“De-Mystifying Economics”
The current “politicization” of economics probably seems baffling to many of us who studied the hard lessons of history.
Latest News
Port of Baltimore May Not Reopen Until Summer Sales & Operations Planning (S&OP) Mastery A New Priority Greets Procurement Professionals in 2024 Cargo Shipping Remains on Hold in Baltimore Following Bridge Collapse Maximizing the Bottom Line: The Power of Procurement More NewsLatest Resource
Sales & Operations Planning (S&OP) Mastery In this Special Digital Edition of Supply Chain Management Review, you will find insights on the importance of sales and operations planning (S&OP) to an organization’s bottom line.All Resources
During the course of my undergraduate and graduate studies, I took a number of economics courses. I have had the “hard lessons” of history presented by professors of many different backgrounds, and different political leanings.
For those of you who had similar opportunities to learn about the art and science of economics, the current “politicization” of economics probably seems baffling. Were none of the extremists (on both sides of the aisle) awake during basic economics classes? Maybe they never took an economics course as part of their graduation requirements.
As I reflected on the current debate, I happened to spot a well-written synopsis of the subject:
http://talkingpointsmemo.com/documents/2011/08/letter-to-huelskamp.php?page=1
Written by the Director of the well-respected Congressional Budget Office, it responds to a freshman congressman’s request for an understanding of the effects of government spending on economic growth. It is well worth your time.
About the Author
Robert A Rudzki Robert A. Rudzki is a former Fortune 500 Senior Vice President & Chief Procurement Officer, who is now President of Greybeard Advisors LLC, a leading provider of advisory services for procurement transformation, strategic sourcing, and supply chain management. Bob is also the author of several leading business books including the supply management best-seller "Straight to the Bottom Line®", its highly-endorsed sequel "Next Level Supply Management Excellence," and the leadership book "Beat the Odds: Avoid Corporate Death & Build a Resilient Enterprise." You can reach him through his firm's website: www.GreybeardAdvisors.comSubscribe to Supply Chain Management Review Magazine!
Subscribe today. Don't Miss Out!Get in-depth coverage from industry experts with proven techniques for cutting supply chain costs and case studies in supply chain best practices.
Start Your Subscription Today!
It’s high time to go beyond visibility Driving supply chain flexibility in an uncertain and volatile world View More From this Issue