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|Articles - March 2014|
|Tuesday, February 25, 2014|
Page 1 of 5
BY JAKE THOMAS
In the beginning, money as a medium of exchange revolved around grain, cattle and other necessities. Next came beads, cowry shells and shiny pieces of metal. Today government-issued paper and coins are the rule of thumb. Increasingly, the entire financial system is devolving into sequences of zeros and ones.
For centuries people have relied on an unspoken social contract that assigns a commonly understood value to a recognized set of objects. But if currency has always had a physical existence, its value is defined by the community and the marketplace and is therefore ephemeral. At some level, money has always been an abstraction.
In 2014 physical currency is less tangible than ever, with money’s bling increasingly likely to be found on computer screens. As cash turns into trash, technological innovations are streamlining banking practices and commerce for businesses and consumers.
But the changes under way go beyond transactional efficiencies. As the nation’s financial system comes under increasing scrutiny, currency innovations are being touted as a solution to social and economic problems, democratizing access to capital, helping nurture local businesses and giving a boost to those near the bottom of the economic totem pole.
Oregon Business explored some of the innovations taking place in various financial institutions, from banks cautiously exploring mobile payments to cutting edge digital-currency startups still searching for a market. One thing is clear; although the future of money may be fast, easy and literally immaterial, the goals of the evolving ecosystem remain decidedly old-fashioned: to facilitate exchange, to allow people to move goods and services and, ideally, to boost work, productivity and income.
Wednesday, August 19, 2015
BY BRIAN LIBBY
Ben Kaiser holds his ground.
Monday, July 13, 2015
BY KIM MOORE
A conversation with Greg Lambert, president of Mid Oregon Personnel Services.
Tuesday, July 28, 2015
BY JASON NORRIS
Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.
Wednesday, July 15, 2015
We asked readers to weigh in on the fossil fuel-green energy equation.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Friday, July 10, 2015
BY JOE CORTRIGHT
The false promise of economic impact statements.
Monday, July 13, 2015
BY CHRIS NOBLE
Whether you're stepping out to work or onto the track, Pacific Northwest shoe companies have you covered.
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For good or ill, gay marriage inspires many people. They have strong feelings about it. Sometimes those strong feelings are grounded in religion and sometimes they are not. When the workplace is added to the mix, emotions tend to run high. After giving an overview of two current situations, The Bullard Edge is going to outline three key points for consideration and clarity.
Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
Attendance, breakfast buffet, materials, certificate of attendance and parking are all complimentary on behalf of the firm.
New regulations are in effect and more updates are on the horizon, are you prepared?
The Oregon Entrepreneurs Network (OEN) is pleased to announce 16 finalists — from over 60 nominees — for the 2015 OEN Tom Holce Entrepreneurship Awards.