Look at the pictures below. In one you'll see the line for a gas station: it's about two or so miles long, and as it gets closer to the station the line doubles. In the other picture, people wait at the station to fill plastic containers. The average waiting time is 3 to 4 hours…

Even after having been identified as one of the culprits of the 2007-2008 financial crisis, securitization is making a come back, with support of some central bank officials.  Why? Securitization refers to the pooling and repackaging of assets in securities with claims on the cash flows generated by the asset. The final product of such…

Everyone has a right to his or her own good name and reputation. This is true because all human beings possess innate dignity that goes beyond our personal histories of success and failure, and our ethical or unethical actions. But why is it so difficult to put this fundamental principle of social coexistence into practice,…

Nearly every core aspect of the entrepreneurial process is subject to paradox. When thinking about entrepreneurs, are they born or made? And what about the emergence of opportunities: discovered or created? Then there is the evaluation process of an opportunity: instrumental or legitimate? In organizations, is the process of pursuing an opportunity based on planning or…