Wearable Technology, Regulators vs. Mom Entrepreneur, Quantifying Regulation, Hayek on Intellectuals and Nazis, Solving Mankind’s Biggest Problems, (Breast) Feeding Frenzy

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Kaizen Weekly Review highlights activities of The Center for Ethics and Entrepreneurship and recent business ethics and entrepreneurship news.
Editor
: Virginia Murr

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Fashion Meets Technology
13-GoogleGlassModel_1_620x465Technology is quickly becoming a fashion statement. A short list of trendy technologies include: Apple iWatch, Apple smart shoes, Google Glass, Nike+ FuelBand, and LUMOback, an 8.55 mm-thick sensor worn on a belt around the waist that wirelessly tracks movement and activity. Read more about the latest developments in wearable technology.

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Volunteers Not Allowed
Rhea Lana ToysRhea Lana Riner, entrepreneur and mother of three, created a consignment business that uses an innovative business model: Customers at rented pop-up locations could volunteer to set up the sale in exchange for dibs on shopping. This new model caught the attention of the Department of Labor, which decided that Riner’s volunteers should be treated as employees. Has Riner treated her customers unfairly? Or is Riner being “stifled by outmoded dictates?” Read the article.

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Quantifying Regulation at the Mercatus Center
CHP_Commerce_Trade_BooksDetermined to change the flawed methodologies in most statistics on government regulation, Patrick A. McLaughlin, Omar Al-Ubaydli, and the Mercatus Center at George Mason University have developed RegData, “the first tool to allow for industry-specific quantification of federal regulation, permitting within-industry and between-industry analyses of the causes and effects of federal regulations.”

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Hayek on Intellectuals and the Nazis
hayek-1 In this post, Stephen Hicks looks at Friedrich Hayek’s The Road to Serfdom, which was published at the height of World War II. Hicks points out that the intellectual activism of such socialist thinkers as Werner Sombart, Johann Plenge, Friedrich Nauman, Paul Lensch, Moeller van den Bruck, and Oswald Spengler caused Hayek to believe that “Germany’s brightest minds developed the theory and laid the cultural groundwork for the Nazi political transformation.”

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We are Solving Mankind’s Biggest Problems
Abundance_book_cover-212x299In this article, the Atlas Society’s Edward Hudgins reviews two books: Abundance: The Future Is Better Than You Think by Peter Diamandis and Steven Kotler, and Merchants of Despair: Radical Environmentalists, Criminal Pseudo-Scientists, and the Fatal Cult of Antihumanism by Robert Zubrin. While each book takes a different approach, Hudgins concludes that both “offer us components for a new Enlightenment synthesis that can usher in profound cultural changes well beyond the particulars in the pages of these books.”

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(Breast) Feeding Frenzy at the University of Virginia
Paul Tudor JonesHow difficult is it for women to combine high-powered careers with motherhood? Paul Tudor Jones, a hedge fund manager and donor to the University of Virginia, recently incited the opposition of media outlets, the Provost, and 82 faculty members. At a panel discussion on financial trading at the University’s McIntire School of Commerce, Jones stated, “[I]t is difficult for mothers to be successful traders because connecting with a child is a focus ‘killer’ … . As soon as that baby’s lips touched that girl’s bosom, forget it.” Read John Rosenberg’s assessment of the fallout from Jones’s incendiary remarks.

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See you in two weeks!

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