Back in the 1980s, lots of serious-minded people loudly lamented the fact that Wall Streeters were making more money than the corporate executives, and that all the smartest young MBAs were going to Salomon Brothers instead of Procter & Gamble. Then came the 1990s, when corporate CEOs made more than investment bankers, and all the cool …
New column: Why the dollar is so weak
My latest column is up online and in the issue of Time with the V-22 Osprey on the cover. It begins:
Spend some time in the hotels, restaurants and even newsstands of Western Europe these days, and as an American you understand pretty quickly that you’re poorer than you once were. To be precise, you’re 40% poorer–to go by the
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I was in a commuter marriage
It was no commute a sane person would fathom. From early 2001 to late 2002, I lived and worked in Tokyo–6,737 miles (10,840 km) away (according to this useful calculator) from my husband, who remained home in Leonia, N.J.
Why would either of us even contemplate such a crazy set-up? Work, of course. I was offered my dream job: Tokyo …
Gratuitous automotive photos from Copenhagen
I saw this Austin Minor near the campus of the Copenhagen Business School. And I thought it was a beautiful thing. So was this Volvo driving through the City Hall Square:
I’m flying back to the U.S. today (Friday). So this will probably be the last of my Copenhagen dispatches.
More Lego excitement
By popular demand, a couple more photos from the Lego factory in Billund. A molding machine rolls out some black Legos:
And a robot, nicknamed “Olfert,” replaces a full box of translucent green pieces with an empty one:
The Danish prime minister says he’d cut taxes more but voters don’t want him to
Thursday afternoon I went to the annual summit of the Danish Confederation of Industries (Dansk Industri). There is nothing elsewhere in the Western world that compares with this organization: It is the Chamber of Commerce, the Business Roundtable and several other corporate organizations whose names I can’t think of, all rolled into …
Charming Danish customs
This was at the employment ministry Wednesday. I assumed the sign said “take one” rather than, say, “poison,” so I took one and ate it. Pretty good. And I’m still alive.
I’d heard of the Copenhagen city bike system, where you put in a 20 kroner (about $4) coin to get a bike, then get the money back when you return the bike to one of …
Obligatory scenic Copenhagen photo, and more
Yeah, I probably ought to be commenting on the GM-UAW deal. But I’ve been running around interviewing Danes all day everyday for an article I’m going to write on the swell Danish economy, and don’t have many brain cells left over for the American economy. I took this shot Wednesday on the way to a meeting with Knud Romer, author of the …
Guaranteed job security? What’s that?
So the striking workers at General Motors got off the picket line today after their union reps hammered out what some are calling a historic deal with management, says CNNMoney.com. The historic aspect had to do with the agreed-upon creation of a trust fund to be managed by the union and that would assume the costs of retiree health …
A shocking image from a Danish gas station
To translate: That’s $5.98 for exactly one gallon of diesel fuel, which is substantially cheaper than gas. (I was topping off the tank on my rental car before returning it at the Billund Airport Monday afternoon; hence the small amount–although I had no idea it would work out to be a gallon.)
Where I want to work when I grow up
This is part of the newsroom at Politiken, one of the leading Danish dailies (not the one that ran the cartoons, although they’re owned by the same company). I know it’s not much of a photo–I’m way too self-conscious to be any good as a photographer; I just want to take the shot quickly and unobtrusively and move on before anybody …
GM strikers play a dangerous game
Here are two industries I don’t closely follow: automotive and labor unions. That latter is one I should probably watch more carefully, seeing as unions have historically played an important role in American work life. I certainly get a lot of press releases from them announcing new bills in Congress or lawsuits against employers.
The …