Espousing equality, but embracing a hierarchy

A recently published paper by Justin Friesen of York University, Aaron C. Kay of the Fuqua School of Business at Duke, Richard Eibach of the University of Waterloo and Adam Galinsky of the Columbia Business School, suggests that hierarchies are a form of structure that we embrace for comfort in a chaotic world, reported The New York Times.

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To fight unemployment, China expands Vocational Ed Programs

China has announced that it will turn at least half of its public universities into institutions of applied learning or polytechnics to produce more technically trained graduates. Qiang Zha, professor of education at York University, said the policy amounted to a move towards a ‘binary’ higher education system of academic and applied institutions, reported the Chronicle of Higher Education.

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It's all in the timing

The first seven years of retirement are when the risks are particularly high, said Schulich School of Business Professor Moshe Milevsky in MoneySense. “Once those first seven years are over you can breathe a sigh of relief.”

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