This paper explores the synchronicity of two mega-crises we are now facing: The BP oil spill and the repercussions of the 2008 financial meltdown. It examines some key common threads in both of these crises. The overarching message is that firms must maintain a culture of social responsibility,...

One of the most important prerequisites for effective leadership is powerful communication. This has been observed throughout all of human history, and examples of powerful communication may be found even in one of the oldest documents of record, the Hebrew Bible. This paper examined a small...

Purpose: There is a great deal of interest in discovering the secrets of business success according to the Talmud. This interest is satisfied in the present paper by listing and explaining some principles, stories, and cases from the Talmud.Approach: The topic is approached in the manner of...

This paper discusses various cases, stories, and examples involving the use of statistics that can add excitement to an introductory statistics course. Teaching statistics as a mathematics course does not work for students interested in careers in business and accounting. What is needed, the...

The economic path we are currently on, which focuses on extreme materialism and overconsumption, is leading us to destruction. It is not sustainable and is destroying the true values that result in a healthy and happy society. After the financial meltdown of 2008, it is becoming very obvious...

One of the great ironies of the financial meltdown of 2008 – which was really more of a values meltdown – is that very few U.S. laws were actually broken. This paper investigates the financial crisis from a different legal perspective – that of Jewish law, using six framing principles:...

Probability and statistics are powerful weapons that can help people make good decisions, but that can also be used to wreak havoc. This paper is the first in a series designed to provide examples to students of how statistics can be used and misused to mislead the public and result in poor...

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...

Evidence is mounting that the United States is losing its edge as a world leader when it comes to educating its citizens. It now ranks 13th in college graduation rates. In a recent 24-country Survey of Adult Skills, the U.S. ranked 16th in literary proficiency and 21st in numeracy proficiency....

Business is a very popular major today. Numerous articles have been written attacking the business major claiming that it is not rigorous enough and does not teach what it purports to do, especially in areas such as ethics. This paper discusses some of the issues with business as a major and...