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...

This paper examines the rankings of the United States in key areas so that people can see for themselves how well the country is actually doing. Areas examined include: percentage of people living below the poverty line, children living in poverty, income inequality, median wealth per adult,...

This article is designed to help business schools implement ethics assessment with a sample ethics assessment plan. It contains the following components:1. Ethics Learning Objective2. Learning Goals3. Assessment Tool4. Assessment Instrument5. Assessment Rubric

This paper describes skills that today's accounting and business students must acquire to achieve success in the corporate world. Students without these skills may get jobs but will ultimately find themselves underemployed in dead-end jobs. Although specialized knowledge in a discipline is...

Critical to success in today's world, characterized by the knowledge economy, is the ability to communicate and collaborate across the boundaries of cultures, disciplines, and functional areas. In the knowledge economy, where people tend to work in groups, what matters most is the “c...

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...

A fundamental principle taught to all accounting and business students is that the goal of the firm is maximization of shareholder value (MSV). In order for accountants and auditors to provide firms with ethical recommendations that keep it strong and healthy, they must understand the negative...

The multiple response problem in simulation analysis refers to the statistical design and analysis of simulation experiments which output more than a single response variable, or measure of effectiveness. In this article, the multivariate response simulation model is defined and some historical...

Jewish humor is generally considered to be self-deprecating rather than mocking. This paper studies one Jewish humor trope in which disparagement is used – that of the pious fool. The Talmud presents the chasid shoteh (pious fool) as one who could destroy the world; his piety is a danger to...

The Second Temple in Jerusalem was destroyed by the Romans in the year 70 C.E. and a large part of the Jewish population was either killed, sent into exile, or sold into slavery. The sages of the Talmud and Midrash attempted to answer the question as to why Jerusalem and the Temple were...