Updated January 29 at 9:29pm
Op-ed / Letters to the Editor
44 results total, viewing 21 - 30
When Reggie Jackson’s five-year, $2.9 million contract with the New York Yankees kicked off baseball’s free-agent era in 1976, a box seat at Yankee Stadium – the best in the house – would run you $5.50. Thirty-eight years later, the minimum salary for a major leaguer is just below Jackson’s then-record amount. more
Manufacturing has changed greatly in the past 20 years in Rhode Island. We’ve moved from a mass- production environment to a mass-customization environment and many facets of this transformation are now critical to the region’s economic vitality. Let’s take a look at how local and global influences have had an impact on the Ocean State and how the state can move forward based on what can be learned from its recent experience. more
The Vermont single-payer initiative, which was cited both locally and nationally as a transformational model for a lower-cost health care system, collapsed in the latter part of December. It couldn’t work because it tried to replace the employer-based system – one in which a majority of consumers receive health insurance from their employer – with an impractical proposal that would have required $2.5 billion in additional funding (in fiscal 2012, the state had only $2.7 billion in total tax revenue). more
Could the innovation that has helped drive human prosperity for centuries finally be petering out? Some worry that the easy discoveries in science and technology have been made, and it will only get harder from here. Is this believable? more
There is often a misconception about the scope of export-controls regulations. Consider, for example, a manufacturing company that sells its products, maybe including military items, to customers that are all in the U.S. Perhaps the customer is the U.S. federal government itself, either the Department of Defense or one of its military branches. Alternatively, consider a company that is not a manufacturer, but rather solely a provider of engineering or other services to domestic clients or perhaps directly to the U.S. government. more
If there were any doubts that 2014 would go down in history as a turning point for auto safety, last month’s Senate Commerce, Science and Transportation Committee hearing on defective air bags erased them. Coming on the heels of the still-expanding investigation into General Motors’ faulty ignition switches, the congressional grilling of air-bag supplier Takata and customers Honda and Chrysler was yet another demonstration of the auto industry’s inability to find and fix deadly defects. This year’s scandals have not only shattered recall records, but they also have repeatedly exposed systemic failures by automakers, suppliers and regulators alike. more
As a fan of investor psychology, I find sentiment intriguing. Measuring it is a challenge. We can’t trust what people say because they become bullish after they buy and bearish after they sell, convincing themselves that past trades were the correct way to go. more
A recent Providence Business News article (“Rewarding students with a jump-start on life,” Jan. 5, 2015) pointed out that local businesses can play an important part in the educational process. more
On Jan. 5, The New York Times ran an article about the anguished outcry of Harvard University’s faculty over the imposition of copays and deductibles for their health care coverage. Even with these changes, coverage for Harvard’s employees remains significantly richer than that typically in the marketplace. more
Tom Friedman, author of “The World is Flat,” told us in 2005 about a fast-moving economic platform, accelerated by information technology advances, which created an environment in which it’s easy to source talent and do business globally. more
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