Does the gender diversity of boards of directors matter? A
recent research report from Credit Suisse (click here) suggests that the
presence of women on boards is correlated with better firm performance. This
raises an interesting economic question: why should the presence of women on
boards matter? Are women more empathetic
with employees and therefore better managers?
Are women better at selecting successful firms? Are successful firms able to have the luxury
of having more women on their boards?
Are women better at multi-tasking (a key skill for modern corporate
managers)? Are women on boards so good
at their job because they have been toughened up by constant male chauvinism on
their rise up the corporate ladder? This subject would be a great PhD topic for
someone! Click here to read an older post on this issue.
According to Robert Shiller , speaking at Davos, Bitcoin is a perfect example of a bubble - story here . Shiller sees Bitcoin as a backwards step in the evolution of money. George Selgin , a free banker, takes an opposing view - click here . Although he doesn't believe that Bitcoin is money, he sees its development as a fascinating turn in the evolution of money. In particular, he lauds the fact that Bitcoin production is constrained and cannot be infinite. There is a short video below where Bitcoin explain how it works.