Business, ethics & society

Too often, well-meaning aid programs meet bare-minimum standards of quality — just “good enough” for the world’s poorest people. But by addressing “wicked problems” through the lens of design thinking and a social business model, one public-private partnership has been able to improve the health and livelihood of residents in eastern Congo.

Noncommunicable diseases lead to over 90 percent of all deaths in Ukraine, many of them preventable. With technological advancements and the removal of financial barriers, one public-private partnership is working to deliver essential services to improve prevention, diagnosis, treatment and medicine to patients at little to no cost.

In the face of a pandemic, how can we be bigger than the sum of our parts? Laura Morgan Roberts addresses how to maintain and evolve culture from afar: how to bond, stay agile, ensure physical and psychological safety, promote inclusion, offer compassion, and strategically align to determine what the new normal requires — and what needs to change.

Epidemiology and economics: A smart containment strategy for COVID-19 could save the U.S. economy $10 trillion. Here: the effects of states easing lockdowns, putting a (literal) price on individual vs. societal costs of the disease, how to get the economy running and what changes to expect long-term, and why public health measures are so important.

A feeling so common it has an acronym: fear of missing out. But what happens when activities are unavailable due to the coronavirus? Lalin Anik, an expert on consumer behavior and social connections, discusses FOMO in the pandemic: how it’s changed shape, the effect on mental health, and how we may balance it with risk aversion as states open up.

The convergence of racism, economic downturns and public health crises reflect wicked problems in complex systems fraught with inequality. Enduring strains of racism play out overtly and subtly, both violently in the streets and systemically in the workplace. So what now? Laura Morgan Roberts offers three zones of action as we move forward.

COVID-19 is a disaster for public health and the economy. Yet there may be a glimmer of a silver lining for the natural environment: By year end, the globe may see the biggest dip in carbon emissions on record. Investment in next-generation clean energy now could restore jobs, provide new ones, drive economic growth and lock in environmental gains.

Long before the coronavirus pandemic, advances in artificial intelligence (AI) were already causing unprecedented changes in work and business. Now, the world’s top thinkers on the economics of AI — Daron Acemoğlu, Diane Coyle, and Nobel Prize winner Joseph Stiglitz — are drawing new lessons from today’s crisis.

In the wake of the killing of George Floyd and national protests for racial justice, businesses and leaders are working to embrace a defining moment for racial equality.

While the long-term economic consequences of the pandemic are unclear, we do know that many small businesses are struggling, particularly vulnerable because of how they’re financed — especially minority-owned small businesses, which are more likely to be denied loans and pay higher interest rates. How to boost their chances? Shorter pay terms.