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Wisdom hears the world
2021 Nobel Prize in Economics
2021 Nobel Prize in Economics(Nobel Prizes in Economic Sciences 2021)

According toNobel Prize According to the official website, the Nobel Prize in economics was officially announced at about 17:00 Beijing time on October 11, 2021. Half of the awards were awarded to David Card of Canada, and the other half were jointly awarded to Joshua D. Angrist and Guido w. imbens of the United States.

David Card won the prize because he was rightLabor EconomicsFor their empirical contributions, Angrist and imbens won the prize because of their contribution toCausalityContribution of analytical methodology.

  Official website original

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 was divided, one half awarded to David Card "for his empirical contributions to labour economics", the other half jointly to Joshua D. Angrist and Guido W. Imbens "for their methodological contributions to the analysis of causal relationships."

The official website of the Nobel Prize points out that this year's winners provide us with new insights into the labor market and show that we can draw conclusions from natural experimentsCausalityConclusion. Their approach has been extended to other areas and revolutionized empirical research.

"Natural experiments are a rich source of knowledge. Their research has greatly improved our ability to answer key causal questions," said the chairman of the Nobel Committee for Economic Sciences. If we are to make the right decision, we must understand the consequences of our choice [Detail]

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The world university ranking in 2022
On September 2, 2021, times higher education (the) released the latest ranking of the world universities in 2022. This year, there are 99Country/1662 universities in the region are on the list (an increase of 6 countries and 136 universities compared with 2020)[Detail]
Fortune Global 500 in 2021
On August 2, 2021 Beijing time, the latest Fortune Global 500 list was released. This year, the number of enterprises in the Fortune Global 500 list was increasedOperating incomeAbout $31.7 trillion, down 5% from last year[Detail]。
2021 Fortune 500
2021 Fortune 500
  WealthThe latest Fortune 500 list was released on July 21, 2021 Beijing time. On March 2, 2021, this year's 500 listed Chineselisted companyThe total operating revenue reached 53 trillion yuanRMB, an increase of 5% over last year[Detail]。
QS global EMBA ranking in 2021
June 23, 2021 Beijing time, globalHigher EducationQS quacqarelli Symonds, a research institution, released the latest 2021qs global EMBA ranking. A total of 202 EMBA projects from 45 countries and regions participated in this ranking, which is also the largest and most international EMBA ranking released by QS[Detail]。
QS World University Ranking in 2022
In the early morning of June 9, 2021 Beijing time, at the time of the college entrance examination in mainland China, QS quacqarelli Symonds, the publisher of QS World University ranking, released the latest 2022qs world university ranking. This year's ranking has 1300 colleges and universities on the list, which is the largest world university ranking in QS's history.MITRanked first in the world for the ninth consecutive year[Detail]。
Famous enterprise wisdom code

  SogouyesSohuUndersubsidiary, launched on August 3, 2004 to enhanceSohu.comSearch skills, committed to the in-depth mining of Chinese Internet information, helping China hundreds of millionsNetizensaccelerateInformation acquisitionSpeed, create for usersValue。 Sogou is mainly engaged inSohuAt the same time, it also launched Sogou input method, free email, enterprise emailNews, music and other businesses.

August 9, 2010 Sohu andAlibabaAnnounceSpin off, Sogou established an independent company and introducedStrategic investmentCapital injectionAfter Sogou is expected to become only second toBaiduChinese search tool.

On September 16, 2013, Sohu, Sogou and Tencent Holdings Co., Ltd. jointly announced a strategic cooperation. Tencent invested $448 million in Sogou. After the transaction, Tencent immediately obtained 36.5% of Sogou's fully diluted shares.

On the evening of July 27, 2020, Sogou said that it had received a preliminary non binding offer from Tencent to acquire the company. Once the transaction is completed, Sogou will become a wholly-owned subsidiary of Tencent, and Sogou will be delisted from the New York Stock Exchange.

On October 15, 2021, Sogou CEO Wang Xiaochuan issued an internal letter announcing his resignation as Sogou CEO, saying goodbye to Sogou, "from today on, Sogou will integrate into Tencent family and move towards a new direction".

It is reported that Tencent and Sogou officially handed over on October 15. All Sogou employees change their identity and join Tencent. Sogou's age continues to Tencent, and the salary and welfare are aligned with Tencent's system; The product and technology departments have also completed the integration and orderly merged into multiple relevant business units of Tencent. The two sides also plan to hold an internal handover ceremony with the same day. Wang Xiaochuan will accept the invitation sent by Tencent coo Ren Yuxin on behalf of the company and be employed as a consultant of Tencent group[Detail]

Intellectual molecule
Jack Ma
David Card -- one of the winners of the 2021 Nobel Prize in Economics

  David E. cardHe was born in gelf, Canada in 1956 and was awarded a scholarship in 1978Queen's University of CanadaBachelor of Arts, 1983Princeton UniversityDoctorate in economics, currently teachingUniversity of California, Berkeley, winner of the Nobel Prize in economics in 2021.

On October 11, 2021, David caddinLabor EconomicsEmpirical researchAnd won half of the 2021 Nobel Prize in economics.

David Card is an outstandingEconomistYes, he isLabor marketandpublic policyOutstanding contributions in research. He is including the instantaneous life cycle model,Collective bargainingContractMediumWage indexationTerms, school resourcesIncome effectandMinimum wageUnder conditionsLaborerThe theoretical views on employment have aroused extensive discussion in the economic circle.

Among all kader's papers, the most famous one may be the minimum wage and employment jointly published with Kruger in 1994. As we all know, the minimum wage is a controversial policy issue in economics. Although the public generally believes that,Minimum wage lawIt is a law to ensure the employment conditions of employees, but there are manyEconomistBut there is a big objection to this. For example, famous economistsZhang WuchangIt has always denounced the minimum wage law as an evil law, and its logic is also very direct: when the government issues laws to ensure the minimum wage of employees, enterprises will face more hesitation when hiring employees. In this way, the wholeLabour marketThe demand for employment will decline, which will lead to a significant increase in unemployment in the labor market. Of course, whether it is to support the minimum wage, oppose the minimum wage, or the views of economists, it is more a theoretical deduction, while the empirical evidence is relatively lacking[Detail]
Think tank frontier
Involution——2021 buzzwords

  InvolutionIt is generally used to describe excessive changes in a fieldCompeteAs a result, people have entered a state of mutual strife and internal friction. In English, it is called revolution, which corresponds to evolution, that is, evolution.InternetIn context, the inner volume describes the irrational internal competition, internal consumption or stagnation of work or examination.

What are the cases of involution?

1. Meaningless excellence is inner volume;

2. Complicating a simple problem is an involution;

3. In order to avoid responsibility, passively dealing with work is internal;

4. The work that deviates seriously from the expected goal is also internal;

5. Low level imitation and replication are typical involution;

6. The internal competition that restricts creativity is an institutional internal volume;

7. Endless excavation and Research on the same problem is also an internal volume[Detail]

Zhihui Hall
Zhihui Hall
  What are values?

Values are a psychological tendency system used by people to distinguish good from bad, distinguish right from wrong and its importance. It reflects people's evaluation of the right and wrong and importance of objective things.

What is existentialism?
What is Yukio Nonaka's theory of knowledge creation?
What is the knowledge spiral?
What is the enterprise knowledge map?
What is human resource development?
What is a public relations work plan?
What is social form?
What is the pink tax?
What is transportation planning?
What is macro control?
What is market failure?
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