As Facebook prepares to file its IPO documents with the U.S. Securities and Exchange Commission — as soon as Wednesday, according to recent reports — the company is trying to make the argument that it adds more to the economy …
Davos
My Top Five Takeaways from Davos
One of the challenges of covering the World Economic Forum at Davos as a journalist is making sense of the whole thing. The forum is days and days of wandering conversations and endless debates on just about every subject you can …
Why the Eurozone Can’t Just Muddle Through
There’s a growing optimism that the common European currency can be saved, but the numbers argue that this is unrealistic.
My Brief (but Valuable) Visit with the 1% at Davos
As my train pulled into the station at a snow-covered Davos a few days ago, I was prepared to be cynical. I’d had dinner the night before with an old friend, a former chairman of a major American company, who was usually a …
At Davos, Why Is No One Talking About the Poor?
I first learned about the World Economic Forum at Davos as a greenhorn in college. At the time, I was knee-deep in coursework on economic development, a field that extols the social and economic virtues of tending to the world’s …
Are Companies More Powerful Than Countries?
In 2008, after Lehman Brothers fell and the financial crisis and global recession began, the conventional wisdom was that we were entering an era in which government would take back power from business. In fact, just the opposite …
Couldn’t Make Davos This Year? Here Are the 5 Things Everyone’s Talking About
The topics and tropes fall faster than snowflakes here in Davos, where several thousand of the world’s leading business people, politicians and policy makers gather once a year for an annual think-fest. And with literally …
Why Manufacturing Can’t Solve The Jobs Problem
Here in snowy Davos, the topic of job creation has been about as popular as the passed canapés and free champagne. Not surprisingly, President Obama’s latest jobs proposals — a combination of taxing outsourcing corporations …
Huffington: Financial Crisis or Empathy Crisis?
Last night at a cocktail party I attended in Davos, the queen of new media, Arianna Huffington, did a surprising thing. She asked people to unplug from their Blackberries and—gasp—slow down. Multi-tasking is ubiquitous at …
Guess What — I Met an Optimist at Davos!
In a world economy gripped by fear and smothered in uncertainty, I managed to meet someone here able to shine a bright light through the gloom – Steve Ellis, worldwide managing director of consulting firm Bain & Co. Sure, we …
Smack Down at Davos: Merkel and Soros Spar on the Euro’s Future
The weather in Davos has offered a perfect setting for this year’s World Economic Forum. Heavy snowfall has made simply keeping your footing a difficult challenge; one ill-timed misstep on the ice could easily send you head …
The TIME at Davos Debate: Is Capitalism Working in the 21st Century?
During this year’s TIME at Davos debate, our international editor Jim Frederick posed some colossal questions: Is 20th century capitalism failing 21st century society? And if so, who’s responsible and what should we do to fix …