Here in the heartland, design, creativity and innovation thrive boosting the development of our diverse business sectors. Through its Annual Design Week, Kansas City joins other top cities internationally in celebrating design and educating communities about its effects in both industry and our daily lives.
The grasp of robots on our future, strengthening for decades, is about to tighten like a vise. Robots that think and move like people will inflict profound changes on our economy and society. People will get replaced by robots faster than the economy produces new jobs.
Fords F-150 pickup and plants that make them, including our own at Claycomo, will soon become a strategic asset in U.S. energy policy. Thats not an outlandish statement considering the better gas mileage expected from the F-150s that will hit showrooms soon.
Though most agree our federal tax system needs work, taxing the one financial institution system serving 96 million Americans is not the way to do it. Congress today should remember the wisdom of its 1934 class of predecessors and ensure that the credit union tax exemption is sustained for the benefit of American consumers.
An article in Rolling Stone by left-wing activist Jesse A. Myerson that demonizes capitalism shows what is hobbling public discourse these days. Predictably, liberals are cheering and conservatives recoiling. But Myersons proposals are not as fearsome as critics on the right believe. Neither are they as radical as cheerleaders on the left think.
The quotes of 2013 that captured my attention piled up in my Google Cloud account like a gathering storm. Looking back over them, you can see what you were most concerned about through the year. In sum, they reflect a feeling that we and our government have not yet fully grasped how severely technology and the Internet have shattered the old economy.
Sometimes, the answers to what concerns us can be just too difficult to face. Does the improving economy show that government shenanigans dont have that much effect? Will those who supported the Affordable Care Act feel like chumps if it doesnt work? Why wont the streetcar line in Kansas City be a success? Is KCI really worth saving?
Uncertainty about how the Affordable Care Act will unfold is creating havoc for employers, writes Jim Holland, a labor and employment lawyer in Fisher & Phillips Kansas City office. Its possible that executive orders will unilaterally change the directives being debated, that more provisions will be postponed or changed or that the ACA will simply implode under its own weight.
If youve just returned to the market or are just a rookie, you probably pay more attention to market reports and commentary from the financial press, pundits and equity analysts. Now may be a good time not only to brush up on hoary but effective market maxims, but to arm yourself against the hyperbole and outright nonsense issued by "expert" market observers.
What country are you in? Where is your business situated? In what country did your trade take place? Those were once questions whose answers were so obvious that no one asked them. Now they are questions that can drive financial regulators and tax collectors to distraction.
Bill Gross, the founder and chief investment officer of Pacific Investment Management Co., says that with the wealthy getting a bigger and bigger share of the nations income, its time to tax capital gains at the same rate as wage income. Whether you agree with Gross or not, Im sure his column rattled some gilded cages.
If education is a poor childs best shot at rising up the ladder of prosperity, why do public resources devoted to education lean so decisively in favor of the better off? The debate over how to improve educational standards, focused intently on grading students and teachers, mostly bypasses how the inequity of resources inevitably affects the outcome.
The bureaucrats now apologizing for the stillborn HealthCare.gov ignored or violated principles introduced to any first-year business student or learned the hard way by experienced executives. The blown startup will be a business school case study for a long time.
Todays higher education needs to be more than how to perform a job. Education must teach people how to think, how to solve problems and how to adapt in a world that certainly will continue to change and evolve, writes David J. Cook, the vice chancellor of the University of Kansas-Edwards Campus.
The downtown revival doesnt mean that Kansas City still couldnt be mismanaged and become a Detroit. Taxpayer dollars and incentives should always be used judiciously. But 25 years from now, I bet Kansas Citians will look at the Power & Light District and be glad its there.
Experience has proven that hiring with the intention of truly getting to know the employee is an honest, intelligent effort. Its important to take strides to engage and retain employees. However, its equally important to realize that the relationships you develop with your staff can be an active component in your companys growth even after they move on.
The wounds are still deep. Five years ago this fall, a financial system warped by misbegotten government policies and reckless risk-taking by bankers nearly imploded. The economy dived into the Great Recession. That ended in June 2009. A recovery began. Were still recovering.
Last year, the American Royal chose to honor our United States military with our parade theme. We wanted to give our military and veterans the proper thank you they deserve, writes Cynthia Pistilli Savage, the 2013 chairwoman of the American Royal. The event, full of American Royal pride and civic support, was such a successful event that we are doing it again on Saturday.
On warm fall evenings in the St. Peter/Waterway neighborhood, Waterway Park is the place to be. This urban park in Kansas City, Kan., bustles with activity as children climb on the jungle gym and adults stroll around the new walking path. But it wasnt always this way.
If the critics are right, the best case for drastically modifying the Affordable Care Act or repealing it outright may come from seeing a bad law in action. But for the time being, critics and obstructionists should stand down. Its too late now.
One of the largest art fairs in the country and one of the most popular among artists, the Plaza Art Fair has a tremendous economic impact on our city. More important than dollars and cents, though, is the immeasurable effect of the fair and the Plaza on the livability and appeal of Kansas City.
A recent article in The Star cited some of the overall challenges with Fannie Mae and Freddie Mac financing because of issues in markets such as Miami and across the country, the piece left out some of the bright spots that exist in Kansas Citys condo market.
Low interest rate college loans and other subsidies raise the question: In whose pocket does the money end up? Despite the protestations of educators, I dont think theyre immune from playing the subsidy game. Its a game hard to avoid.
Capitalism is culture. To sustain it, laws and institutions are important, but the more fundamental role is played by the basic human spirit of independence and initiative.
Philanthropy can serve as the basis for a family legacy not only for doing good for others, but also for forging deep and lasting bonds across generations. By working with a dedicated philanthropic solutions team to identify specific goals, you can create a program to ensure that your charitable vision is achieved.