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Michael C. Jensen, an economist and Harvard Business School professor whose evangelizing for stock options, golden parachutes and leveraged buyouts helped to reshape modern capitalism and empower Wall Street’s greed-is-good era, died on April 4 at his home in Sarasota, Fla. The death was confirmed by his daughter Natalie Jensen-Noll. “Mike was a kind of born proselytizer,” Eugene F. Fama, a University of Chicago professor and Nobel laureate in economics who collaborated with Professor Jensen, said in an interview. “He was very sure of himself in terms of his ideas being correct and, you know, pathbreaking.”They were also incendiary. In his book “The Golden Passport: Harvard Business School, the Limits of Capitalism, and the Moral Failure of the MBA Elite” (2017), the journalist Duff McDonald called Professor Jensen an “instrument of intellectual violence” who “created a Frankenstein that no one knows how to kill.”
Persons: Michael C, Jensen, Natalie Jensen, Noll, Werner Erhard, Jensen’s, Mike, proselytizer, ” Eugene F, Fama, Professor Jensen, , , Duff McDonald Organizations: Harvard Business School, University of Chicago Locations: Sarasota , Fla
I'm working just as much now as I was when I was doing surgery. I still feel I could operate, but think patients might question it at my age. The work I'm doing now can potentially touch thousands of patients. The work that I'm doing, as well as exercising, is allowing me to use my brain, which develops neuroplasticity. I feel very fulfilled with what I'm doing now.
Persons: , Dr, Joseph Maroon, I'd, I've, I'm, Chuck Noll, Maroon, Joseph Maroon I've, they're, There's, you've, there's, Joe Biden, Trump's, Joe, . Maroon Organizations: Service, University of Pittsburgh, Business, Pittsburgh Steelers, World Wrestling Entertainment, National Science Advisory, Chuck Noll Foundation, WWE, Air Locations: Pittsburgh
That’s how critics have described White Christian nationalism, a deviant strain of religion that has infected the political mainstream. But there is another cost to the spread of White Christian nationalism that no one mentions. The relentless coverage of White Christian nationalism is spreading a racist myth: that Whiteness is the default setting for evangelical Christianity. In a February 2023 survey, nearly two-thirds of White evangelical Protestants qualified as sympathizers or adherents to Christian nationalism. However, he rejects the political beliefs associated with White Christian nationalism.
Persons: CNN — It’s, , Pastor Peter Lim, ” Lim, he’s, “ It’s, It’s, White, Carolyn Chen, Ella Sophie Bessette, you’re, , Walter Kim, Tom Lin, William Barber II, Chen, Trump, John Minchillo, browning, — it’s, John C, Richards, Jr, Jim Crow, Mark Noll, ” Richards, “ I’m, John Onwuchekwa, Lyndon B, Johnson, Lady Bird Johnson, Hubert Humphrey, Edward Kennedy, Robert Kennedy, Onwuchekwa, ” Maria Antonetty, Tina Fineberg, don’t, Lim, William J, Barber, Oliver Contreras, We’re, John Blake Organizations: CNN, White, Christianity, of Atlanta, Berkeley Center, Republican, Princeton, Harvard, Stanford, UC Berkeley, Oral Roberts University, National Association of Evangelicals, InterVarsity, USA, Christian, MLK, Saint Mark Baptist Church, White Americans, Liberty, New, Southern Baptist Convention, Cornerstone Church, Primitive Christian, Washington Post, Asian Pacific American Religions Research Initiative Locations: America, White, American, Korean, Taiwanese, Asian, Africa, Silicon Valley, Taiwan, Korea, Mexico, Little Rock , Arkansas, Georgia, New York, New York City, Crete, Atlanta, Asia, Washington , DC
Patrick Mahomes and the Kansas City Chiefs are aiming to become the first back-to-back Super Bowl champs in 19 years when they face the San Francisco 49ers on Feb. 11 in Las Vegas. The Packers dominated the Chiefs in the first Super Bowl on Jan. 15, 1967, winning 35-10. It was the second of four Super Bowl losses for Minnesota in a seven-year span. The Steelers returned to the Super Bowl following the 1978 season and again defeated Tom Landry, Roger Staubach and the Cowboys 35-31. Montana had 297 yards passing and five TDs to earn his third Super Bowl MVP award.
Persons: Tom Brady, Patrick Mahomes, Brady, Seattle Seahawks —, hasn't, GREEN BAY PACKERS Vince Lombardi’s, Bart Starr, Jake Scott, Larry Csonka, Minnesota . PITTSBURGH STEELERS Chuck Noll, Terry Bradshaw, Franco Harris, Lynn Swann, Pittsburgh’s, Tom Landry, Roger Staubach, Bradshaw, SAN FRANCISCO 49ERS Joe Montana, Jerry Rice, Rice, DALLAS COWBOYS Jimmy Johnson, Jerry Jones, Troy Aikman, Emmitt Smith, Michael Irvin, Aikman, Marv Levy, Jim Kelly, Smith, John Elway, Brett Favre, Terrell Davis, Elway, NEW ENGLAND PATRIOTS Brady, Bill Belichick, Adam Vinatieri, Andy Reid’s, Terrell Owens, ___ Organizations: NFL, New England Patriots, Kansas City Chiefs, Super Bowl, San Francisco 49ers, Chiefs, Tampa Bay Buccaneers, Patriots, Seattle Seahawks, New York Yankees, Golden State Warriors, NBA, NHL, Tampa Bay Lightning, Super, GREEN BAY PACKERS, Packers, Oakland Raiders, Kansas City, Oakland, MIAMI DOLPHINS, Dallas, Dolphins, Washington, The Dolphins, Vikings, Minnesota, Minnesota . PITTSBURGH STEELERS, Steel Curtain, Steelers, Dallas Cowboys, AFC, The Steelers, Cowboys, Pittsburgh, Los Angeles Rams, SAN FRANCISCO 49ERS, 49ers, Niners, Cincinnati, Bengals, The 49ers, Denver, DALLAS COWBOYS, Lombardi, , Buffalo, DENVER BRONCOS, Broncos, Green, Atlanta, NEW ENGLAND PATRIOTS, Carolina, Andy Reid’s Philadelphia Eagles, Deion Branch, Eagles Locations: Las Vegas, Super, Montana, New England
Why the U.S. won't change physical cash
  + stars: | 2023-11-07 | by ( Mark Licea | ) www.cnbc.com   time to read: +2 min
The Federal Reserve will spend $931.4 million to print bills in 2023 — but there's a problem with U.S. cash. Physical currency has been updated around the world but not in the U.S., and while an increasing number of Americans are ditching cash for electronic payments, experts say cash isn't going away. In 2017, the $100 bill surpassed the $1 bill as the most popular currency denomination. Some speculate that the rise in $100 bills in circulation may be to avoid taxes or for illegal activity. … In the 1960s, the half dollar lost its place because it wasn't included in the use of parking meters," said Mudd.
Persons: Aaron Klein, Douglas Mudd, Franklin Noll, Mudd Organizations: Federal Reserve, Brookings Institute, CNBC, American Numismatic Association, Federal Reserve Bank of Kansas City Payments, U.S Locations: U.S
CNN —When NASA’s Lucy mission flew by its first asteroid this week, its cameras captured a surprise. The Lucy spacecraft zoomed by the small asteroid Dinkinesh, located in our solar system’s main asteroid belt between the orbits of Mars and Jupiter. (Lockheed Martin is a NASA partner on the Lucy mission.) Preparing for future flybysThe data collected during the Lucy mission flyby will continue to return to Earth over the next week. There are about 7,000 Trojan asteroids, and the largest is 160 miles (257 kilometers) across.
Persons: Lucy, Hal Levison, , ” Levison, we’ve, , Tom Kennedy, Lockheed Martin, ” Kennedy, Keith Noll, NASA’s, Lucy’s, NASA Lucy Organizations: CNN, Southwest Research Institute, , Lockheed, NASA, NASA’s Goddard Space Flight Locations: Ethiopia, Greenbelt , Maryland, Jupiter
On Wednesday, NASA’s Lucy spacecraft zoomed by its first asteroid target — and scientists on the mission were shocked to discover that the rock, named Dinkinesh, was actually two rocks. The binary consists of a larger, primary asteroid and a smaller “moon” orbiting around it, as seen in images that Lucy captured of the pair. “We knew this was going to be the smallest main belt asteroid ever seen up close,” Keith Noll, an astronomer and Lucy project scientist at the NASA Goddard Space Flight Center, said in a news release. Lucy will visit nine additional space rocks through 2033, part of NASA’s broader effort to glean knowledge about our celestial neighborhood. “The Trojans are the last big population of objects that we have not yet seen close up,” said Thomas Statler, a NASA planetary scientist on the mission.
Persons: NASA’s, Lucy, ” Keith Noll, , Thomas Statler Organizations: NASA Goddard Space Flight, Trojans, NASA
Those ripples are probably the distant thunder of countless collisions between supermassive black holes, throughout space and time. He predicted that the intense gravity of extremely massive objects, like black holes, warps the fabric of space-time. The NSF funded the 15-year experiment, which is called the North American Nanohertz Observatory for Gravitational Waves (NANOGrav). Supermassive black holes are thought to exist at the center of every galaxy. Her lab runs computer models of merging supermassive black holes to predict how they behave and what signals they send out into space.
Persons: , Albert Einstein's, Aurore, Sean Jones, Manuela Campanelli, NASA's James Webb, Noll, Kip Thorne, NASA Goddard Thorne, NANOGrav, LIGO, Stephen Taylor, Lorenzo Ennoggi Organizations: Service, Sciences, National Science Foundation, NSF, American Nanohertz, Rochester Institute of Technology, NASA's James Webb Space, Hubble, Telescope, NASA, ESA, Hubble Heritage Locations: Louisiana, Washington, Europe, India, Australia, China
How Budweiser Tackled a Beer-Free World Cup
  + stars: | 2023-02-09 | by ( Katie Deighton | ) www.wsj.com   time to read: +9 min
In the end, the brewer found a way to navigate the World Cup beer-free and roll with the media attention that the alcohol ban generated. Soccer’s 2022 FIFA World Cup in Qatar ran from Nov. 20 to Dec. 18. World Cup sponsors Kia and Adidas similarly maintained their reputational scores, according to the Morning Consult data. Budweiser doesn’t pay a reported $75 million for the official beer sponsorship of the World Cup just to serve beer at stadiums. But the ban on alcoholic Budweiser undermined the impetus for being at the World Cup, Mr. Marcondes said.
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