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Monthly Archives: August 2011
What’s next for Apple?
With Jobs out as CEO at Apple, does anyone expect Apple to do anything more than release standard updates of iPods, iPhones and iPads? I expect Apple’s products 10 years from now will look a lot like they do today–with … Continue reading
Posted in Art of Management, Business, Innovation, Strategy, Value Proposition
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Ron Paul is not an isolationist
Rarely do I defend politicians. I’m not sure this is a defense. It’s more of a correction, or maybe clarification on one distinction between conservative and libertarian thinking. I’ve often heard Ron Paul’s “foreign policy” referred to by conservatives as … Continue reading
Posted in Government, Military, Politics
Tagged Cafe Hayek, Dennis Miller, Don Boudreaux, George Mason University, George Will, isolationist, Ron Paul
1 Comment
The my-s**t-don’t-stink crisis
In his book, The Secret Knowledge, David Mamet gives a brief and apt explanation of the economic term moral hazard, which played a key role in causing the financial crisis. This is from a footnote on page 187 (emphasis added): … Continue reading
Posted in Accountability, Bad Economy, Bookmarks, Books, Economics, Feedback, Systems thinking
Tagged David Mamet, Moral Hazard, Too big to fail
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Litmus test: Morality of law
In his latest column, Walter Williams quotes French economist/philosopher Frederic Bastiat. Bastiat provided a great litmus test for judging the morality of a law and government action: See if the law benefits one citizen at the expense of another by … Continue reading
People do not know what capitalism is
Even though the video has made its rounds on other blogs, I had to post it here because I think it’s really good. I credit Speedmaster at The Pretense of Knowledge for directing me to it. It’s called Top 3 … Continue reading
Posted in Capitalism, Critical Thinking, Economics, Markets, Myths
Tagged Capitalism, Harvard University, Jeffrey Miron, Politics, Porsche
2 Comments
Affordable Porsches
I’ve been looking for a good example to illustrate the poor cause-and-effect thinking that led politicians to push for home ownership by lowering lending standards. In this post, I pointed out: They [politicians] thought that home ownership led to responsible … Continue reading
Good points for Buffett to consider
Thanks to W.E. Heasley of The Last Embassy for providing a link to this article from the American Enterprise Institute’s magazine, The American. The article is titled, Obama’s Folly: Why Taxing the Rich is No Solution. I enjoyed this article … Continue reading
Posted in Critical Thinking, Debate, Government, Taxes
Tagged American Enterprise Institute, Buffett, Laura Tyson, New York Times, Romer, tax the rich, Taxes
2 Comments
Who is Gary Johnson?
Former Governor of New Mexico, Gary Johnson, provides an example of what I prefer to hear from politicians. Regarding the high rate of job creation in New Mexico while he was governor, Johnson said: I didn’t create a single job. … Continue reading
Posted in Critical Thinking, Government, Innovation, Markets, Politics
Tagged Gary Johnson, New Mexico, politicians
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Stop coddling our elected officials
In The Wall Street Journal today, Former American Express Chairman Harvey Golub expressed his disagreement with Buffett’s desire to increase taxes on him and many others less well off than himself. Golub makes several points worth considering. Here’s one point … Continue reading
Posted in Feedback, Government, Taxes
Tagged Harvey Golub, Wall Street Journal, Warren Buffett
2 Comments
The Constitution was meant to protect us
David Mamet’s The Secret Knowledge: The Dismantling of American Culture came up in my queue at the library. It’s good to have a talented writer on the side of freedom and recognize deeply that is the side he is on, … Continue reading
Posted in Government, Liberty, Politics
Tagged David Mamet, United States Constitution
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