What a fascinating thing it is to see Education defeated by ignorance. One would have thought that the whole purpose …
Mario Draghi and his European Central Bank take a Wrong Turn in Europe
Draghi, the European Central Bank president, is trying to sell ‘quantitative easing’ as the cure for Europe’s structural illness. Not …
The Best Government Money Can Buy
In a Republic, the interests of citizens are represented in their legislature by representatives, rather than individually and the United …
Sorting Out Consumer Protection Agencies
Forget it, they’ve all had their teeth pulled by Congress and are now staggering around looking for something soft enough …
The Shoes Yet to Drop
Flooding the banks (both commercial and investment) with cash by the Federal Reserve had the intended purpose of dodging the …
Deregulation: A Little Song, a Little Dance…
A Little Song; Getting Regulated, the Early Years The song begins with how business came to be regulated in the …
The Harvard Business School—the Ultimate BS
My Prejudices Unmasked I am admittedly not a fan. The direction the nation’s business schools have taken since the end …
Chop Shop Case in Point: General Electric
From Thomas Edison to Jack Welch The history of General Electric is akin to a corporate archeological dig. The bones …
Madison Avenue vs. Truth in Advertising
As you might expect, Madison Avenue is the well-known moniker slapped on the ad business, because so many of them …
The ‘Invisible Hand’ Is in Your Pocket
The Definition 1In economics, the invisible hand is the term economists use to describe the self-regulating nature of the marketplace. …
From Free Market Capitalism to Growth Capitalism
This is important and one of the major reasons following an unsustainable model got us in such economic trouble. Having …
The Sports Metaphor
“The future ain’t what it used to be.” Yogi Berra Mysteries: Today’s Too-Big-to-Fail Mentality The Federal Reserve announced in March …
Complaint #214 and 215
The Czechs speak of themselves as ‘complainers’ and, after living here for over 21 years, I’m coming around to their …
There Is No Sum
Zero Sum Game The phrase ‘zero sum game’ is bandied about a good deal these days. In game theory, a …
The Parts Are Greater than the Sum
Say What? You didn’t misread that. I know, we’ve always been taught that the sum is greater than the parts. …
Conned by Neocons on my way to writing an article
Earlier this month, I wrote an article titled Are We Hearing Echoes of Germany’s 1936 Olympics and Neville Chamberlain’s ‘Peace …
Chop Shop Theory
1“A chop shop is a slang phrase for an illegal location or business which disassembles stolen automobiles for the purpose …
Ohlasy “míru pro naši dobu?”
Nejspíš. Stačí sledovat, jak Putinova vojska z dřívějška známým tempem zabírají Ukrajinu. Hitler předváděl své nové, lepší, modernější a vůbec …
The Death-Spiral of the Obama Presidency
So I’m telling an old story by now, but old stories are sometimes the most valuable to look back upon. …