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Monthly Archives: August 2010
Mosque at Ground Zero
Excellent question from Thomas Sowell’s column today: Our betters are telling us that we need to be more “tolerant” and more “sensitive” to the feelings of Muslims. But if we are supposed to be sensitive to Muslims, why are Muslims … Continue reading
Trader Joes: Lesson in Value Proposition
One topic I talk about often in business presentations is value proposition. It’s a simple concept that few people seem to grasp, even though we each deal with it many times a day. Value proposition is simply why you bought … Continue reading
Posted in Business, Customer Service, Strategy, Value Proposition
Tagged Black Swan, Trader Joes, Value Proposition
2 Comments
WTF WSJ?
I was pleased to see Spreading Hayek, Spurning Keynes in the Wall Street Journal this morning about professor of economics Peter Boettke at George Mason University. After spending the entire article laying out the thinking behind Austrian economics, it ends … Continue reading
Posted in Economics, Liberty, Poor Journalism
Tagged George Mason University, Peter Boettke, Wall Street Journal
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The Listen Challenge
One of my pet peeves is baseless accusations. I often respond to baseless accusations of folks like Limbaugh and Beck by simply asking if the accuser has any specific evidence to support their accusations or if they’ve ever even listened … Continue reading
Experiments
Below is a photo of a drink cabinet at a grocery store. Lots to choose from. First, it strikes me as odd in a world where we have this much to choose from to meet our individual preferences for something … Continue reading
Posted in Black Swan, Experimentation, Markets, Value Proposition
2 Comments
Retiring Quote of the Week
“Advertisements contain the only truths to be relied on in a newspaper.” -Thomas Jefferson
Market Signals
At a gathering last weekend, my cousin — an electrician by trade– articulated well the market signals he faces. I asked how his job hunt was going. He replied: Not great. There’s no work out there. Everybody says I should … Continue reading
Posted in Bad Economy, Capitalism, Markets
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Black Swan Spotted
Searching some old e-mails today and I came across this picture from a past contributor, Raoul Lufberry. Nice. He sent it after the market crash blip back in May.
I Know It When I See It
I got into an exchange about a number of things, including education, with Brutus in the comments section of this post at Cafe Hayek. The exchange began over how to cut Federal government spending. I suggested comparing what the Federal … Continue reading
Turnabout is Fair Play
Don Boudreaux of Cafe Hayek makes an excellent point in his letter to the Wall Street Journal and post titled, Regulate THIS!. You’re correct that the Credit Card Accountability, Responsibility and Disclosure Act of 2009 will discourage lenders from extending … Continue reading
