Over the last 80 years, the world rankings of Hong Kong and Argentina: Resource-poor Hong Kong’s relatively laissez-faire free market has taken it from poverty to riches. Resource-rich Argentina’s experiments in statism have taken it from prosperity to decline and semi-functionality. In this Wall Street Journal/Heritage ranking, Hong Kong is currently first in the world […]
Argentina, Hong Kong, and the psychology of belief Read More »
My essay, Defending Shylock: Productive Work in Financial Markets, is now available in Kindle format. In this essay, I discuss the great value that financial markets add to an economy and the nature of the intellectual work that underlays them. In addition, I argue against the critics of financial markets who argue that those who
Defending Shylock — Kindle version Read More »
Why did the modern economic revolution in production and trade first happen in north-western Europe? At the APEE conference, Deirdre McCloskey delivered a plenary address based on her new book, Bourgeois Dignity: Why Economics Can’t Explain the Modern World. Her argument is that neither material resources nor technology nor capital accumulation nor geographical factors drove
APEE update — Deirdre McCloskey Read More »
I interviewed Dr. David R. Henderson after his talk at Rockford entitled “Seven Myths of Free Markets.” Professor Henderson teaches economics at the Naval Postgraduate School in Monterey, California and is a research fellow with Stanford University’s Hoover Institution. Dr. Henderson also explains the surprising, true origin of “the dismal science.” For more about Professor
David Henderson on seven myths of free markets Read More »
In my role as CEE’s Executive Director, I interviewed guest speaker Professor Al Gini on leadership, after his talk on that theme at Rockford College. Dr. Gini is also the co-founder and Associate Editor of Business Ethics Quarterly. For more from Dr. Gini, check out his many books, which include My Job My Self: Work
Interview with Professor Al Gini Read More »
I’ll be giving a talk at the 2011 APEE conference in April. My title is “Cameron Hawley, Henry Kitchell Webster, and Populist Capitalism in Literature.” Here is the abstract: In the early and middle part of the twentieth-century, Hawley and Webster were strong-selling authors of novels that dramatized themes of business ethics and political economy.
Populist capitalism in literature Read More »
The latest issue of Kaizen [pdf] features my interview with the excellent Eduardo Marty, founder of Junior Achievement in Argentina as well as in several other south and central American countries — including Cuba, before he and his professors were arrested for teaching entrepreneurship and kicked out of the country. The theme of the interview
Kaizen 15 — the Eduardo Marty interview Read More »
Jack Stack is the CEO of Springfield Remanufacturing Corporation, one of the great turnaround success stories of this generation. Stack is also the author of The Great Game of Business and A Stake in the Outcome. I recently interviewed Stack in Springfield, Missouri for a forthcoming issue (February 2011) of Kaizen. “Open-book Management” is addressed
Jack Stack and open-book management Read More »