January 9, 2025

Bucks Blog: Thursday Reading: Jeans Tight? Blame the ‘Sandy Five’ Weight Gain

November 08

Thursday Reading: Jeans Tight? Blame the ‘Sandy Five’ Weight Gain

Blaming Hurricane Sandy for those tight jeans, devising passwords that drive hackers away, the pay-as-you-go remodel and other consumer-focused news from The New York Times.

Article source: http://bucks.blogs.nytimes.com/2012/11/08/thursday-reading-jeans-tight-blame-the-sandy-five-weight-gain/?partner=rss&emc=rss

Bucks Blog: Friday Reading: No SAT Test in Several States Because of Storm

November 02

Friday Reading: No SAT Test in Several States Because of Storm

The storm cancels SAT tests in several states, Westin hotels lend gear so travelers can exercise, how to keep electronics going with no power and other consumer-focused news from The New York Times.

Article source: http://bucks.blogs.nytimes.com/2012/11/02/friday-reading-no-sat-in-several-states-due-to-storm/?partner=rss&emc=rss

Media Decoder Blog: Digital Gains Help Newspaper Circulation Figures

A steady increase in digital circulation has helped newspapers combat the pressures on their print product, with average daily and Sunday circulation remaining essentially flat for the sixth-month period ending Sept. 30.

Digital circulation accounted for 15.3 percent of the total average circulation for newspapers in that period, up from 9.8 percent in the same period a year ago, an increase of more than 50 percent, according to figures released Tuesday by the Audit Bureau of Circulation. Those figures include readers using smartphones, tablets, e-readers or metered Web sites, the bureau said.

Daily circulation decreased an average of 0.2 percent during the six-month period for the 613 newspapers that report comparable figures. Sunday circulation increased by 0.6 percent, the data showed.

Digital gains helped some newspapers make striking gains in overall daily circulation. The New York Times, for instance, had an increase of more than 40 percent in total circulation, from 1,150,589 in 2011 to 1,613,865 in the period ended Sept. 30 this year. Its average digital circulation for Monday-Friday totaled just over 896,000, and increase of 136 percent over a year ago. The Wall Street Journal gained about 200,000 in daily circulation from 2011 and had a digital circulation of 794,594.

The Journal had the highest total daily circulation, the figures showed, followed by USA Today and The New York Times. USA Today had the biggest print circulation. The Times’s average daily print circulation was 717,513, a 7 percent decline, and its Sunday average declined by 1.8 percent, to 1,250,077.

Article source: http://mediadecoder.blogs.nytimes.com/2012/10/30/digital-gains-help-newspaper-circulation-figures/?partner=rss&emc=rss

Today’s Economist: Nancy Folbre: The End of Men, Revisited

Nancy Folbre, economist at the University of Massachusetts, Amherst.

Nancy Folbre is an economics professor at the University of Massachusetts, Amherst. She recently edited and contributed to “For Love and Money: Care Provision in the United States.

The title of Hanna Rosin’s new book, “The End of Men,” now serves as shorthand for a slightly less apocalyptic event: the end of male economic advantage.

Today’s Economist

Perspectives from expert contributors.

Ms. Rosin and others, including Liza Mundy, author of “The Richer Sex,” assert that this end is nigh. Those who disagree, like me, challenge many of their quantitative claims. We can now point to a new report from the American Association of University Women that exemplifies a better statistical methodology for analysis of the gender pay gap. It shows that young women still earn significantly less than equally qualified men.

The men-in-decline issue can’t be reduced to numbers, but in a comprehensive critique in The New York Times, Stephanie Coontz highlights misleading inferences drawn from a marketing-firm study of several metropolitan areas showing that never-married childless women in their 20s out-earn men in the same category.

Much news coverage of this widely headlined study failed to note that the women and men being compared had very different characteristics. Metropolitan areas tend to attract white and well-educated women along with Hispanic and poorly educated men.

As a result, this comparison is misleading.

Driving this point home, Ms. Coontz drew on research by Philip Cohen, a University of Maryland sociologist, whose blog posts on the topic unfold like chapters in a murder mystery solved by forensic statistics. He shows that median earnings for men and women in what he terms “this odd, unrepresentative slice of the population” have been basically equal since at least 1990. He asserts serious interpretive mistakes in an opinion column in The New York Times and a cover story in Time. He also takes a hilariously skeptical look at the Alabama “matriarchy” featured in Ms. Rosin’s book.

The most important substantive point is that comparisons of young men and women who are unmarried and childless don’t tell us much about the dynamics of earnings inequalities related to the intersection between a traditional family division of labor and a modern market economy.

Taking care of family members is more than a lifestyle choice. It’s a commitment that imposes particularly high costs on caregivers in the United States, especially mothers, partly because we don’t offer much public assistance in the form of paid family leave or early childhood education.

Still, it is useful to compare the earnings of young women and men at an early stage of paid employment, before most have made such commitments.

In this context, the new American Association of University Women study, “Graduating to a Pay Gap,” stands out as an example of state-of-the art statistical analysis. It focuses on young men and women with college degrees, working full time, one year after graduation, taking into account differences in college majors, grade point average, hours of work, occupations and tendency to work in the nonprofit sector. The results reveal a male pay advantage of about seven percentage points that can’t be explained away. That is, the men earn $100 for every $93 the young women earn.

That advantage may well be the result of conscious or unconscious discrimination against women, more directly documented by experimental studies that submit résumés to potential employers identical in every respect except gender.

The study also shows that, on average, the female college graduates in the sample earn only about 82 percent of what the male college graduates earn, largely because they chose different college majors or decided to work for nonprofit organizations.

As the study notes, women might make different choices if they knew just how costly their preferences turn out to be. One serious consequence is that young women devote a larger share of their earnings to repayment of their college loans, even though they borrowed about the same amount.

In 2009, 47 percent of women and 39 percent of men working full time and repaying college loans one year after graduation were paying more than 8 percent of their earnings toward student loan debt — a threshold widely considered an indicator of economic stress.

In sum, while young women are more likely than young men to graduate from college, their diplomas don’t generate equally rich rewards.

The American Association of University Women has a long and venerable history of setting the record straight. A research report it published in 1885 challenged the contention that higher education would harm women’s ovaries.

There was apparently fear that it would lead to the end of men.

Article source: http://economix.blogs.nytimes.com/2012/10/29/the-end-of-men-revisited/?partner=rss&emc=rss

Bucks Blog: Thursday Reading: Why Some Students Believe They Must Cheat

October 04

Thursday Reading: Why Some Students Believe They Must Cheat

Why some students believe they must cheat, new e-readers let in more light, hackers breach 53 universities and post personal data online and other consumer-focused news from The New York Times.

Article source: http://bucks.blogs.nytimes.com/2012/10/04/thursday-reading-why-some-students-believe-they-must-cheat/?partner=rss&emc=rss

Bucks Blog: Tuesday Reading: When Doctors Stop Taking Insurance

October 02

Tuesday Reading: When Doctors Stop Taking Insurance

When doctors stop taking insurance, feeling the pressure to drink for work, American Express to refund $85 million and other consumer-focused news from The New York Times.

Article source: http://bucks.blogs.nytimes.com/2012/10/02/tuesday-reading-when-doctors-stop-taking-insurance/?partner=rss&emc=rss

Bucks Blog: Thursday Reading: Ski Resort to Use Treated Sewage to Make Snow

September 27

Thursday Reading: Ski Resort to Use Treated Sewage to Make Snow

An Arizona ski resort will use treated sewage to make snow, apps to help you remember your ‘to do’ list, hotels that offer wellness rooms for a fee and other consumer-focused news from The New York Times.

Article source: http://bucks.blogs.nytimes.com/2012/09/27/thursday-reading-ski-resort-to-use-treated-sewage-to-make-snow/?partner=rss&emc=rss

Media Decoder Blog: Times Selects Deborah Needleman to Run Its Style Magazines

Deborah NeedlemanLars Klove for The New York Times Deborah Needleman

Deborah Needleman, the editor in chief of The Wall Street Journal’s style magazine, has been hired to run T: The New York Times Style Magazine, the Times announced Thursday. Ms. Needleman is taking over a franchise that publishes 15 magazines a year and is closely followed in the fashion industry.

Ms. Needleman will replace Sally Singer, a former Vogue editor who left The Times in August after running the T magazines for two years.

Jill Abramson, executive editor of The New York Times, said she expected Ms. Needleman to help drive T’s expansion.

“Deborah is a creative and innovative editor with an impeccable sense of style and design,” Ms. Abramson said in a statement. “As we look to expand and extend T and continue to evolve it for our loyal and sophisticated New York Times audience, we will rely on Deborah’s broad range of experience and creative energy. She is coming on board to strengthen the franchise and reimagine its future on all platforms.”

In addition to running The Journal’s style magazine, WSJ, Ms. Needleman oversaw the paper’s weekend lifestyle section, called Off Duty. Earlier in her career she founded the style and decorating magazine Domino, and was an editor at large for House Garden. She also co-authored ”Domino: The Book of Decorating” and wrote ”The Perfectly Imperfect Home.”


This post has been revised to reflect the following correction:

Correction: September 27, 2012

An earlier version of this post misstated when The Times announced Ms. Needleman’s appointment. It was Thursday, not Tuesday.

Article source: http://mediadecoder.blogs.nytimes.com/2012/09/27/times-selects-deborah-needleman-to-run-its-style-magazines/?partner=rss&emc=rss

Bucks Blog: Tuesday Reading: When Surgeons Leave Objects in Your Body

September 25

Tuesday Reading: When Surgeons Leave Objects in Your Body

When surgeons leave objects behind, runway safety remains concern for airports, QA on the West Nile Virus and other consumer-focused news from The New York Times.

Article source: http://bucks.blogs.nytimes.com/2012/09/25/tuesday-reading-when-surgeons-leave-objects-in-your-body/?partner=rss&emc=rss

You’re the Boss Blog: Small-Business Lessons From Harley-Davidson’s Turnaround

A Harley-Davidson Museum in MilwaukeeDarren Hauck for The New York Times A Harley-Davidson Museum in Milwaukee

Creating Value

Are you getting the most out of your business?

This weekend, I read an article in the Wall Street Journal about how Harley-Davidson turned itself around using “lean” manufacturing strategies. Lean, or just-in-time, manufacturing is the Toyota production system, which started with W. Edwards Deming and his work with statistical quality control. Whenever I see this kind of article about a large company, I think about how the thoughts and principles can be applied to the smaller companies I work with.

As I read this one, three things occurred to me.

1. The idea behind lean is to create capacity — not to reduce employee headcount. In this case, Harley-Davidson reduced its headcount by more than 1,000 people using lean techniques. Harley-Davidson probably can do this just once. If it continues to use lean strategies to reduce headcount, it will see employee enthusiasm for the program wane.

People don’t want to see their jobs go, and they don’t want to see their friends’ jobs go either. If the layoffs are an economic necessity, they can work. But you can only have so many economic emergencies before people say enough is enough.

My favorite use of lean is to create capacity for more business with the same headcount. I find that employees get excited and stay excited when more business comes into the company. If using lean techniques to make the company better allows for more job security through efficiencies, employees are all for it. If you cut employees in for a piece of the action through bonus programs, so much the better.

2. Installing lean in large companies is much different than installing lean in small ones. Large companies have lots of resources, both economic and human, that they can throw at arrangements like this. Small companies do not.

Still, I’m a big believer in lean activities in small companies. I’ve seen successful implementations increase profits by 50 percent or more. While large companies can afford to do more than one lean project at a time, the small company successes I’ve seen take it one step at a time.

3. Often, we see these activities led by those who have been through M.B.A. programs. The problem I often see with M.B.A.’s in smaller companies is that their educational training is for making positive changes in large companies. But those changes don’t always work in smaller companies with fewer resources. And an understanding of the strategies that do work in small companies is often totally foreign to those with advanced business degrees.

I’ve got nothing against M.B.A.’s. I’ve just come to believe that those with advanced degrees often need to have a complete reset in their beliefs about how successful change is done in a smaller company. Thankfully, there are several programs in the country that concentrate on small businesses.

I found this article very provocative. What do you think?

Josh Patrick is a founder and Principal at Stage 2 Planning Partners where he works with private business owners on wealth management issues.

Article source: http://boss.blogs.nytimes.com/2012/09/24/small-business-lessons-from-harley-davidsons-turnaround/?partner=rss&emc=rss