Category: Finance

“Great job! You’re fired!”: Part 2, You’re fired!

1 December, 2016 (09:00) | Capital markets, China, Finance, Global news, Government, Lou Jiwei, organizational behavior, Politics, Speculation | No comments

By: David A. Smith    [Continued from yesterday’s Part 1.]   As we saw in yesterday’s Part 1, using as source material a Wall Street Journal (November 7, 2016) story coupled with a personal experience from thirty-plus years ago (sepia font), Lou Jiwei had been hand-picked as China’s Finance Minister by none other than Xi […]

“Great job! You’re fired!”: Part 1, Great job!

30 November, 2016 (09:00) | Capital markets, China, Finance, Global news, Government, Lou Jiwei, organizational behavior, Politics, Speculation | No comments

By: David A. Smith   In life there are technocrats and there are politicians, and in political situations the former usually work for the latter – and are fired by the latter where their usefulness is over.  As reported in the Wall Street Journal (November 7, 2016):   BEIJING—China removed its high-profile, reformist finance minister […]

Pre-municipal cities, four typologies: Part 4b, The factory company factory town

19 July, 2016 (09:00) | Abbeys, castles, cathedrals, Cities, company town, Employer-assisted, Finance, History, Housing, Infrastructure, New Lanark, Robert Owen, Scotland, Speculation, Theory, Workforce housing | 1 comment

  [Continued from the previous Part 4a and the preceding Part 1, Part 2, Part 3a, Part 3b, Part 3c, Part 3d, Part 3e, and Part 3f.]   By: David A. Smith   Our journey through pre-municipal urban living, begun on a rainy weekday morning with the Boss’s and my contemplation of the now-buried Roman […]

Pre-municipal cities, four typologies: Part 4a, The manufacturing company town

18 July, 2016 (09:01) | Abbeys, castles, cathedrals, Cities, company town, Employer-assisted, Finance, History, Housing, Infrastructure, New Lanark, Robert Owen, Scotland, Speculation, Theory, Workforce housing |

  [Continued from the previous Part 3f and the preceding Part 1, Part 2, Part 3a, Part 3b, Part 3c, Part 3d, and Part 3e.]   By: David A. Smith   Of the three pre-municipal urban typologies so far considered, their demise came in three distinct ways:   1.     Amortization of value proposition.  Roman forts […]

Pre-municipal cities, four typologies: Part 3f, The abbeys’ overreach and their destruction

14 July, 2016 (09:00) | Abbeys, castles, cathedrals, Cities, Employer-assisted, Finance, History, Housing, Infrastructure, New Lanark, Roman Empire, Scotland, Speculation, Theory, Trimontium, Workforce housing |

[Continued from the previous Part 3e and the preceding Part 1, Part 2, Part 3a, Part 3b, Part 3c, and Part 3d.]   By: David A. Smith   By now, to my astonishment and quite possibly yours, the exposition of the third pre-municipal typology of urbanization – the abbey campus headquartered by an abbey or […]