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Try hard but not too hard-cutting yourself some slack improves health and concentration, the Andy Grove principle for slack in your work routine reinforces this
09/15/2023
People forget that this applies to sports athletes and high achieving people. Andy Grove, founder of Intel and of Silicon Valley, believed in keeping some slack in his work routine and schedule. He left Hungary in 1956 after the Hungarian revolution and Russian invasion as a refugee, and graduated first in his class in the City College of New York in chemical engineering 3 years later. In 3 more years he obtained a PhD from UC Berkeley. In his book Output Management he says productive arrangement is one that keeps slack in the way that highway planners know that having too many cars compared to capacity means everything comes to a halt. In his daily work he always believed in having some slack. Today people pile on work upon work forgetting these basic principles. The other principle is leveraging of activities which is where the output comes from. To leverage effectively concentration of mind is needed and a chance to reflect and think, which requires slack and slack that adds additional time for healthy living that aids mindfulness. This adds to Motivation and Training which Grove says affect Output. To do this requires some slack to think and reflect and healthy lifestyles that power this process. This is also why the competing styles today show contrasts between those of Boeing's top managers and Stellantis managers similar to Grove and Musk's style for Tesla also shown in WSJ in the last few months being just the opposite.
Linked Articles
Burnt-out from work? Try following Hugh Jackman’s 85% rule
The Guardian 09/15/2023
Try Hard, but Not That Hard. 85% Is the Magic Number for Productivity.WSJ 09/11/2023
Indian Supreme Court decision that a politician is also a citizen and is also amenable to the same laws.
04/06/2023
India's Supreme Court rejects a petition by 14 political parties that asked for politicians to have immunity from prosecution. Or that there should be no cases filed against them because there are certain statistics related to the leaders. The court ruled that it cannot lay down law in the abstract. Specific cases need to be filed and the Court would rule in that specific case. The Supreme Court said -"Ultimately a politician is also a citizen, and as a citizen he or she is amenable to the same law."
Linked Articles
The Times of India 04/06/2023
Don’t let attacks deter you, Modi advises CBIHindustan Times 04/04/2023
The danger to the US, European Union and India of concentration of chip production in Taiwan
06/20/2022
Concentrating 92% of chip production that powers cell phones, laptops, computers in Taiwan makes no sense. Five fabs are concentrated in just 1 Science Park- Hsinshu Science Park in Taiwan. A missile attack could take out half of the world's chip supply. After Ukraine the US, EU and India, South Korea, Japan need to take this seriously. Action taken now will bring results over 3-5 years. The Free World depends on creation of new supply chains using manufacturing in the US, EU, India and Japan.
Linked Articles
Opinion | China Is Losing Its Bet on Chips
WSJ 06/20/2022
Opinion | Semiconductor Dependency Imperils American SecurityWSJ 06/20/2022
The Hong Kong, Taiwan crises and American risks in existing supply chains and manufacturing arrangements
10/06/2021
The crises in Hong Kong and Taiwan lead to a reevaluation of existing supply chain and manufacturing arrangements by the Biden administration. The coronavirus pandemic with over 700,000 deaths in the US and a large number of deaths in Europe and India are leading to a new awareness of the importance of manufacturing at home and not depending on far flung supply chains. Public perceptions have changed yet American companies continue to operate as before without an awareness of the changes in public perceptions.
Linked Articles
U.S. Trade Policy Adapts to a China That Will Never Change
WSJ 10/06/2021
China Would Be Able to Launch Attack on Taiwan by 2025, Island’s Defense Minister WarnsWSJ 10/06/2021
A new dawn for American manufacturing
12/15/2020
After three decades of decline American manufacturing reached a low point in 2020. Yet negative trends of low capital investment, lack of supply chain onshore, lack of investment in new technologies, are now being reversed. The warnings of the Trump administration are having an effect. There is now hope for a bright future with new investment and new technologies to regain U.S. leadership in manufacturing that it held for most of the twentieth century.
Linked Articles
U.S. Manufacturing: Why 2020 Was the Bottom of a Long Decline
WSJ 12/15/2020
The Covid Crisis Taught David Farr the Power and Limits of LeadershipWSJ 12/04/2020
The Women20 Summit in Berlin and the path for women to the workplace in Europe, the U.S., and other countries
05/08/2017
The views expressed at the Women20 Summit at the G-20 summit in Berlin reflect the views of women leaders including Angela Merkel. Problems women in the U.S. are facing are covered here by Fed chairwoman Janet Yellen. For the first time leaders of the stature of Merkel and Yellen are talking about these issues openly to drive the debate and clear the path for women.
Linked Articles
The real issues at Women20 | Business | DW.COM | 26.04.2017
DW.COM 04/26/2017
To Lift Growth, Janet Yellen Says, Make It Easier for Women to WorkThe New York Times 05/05/2017
Ukraine and the Minsk 2 agreement of Feb. 2015- (2) German and Italian views on implementation by June 2015
02/11/2015
Linked Articles
Hardening of Positions Undercuts Ukraine Peace Accord
New York Times 06/04/2015
In Ukraine, It’s Putin’s GameNew York Times 02/11/2015
U.S. Federal Reserve policy to leave bond buying tapering unchanged and the lower U.S. growth from adverse weather in 4th quarter 2013-1st quarter 2014
02/28/2014
Yellen leaves Fed policy on the same course as lower growth is attributed to bad weather in Feb. 2014.
Linked Articles
Yellen Sticks to Plan Amid Weather Doubts
Wall Street Journal 02/28/2014
That 2014 Growth Breakout? Not Looking LikelyWall Street Journal 03/02/2014
Faces the U.S. Federal Reserve's Janet Yellen will have in mind as she shapes Fed policies
01/23/2014
The long term unemployed will shape Yellen's thinking on Fed policy in 2014-2015, especially men of working age.
Linked Articles
More Men in Prime Working Ages Don't Have Jobs
Wall Street Journal 02/06/2014
Don’t Expect Job Data Alone to Persuade Fed on RatesNew York Times 01/23/2014
Governor Jerry Brown of California and former U.S. Fed chairman Volcker- reviving the great tradition of public service in the U.S.
05/29/2013
The public interest is critical for a nation to advance and create improvement. A vigorous tradition of public service is essential for the public interest to be preserved. It also commands the highest respect with its common sense approach setting aside ideologies, with its integrity, character and humility.
Linked Articles
Jerry Brown is spending more on ballot measures than on his own campaign - The Washington Post
Washington Post 10/24/2014
Volcker Plans to Restore Faith in GovernmentNew York Times 05/29/2013
The influence of Yale Professor James Tobin on Janet Yellen as she shapes Fed policy to tackle U.S. unemployment
12/13/2012
Linked Articles
Yellenâs Path From Liberal Theorist to Fed Voice for Jobs
New York Times 10/09/2013
A Fed Bank President's Idea Comes to LifeWall Street Journal 12/13/2012
German chancellor Merkel and the EU plan for aid to Spain's banks in Oct. 2012
10/18/2012
Merkel turns down an effort pushed by France and Spain at the Oct. 2012 EU leaders meeting for direct aid to Spanish banks. Instead money has to go from the European Stability Mechanism fund to Spain after a request by Spain for aid. The aid request by Spain would be met under program of conditionality set by the IMF, EU and ECB. Spain is delaying a request for aid as borrowing rates on Spanish bonds declined to about 5% by late October 2012. The Rajoy government in Spain faces regional spending problems and separatis sentiment in addition to high unemployment and a worsening situation with its banks. Merkel faces elections for chancellor in Germany in Sept. 2013 and says more time is needed to setup the eurozone banking supervisory authority- to be set up in the course of 2013 with the legal setup completed by Jan 2013 as a concession to France. This would push banking supervision and financial architecture till after the election.
Linked Articles
German Refusal on Bank Aid Mars European Summit
New York Times 10/19/2012
Europe Seeks a Spain StrategyWall Street Journal 10/18/2012
U.S. Federal Reserve policy with GDP growth of 1.5% in the second quarter of 2012
07/28/2012
Janet Yellen, deputy chairman at the U.S. Fed says there is need for the Fed to act considering the risks emerging from the eurozone and lack of policy direction from the U.S. Congress.
Linked Articles
Some at Fed Urge Pre-emptive Stimulus
New York Times 07/30/2012
Weak Economy Heads LowerWall Street Journal 07/28/2012
Mr. Trump's loosening of banking regulation and regulatory culture and the crisis it caused.
04/29/2023
The laws passed in the US Congress to limit the regulation of US banks imposed after the 2009 crisis led to leaving a gap for midsized banks where there would be less regulation. The appointment of Randy Quarles to Fed Vice Chair Supervision by Mr. Trump in 2019 led to the new culture which took the attitude the less regulation the better 14 years after the 2009 banking crisis, and the collapse of several banks in 2023, endangering the US banking system when the US needs a huge capacity to invest in the nation.
Linked Articles
Friendshoring- US Treasury Secretary Janet Yellen and Jake Sullivan NSA Advisor's call to invest in India
03/07/2023
American leaders president Biden, Treasury Secretary Janet Yellen, and National Security Advisor Jake Sullivan call for friendshoring- to invest in Indian manufacturing. This will reduce concentration of manufacturing in one country and create abetter more resilient supply chain. The pandemic and supply chain problems that added to inflation showed the extraordinary risks of the existing supply chain. As pointed out by FInance Minister Nirmala Sitharaman in an interview at Raisina Dialogue India is creating the right conditions to attract foreign investors in Indian maufacturing for advanced technologies.
Linked Articles
U.S. Pursues India as a Supply-Chain Alternative to China
WSJ 03/06/2023
Raisina Dialogue 2023: In conversation with Finance Minister Nirmala SitharamanThe Economic Times 03/06/2023
On the occasion of Mr. Biden's launch of Indo-Pacific Economic Framework bringing together workers and families of America, Europe and India
06/01/2022
In 1931 Gandhi visited the Lancashire textile mill in Darwen owned by Quaker and Socialist Davies family. This BBC account of that visit shows the enthusiasm of workers in Lancashire for "Gandeye" and how Gandhi felt the workers treated him as one of their own. Only 14 years later the same workers and families voted in Labour and Clement Atlee who immediately started the negotiations with Gandhi for Hind Swaraj and the independence of India. It shows how Gandhi would look at the economic alliances and new supply chain president Biden announced and Mr. Scholz of Germany called for at the Hanover Trade Fair in 2022 - that the sound foundation for a new supply chain is the interests of American and European workers and families, as well as interests of workers and families in partner countries such as India in the Free World.
Linked Articles
When Gandhi met Darwen's mill workers
BBC News 06/01/2022
Gandhi Jayanti 2018 special: When Mahatma Gandhi was welcomed by textile mill workers of LancashireThe Indian Express 06/01/2022
Jeff Bezos and Andy Jassy- the relentless focus at Amazon from books to online retail, from Kindle e-reader to cloud computing
02/04/2021
Linked Articles
Amazon: End of an era but also the dawn of a new day
The Times 02/04/2021
Profile: Andy Jassy, the new Amazon boss taking over from Jeff BezosThe Times 02/04/2021
How the Coronavirus test in the U.S. got delayed for 3 crucial weeks in February letting the pandemic spread quickly
08/21/2020
Three lost weeks in February starting February 9 when the FDA realized its third component of the test to test mutated virus had failed in use by labs but continued to persist in doing this on its own. Private labs of well known medical companies and university teaching hospitals were ready to develop and use their own tests with lightning speed and yet the FDA required its approval stalling that effort. FDA and HHS failure in the crisis led to the quick spread of the virus in Feb- March making any use of test and contact trace for containment ineffective. a crucial window of time was lost!
Linked Articles
FDA’s Authority to Regulate Lab Tests Is Curtailed
WSJ 08/21/2020
What Derailed America’s Covid Testing: Three Lost WeeksWSJ 08/18/2020
Ukraine and the Minsk 2 agreement of Feb. 2015- (1) the U.S. and Russian views on implementation by June 2015
06/06/2015
Linked Articles
Putin Urges Western Pressure on Ukraine in Peace Effort
New York Times 06/06/2015
Defense Chief: Subversion, ‘Big Lie’ Are in Russia’s ArsenalWall Street Journal 06/06/2015
Lt. Gen "Ben" Hodges, Commander U.S. Army in Europe, on the Russian moves towards Mariupol in eastern Ukraine in Feb. 2015
02/08/2015
Ben Hodges describes the Russian threat to peace in Eastern Europe under president Putin and the need for U.S. preparedness.
Linked Articles
The View From NATO’s Russian Front
Wall Street Journal 02/09/2015
Desperation and Destruction in Contested Ukraine CityNew York Times 02/08/2015
The events in Lviv and in the Square in Kiev Feb-20-21, 2014, that led to the collapse of the Yakunovych government in Ukraine
02/22/2014
A parallel diplomatic effort that may have been driven by the events in Lviv and in the Square and underestimated the depth of feeling in Ukraine and the organization of the protest movement.
Linked Articles
As His Fortunes Fell in Ukraine, a President Clung to Illusions
New York Times 02/23/2014
European Ministers Brokered Ukraine Political CompromiseWall Street Journal 02/22/2014
Putin and the excessive cost of the 2014 Sochi Winter Olympics in Russia approaching $51 billion
11/05/2013
The need for infrastructure spending in other parts of Russia, for R&D development and making the transition away from dependence on oil revenues, as competing needs for capital. This also happens as currency values are declining for emerging markets and it is increasingly difficult to attract foreign investment in 2014, leading to slowing growth with high inflation.
Linked Articles
Putin's Olympian Construction Zone
Wall Street Journal 11/05/2013
Putin’s Olympic Fever DreamNew York Times 01/22/2014
Chicago Fed president Evan's "7-3 plan" and U.S. Fed chairman Bernanke's announcement to keep interest rates low till unemployment reaches 6.5%
12/13/2012
Linked Articles
A Fed Bank President's Idea Comes to Life
Wall Street Journal 12/13/2012
Fed Ties Rates to JoblessnessWall Street Journal 12/13/2012
U.S. Fed chairman Bernanke's activist interest rate policies to tackle high unemployment and central bankers from MIT
12/12/2012
A pragmatic activist focus in economic thinking shaped at the MIT economics department in Cambridge, Masachusetts. The ECB's Mario Draghi, Bank of England's Mervyn King, and Bernanke shaped their thinking at MIT. Draghi and Bernanke had the same PhD. advisor- Stanley Fischer. Factors calling for a pragmatic approach include the lack of political agreement on th deficit, the housing and foreclosure crisis effects, higher inequality and unemployment effects on the middle class, the effects of the globalized economy on working class manufacturing jobs, people dropping out of the labor foce, and lower inflation, which called for a larger focus on unemployment. Bernanke emphasized the "enormous waste in human potential and productive resources of the economy" throughout 2009-2012. Draghi emphasized the abnormal nature of excessive borrowing interest rates for Italy and Spain during the ECB's bond buying efforts in 2011-2012. Both efforts had a stabilizing effect on the economies of the U.S. and Europe during a period of political discord about future policy.
Linked Articles
Wall Street Journal 12/13/2012
MIT Forged Activist Views of Central Bank Role and Cinched Central Bankers' TiesWall Street Journal 12/12/2012
The EU debate between France's Hollande and Germany's Merkel before and during the EU's Oct. 2012 meeting
10/17/2012
The issue was direct aid to Spanish banks and the early setup of an EU banking supervisor so that Spain could get early debt relief as its economy struggles with high unemployment of over 25%. Chancellor Merkel turned down direct aid to Spanish banks, and partly relented on banking supervision by agreeing to have the legislation completed by Jan 2013 and the actual setup of the supervision authority during the course of 2013, probably after elections in Germany in Sept. 2013.
Linked Articles
German Refusal on Bank Aid Mars European Summit
New York Times 10/19/2012
Hollande fires warning shot at Merkel over austerity on eve of EU summit | World news | guardian.co.ukThe Guardian 10/17/2012
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