The Realist Idealist

An article found in this week’s Economist, “Take a leaf out of his book,” presents a candid message to Japanese executives: it’s time to break with the past if you don’t want to break your company!
The article points out that in Japan certain cultural characteristics such as humility, loyalty, respect and consensus, which are seemingly [...]

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Yes, the pensions of the 1990’s are slowly disappearing. It makes sense - companies have been negotiating with unions and the like with promises that, as demographics have shifted (people began living longer and retiring earlier), they cannot afford over the long term.
But, it’s worse than that.
Cash invested in Pensions is tax deductible. [...]

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