Welcome to teachers’ elections, offering a cured selection of FT articles and so that the faculty of the Business School connects the classrooms with current events and develop the critical thinking of students.
We appreciate contributions aligned with the traditional issues of the Business School and broader interdisciplinary issues. Contact bschool@ft.com And share your suggestions.
Contributions this week of Tom DavisClinical Assistant Professor, Joseph M. Katz Graduate School of Business, University of Pittsburgh.
Manage risk and uncertainty
“Wall Street’s ai ‘Bubble’ echoes the excesses of Dotcom, Ray Dalio warns”
Tags: Ai, technology, stock market, USA, China, export restrictions
Summary: The billionaire investor Ray Dalio warned that the increase in the assessments of the US actions. . He highlighted the high prices combined with the risks of interest rate as factors that could “prick the bubble.” Dalio emphasized that although AI will change the world, many combine technological success with financial success and profitable investments. With the growing technological competence between the United States and China, initiatives supported by the State and heavy investments in the underline their fundamental role in economic and military supremacy.
Classroom application: This article provides a platform for teachers and students to analyze what constitutes a stock market bubble, how financial success is not suitable for promoting technological success in some cases, and different approaches to governments to support technologies Criticisms for economic and military supremacy.
Questions:
-
Why could Ray Dalio’s opinion of this issue be of particular interest?
-
What other “bubbles” of the stock market have occurred among the dotcom bubble of the late nineties and today? What were the drivers who led to those other bubbles and their explosion?
-
What other important industries for economic and military supremacy have been supported differently by the United States and other governments?
-
What are the risks associated with a “type of industrial complex policy?, Activity ordered by the Government and influenced by the Government”? And what are the risks of avoiding that approach?
Ethics
McKinsey considers the sale of internal asset manager after years of controversy
Tags: Business Ethics, Management Consulting, Assets Management, Private Capital, SEC
Summary: McKinsey is considering turning his members of the asset manager of $ 23 billion after the past concerns of the conflict of interest and a fine of the SEC of $ 18mn that led to the governance reforms. Mine now focuses on macro trade instead of individual or private actions or bonds; However, the questions persist about the relationship between McKinsey and Mio Partners. A strategic review aims to explore alternative property structures while guaranteeing alignment with the long -term interests of McKinsey.
Classroom application: This article provides a platform for teachers and students to explore the ethical implications of consulting companies that have adjacent financial businesses.
Questions:
-
What is McKinsey’s main business?
-
What generates the conflict of interest that has led to the controversy over the years and the fine of the SEC in 2021?
-
From an ethical perspective, how is the conflict of interest a matter of deontology (“means”) against consequentialism (“ends”)?
-
How have the “great four” firms of interest accounting related to their assistant consulting divisions?
-
What is similar/different in these structures in relation to the between McKinsey and Mio Partners?
Did you receive comments on the selections of the teachers or who are willing to contribute? Contact bschool@ft.com Or add your articles and questions selected in the comments below.