Posts for CSB Commentary

Business Schools and the Financial Crisis

By Dr. Hassan Shirvani—Business schools have been widely criticized for causing the recent financial crisis by teaching deeply flawed financial models and by failing to instill in their students an adequate appreciation of socially responsible behavior.  As a result, many of

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Fact or Fiction? The Importance of Critical Thinking

  “ “Education must enable one to sift and weigh evidence, to discern the true from the false, the real from the unreal, and the facts from the fiction. The function of education, therefore, is to teach one to think

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Dear Students: When It’s Okay to be “All About Me”

By Dr. Michele Simms—-In Daniel Pink’s book DRIVE: The Surprising Truth of What Motivates Us (2009), he includes Peter Drucker as one of seven business thinkers who get it.  Drucker, the most influential management thinker of the 20th century, is

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The Knowledge Economy and the Globalization of Higher Education

By Dr. Beverly Barrett—  Nearly two decades into the new millennium, the pace of technological change behind globalization continues to advance exponentially.  This rapid technological progress has, in turn, necessitated the internationalization of higher education with emphasis on the development

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Liberal Arts in a Business Curriculum: “Humbug!” or “Hmmm . . .”?

By Dr. Samuel B. Condic—While there is a general acknowledgment that the liberal arts can contribute to the practice of business, the contribution is typically seen exclusively in terms of utility.  For example, my business school colleagues observe that undergraduates

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Ethical Character: Is a Standardized Assessment Possible?

“In order to good deeds, it matters not only what a man does, but also how he does it; to wit, that he do it from right choice and not merely from impulse or passion.” —St. Thomas Aquinas, Summa Theologiae,

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Cognitive Biases and Rational Behavior

By Dr. Hassan Shirvani—As you might have heard, the 2017 Nobel Prize in Economics was awarded to Richard Thaler for his pioneering work in the field of behavioral economics, a school of thought dedicated to the application of psychology to

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Canadian Crude Oil Blends

By Ali Oktay—Canadian crude oil blends are trading at steep discounts due to pipeline constraints. Let’s start with basics. In the chart below, you can see the different benchmark crudes lined up according to their API gravities. Canada is a

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How To Be Human At Work

By Dr. Michele Simms—In 1995, Daniel Goleman, an internationally known psychologist, authored the book Emotional Intelligence developing the argument that non-cognitive skills, not only IQ, can influence a person’s ability to succeed in the workplace. This seminal work has sold

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Profiting from Harvey

By: Gavin Brown & Sajjad Meghani–Houston recently suffered from the onslaught of Harvey, a once-in-a-thousand-years flood which devastated large parts of the city. Given the dire situation in Houston and seeing an opportunity for profiteering, some individuals were quick to

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