Off-Track Betting
“Business enterprises are . . . organs of society. They do not exist for their own sake, but to fulfill a specific social purpose.” –Peter Drucker, Management: Tasks, Responsibilities, Practices Of all the damning emails that have emerged in the Goldman Sachs scandal, one in particular would have surely caught Peter Drucker’s eye: In a ...
Off-Track Betting: Why ATMs Are Better Than CDOs
Read Drucker Institute Executive Director Rick Wartzman’s column for Bloomberg BusinessWeek here, as he explores why many of the derivatives traded by Goldman Sachs fail to meet the test of a true innovation.
Off-Track Betting: Where Do We Draw the Line?
Hear Jay Prag, a Claremont Graduate University finance professor, on the challenges of regulating derivatives. If we equate derivatives with gambling what are the implications for Vegas and government sanctioned lotteries?
Off-Track Betting: Is Wall Street Betting on the Failure of Greece?
Hear Michael Greenberger, a University of Maryland Law professor and former top official at the Commodity Futures Trading Commission, on the relationship between the finance industry and the potential economic failure of Greece, Spain, Portugal and Italy.
Off-Track Betting: Michael Greenberger on the Casino that is Wall Street
Hear Michael Greenberger, a University of Maryland Law professor and former top official at the Commodity Futures Trading Commission, on how Goldman engaged in high-stakes gambling.
Off-Track Betting: Matthew Bishop on Business and Social Purpose
Listen to Matthew Bishop, co-author of The Road from Ruin: How to Revive Capitalism and Put America Back on Top, on the social purpose of business and the potential pitfalls of derivatives.
Off-Track Betting: Resource Guide
Drucker Apps rounds out this conversation with resources that will help you continue to explore the questions raised and discover how you can move from ideas to action. Did you know that there are Drucker Societies around the world now delivering presentations on “The Responsibility Gap”? Find out how you can join Drucker Society volunteers ...
Class Conflict
“Above all, in the knowledge society, the school becomes accountable for performance and results.” —Peter Drucker, Post-Capitalist Society The hottest debate in education right now is over attempts by federal officials to set common standards for public schools. Proponents argue that common standards are the most effective way to measure achievement, hold educators accountable and ...
Class Conflict: How Do Teachers Measure Up?
The debate over Common Educational Standards for students raises questions about not only setting standards for teachers but also assessing them. Read Rick Wartzman’s (Executive Director of The Drucker Institute) BusinessWeek column here, as he discusses American Federation of Teachers’ president Randi Weingarten’s call for wholesale changes in the way public school teachers are evaluated.
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