Each week we endeavor to share five of the more thought-provoking, inspiring articles we’ve encountered during the previous week.
Here’s what we thought to share this week for your reading pleasure…
- Production of Natural Gas From Shale in Local Economies: A Resource Blessing or Curse?: An informative study courtesy of the Kansas City Fed. A few of our credit union clients have had to deal with this very issue over the last few years. Rising labor costs, cost of living issues, newly wealthy members… Quite the challenge.
- Bank Lending Channels during the Great Recession: Is it possible your lending standards contributed to unemployment during the Great Recession? Learn more in this interesting addition to the Federal Reserve Finance and Economics Discussion Series.
- What Accounts for the Decrease in the Labor Force Participation Rate?: Yet another Fed-related share, this time from the Atlanta Fed. Why does this matter? Hard to lend to people without jobs.
- 8 Subconscious Mistakes Our Brains Make Every Day–And How To Avoid Them: This article presents very interesting “mistakes” we humans make day in and out. Credit unions make many of these mistakes as well, especially in the context of hiring, training, research… Though published by FastCompany in 2013, it remains worth sharing.
And how about a video? This is an old one, but Barry Schwartz’s discussion about the paralyzing effects of too many choices remains a favorite. Watch this video, then take a look at your credit union’s menu of services. Too much, or just right?
Have your own suggestions for compelling articles to read this week? Drop them in the comments section below.