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How Attracting More Foreign Skilled Workers and Entrepreneurs Can Improve the U.S. Immigration Policy

Posted by Giorgio Tomassetti on 22:56 in , ,
Immigration is an extremely complex topic of our time and the future of the United States will be partially shaped by the decisions and the actions taken today on this matter. In this paper, I want to answer the following question: how can we improve our immigration policy by attracting the best minds from all over the world and why this is important for the U.S.?


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Justice: What's the Right Thing to Do

Posted by Giorgio Tomassetti on 02:01 in , ,
In this post I want to summarize the main ideas described in the book “Justice: What's the Right Thing to Do?” by Michael J. Sandel.


In this book the author explores the whole concept of justice and how differently it can be perceived by each one of us. He does that in a very effective way by forcing the reader to face real life situations in which he is suppose to decide what the right thing to do is.
In the first chapter he presents us with three case studies. In the first one he talks about laws against price gouging, and in particular he talks about what happened to prices in Florida after Hurricane Charley. As the author points out, the arguments for and against price-gouging law revolve around three ideas: welfare, freedom and virtue. Then the author goes on debating over who should qualify for the Purple Heart. In order to solve this problem we need to first understand which virtues we want to honor with this medal

The last case study is about the recent bailout that followed the financial crises, and in particular the author discusses the way people felt about the bonuses that the top management of firms involved received. Although some thought that bonuses were necessary, most people believed that they were unjust mainly because they rewarded failure instead of success.

Sandel outlines three approaches to justice that help us understand they way people make decisions and he talks about each one of them throughout the book. The first one is the idea of maximizing welfare or, in other words, the concept of utilitarianism. The second approach is related to freedom and individual rights and the third sees justice as a concept related to virtue and good life.

Before describing the different approaches to justice, the author talks about the so called “moral dilemmas”. We can explain them by using the morally reasoning process, which leads each one of us in different directions based on our moral instincts and on the way we reflect and justify our choices. Conflicts in this case might be caused by incomplete reasoning or conflicting moral imperatives.

In chapter two Sandel discusses the concept of utilitarianism by comparing two different approaches. The first one is the one of Jeremy Bentham, which is more focused on maximizing pleasure and minimizing pain in order to maximize the overall utility, even though the rights of the individual might be ignored, for example in the case of torture. Also, this view is based on the idea that it is possible to measure moral goods on a single scale but in reality this is very hard to do. The second approach is John Stuart Mill’s version of utilitarianism, in which people should be free to do whatever they want, provided they don’t harm to others. Also Mill believes that there are higher and lower pleasures.

Chapter three is about Libertarianism which is based on the idea that government should be minimal and the individual should be free to choose on his own. Libertarians oppose paternalism, moral legislation and redistribution of income. Those who oppose libertarianism argue that, for example, taxation is good because we are part of society and we need to contribute. Also, they believe that rich people should give back because their wealth is partially created by the society. Sandel then discusses the implications related to the buying and selling of organs. Then the book goes on talking about markets and morals and how the free market can be based on either freedom (libertarian case) or welfare (utilitarian).

Chapter five talks about the importance of motive and Kant’s view on this. He believed that morality was about respecting people, no matter who they were, which means doing the right thing just because it feels right.
After that, Sandel discusses the concept of egalitarianism through John Rawls’ view, also explains how it differs from the libertarianism and the utilitarianism view. Rawls believed that people desire equality in terms of basic liberties and in terms of social and economic life.

Chapter either is dedicated to Aristotle view of justice which is about rewarding the right virtues, which are learned through experience, while chapter nine is about loyalty in a social meaning and it goes through different issues: from immigration to family obligations. Finally, in chapter ten Sandel expresses his feelings about what is going to be the new politics of the common good with some practical applications (abortion and stem cells, same sex marriage).

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Accept payments everywhere with Square

Posted by Giorgio Tomassetti on 06:06 in ,
Square is a company that allows you to receive payments using your phone. They provide you with a free card reader that you can plug in your mobile device and then for each transaction you pay a percentage based fee.
The idea behind this product is very innovative and allows anyone to easily receive payments anywhere.
Payments made by card are likely to increase in the coming years and Square could take advantage of this trend by targeting small businesses.


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Wondering what a Stock is? Take a look at this infographic

Posted by Giorgio Tomassetti on 22:30 in ,
Although the word "stock" could sound like a complicated concept to grasp, as you can see from this infographic, this is not true.


Personal Finance Software - Mint.com

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Khan Academ: the biggest online school in the world

Posted by Giorgio Tomassetti on 00:24 in , ,
In this video Salman Khan talks about his website Khan Academ, which is a collection of videos in which he teaches a wide variety of subjects, from algebra to chemistry. There are more than 1600 educational videos and it is now the most used open course video library on YouTube. The site is completely free and anyone from around the world can access it.


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Articolo sulla Prealpina

Posted by Giorgio Tomassetti on 05:14 in ,
Ringrazio Lucia Landoni per l'articolo sui miei siti che è uscito sulla Prealpina la scorsa settimana.

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Who Cheats More: Bankers or Politicians? Italians or Americans?

Posted by Giorgio Tomassetti on 14:54 in
Behavioral economist Dan Ariely describes an experiment he conducted to test the relative prevalence of cheating in various countries and cities. After revealing that bankers in New York cheated more than congressional staffers on Capitol Hill, Ariely quips: "They're junior politicians...more research is needed."


Complete video at http://fora.tv/2010/06/07/Dan_Ariely_The_Upside_of_Irrationality

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Learn How Google Works with this Infographic

Posted by Giorgio Tomassetti on 16:37 in
Finally an infographic that explains the way Google works. In just a few words you get a sense of how the most popular search engine indexes pages.

How Google Works.

Infographic by PPC Blog


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Drive: The Surprising Truth About What Motivates Us

Posted by Giorgio Tomassetti on 22:25 in ,
This lively RSA Animate, adapted from Dan Pink's talk at the RSA, illustrates the hidden truths behind what really motivates us at home and in the workplace.



Drive: The Surprising Truth About What Motivates Us



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Learn how the Bloom Box works

Posted by Giorgio Tomassetti on 17:03 in ,
Bloom Energy has developed a new kind of fuel cell that is generating a lot of buzz. Their Bloom Box, which is really small and less expensive than other energy sources, will enable homes and businesses to generate their own electricity and get off the electrical grid. They already have some customers, such as Walmart, Google, eBay and FedEx.
You can learn more about the Bloom Box with the following video.


Watch CBS News Videos Online

From: DigitalTrends

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GapMinder - The world explained in graphs

Posted by Giorgio Tomassetti on 19:24 in ,
Researcher Hans Rosling uses his cool data tools to show how countries are pulling themselves out of poverty. He demos Dollar Street, comparing households of varying income levels worldwide. Then he does something really amazing.



You can pay around with this graphs on the GapMinder website.

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The correlation between demographics and the S&P 500

Posted by Giorgio Tomassetti on 15:55 in ,

Demographics


The correlation between the S&P 500 and the number of people entering the prime savings age of 35 - 39 years shown in the chart is pretty interesting and, I would say, understandable. But the chart makes the stock market look a little bit like a ponzi scheme.
The good news is that U.S. demographic trends argue for a multi-decade bull run.

From: Business Insider

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