happens when people have lost the ability to...

The authors demonstrate how the Book of Psalms with its 150 inspiring and rousing hymns can be used to teach timeless and critical values to people. These values include persistence, faith, honesty, assistance to the underprivileged, concern for others, importance of community, compassion,...

This paper examines four terms that are used a great deal by economists and demonstrates that they are often misunderstood. Not fully comprehending the meaning of these terms can result in serious problems for society. Thus, Greenspan admitted that not knowing how self-interest works resulted in...

Adam Smith demonstrated how self-interest and the “invisible hand” of the marketplace allocated scarce resources efficiently and promoted social welfare. Unfortunately, the invisible hand argument led to the belief that regulation is unnecessary and that “greed is good.” This paper uses...

A number of leaders have been able to bounce back from major scandals. These include such political personalities as Barney Frank, Bill Clinton, David Vitter, and Mark Sanford. Clearly, a big scandal does not have to result in the end of one’s career. Currently, two well-known disgraced New...

Much can be learned from negative leadership, possibly even more than from positive leadership. This paper examines the statements of one of the world’s most notorious leaders, Adolf Hitler, to see what can be learned about leadership. An examination of these quotations will make it quite...

The Talmud is a rich and complex text with a wealth of insights on living a meaningful, productive life. One way to learn from the Talmud is to examine its stories. Another way, which this paper will take, is to study the many aphorisms and maxims found in the Talmud. These sayings offer further...

We design a laboratory experiment to identify causal performance effects of top-down communication between managers and their subordinates. Our focus lies on communication that resolves uncertainty about the work environment but does not provide task-specific knowledge. Recent articles in the...