My review essay on Donald Frey’s America’s Economic Moralists: A History of Rival Ethics and Economics (State University of New York Press) was published in Business Ethics Quarterly. Subscribers to BEQ can access the issue here. Or my author-read audio version is at YouTube. My conclusion: “America’s Economic Moralists is a good historical survey of […]
My review of Frey’s *America’s Economic Moralists* Read More »
From the preface to Andy Grove‘s (recommended) Only the Paranoid Survive: “The sad news is, nobody owes you a career. Your career is literally your business. You own it as a sole proprietor. You have one employee: yourself. You are in competition with millions of similar businesses: millions of other employees all over the world.
Andy Grove on the entrepreneurial employee Read More »
Reading up on the crypto-FTX bankruptcy and scandal. Four items of interest: The New York Times after-the-fact: “How Sam Bankman-Fried’s Crypto Empire Collapsed.“ Before the scandal broke: “Stanford Law Profs’ Son Is A ‘Vegan Crypto Billionaire.’“ On of those Stanford law professors, Barbara Fried, wrote “Beyond Blame”, in which she argued that no one is
Should we blame FTX’s Sam Bankman-Fried for anything? Read More »
Join Mark Michael Lewis and philosophy Professor Stephen Hicks in a conversation about an honest approach to knowledge and understanding human thriving. In this episode: Why you should always take arguments at their best [10:15] The reason why many philosophers are ‘left’ [16:00] How Objectivism is an ‘outlier’ philosophy [19:00] 3rd-generation Postmodernism and the Weaponry
Every other year or so I post that the United States Postal Service government monopoly loses billions while private-sector FedEx and UPS were profitable. It’s a multi-decade trend now. FedEx and UPS versus USPS. * USPS Loses $15.9 Billion – But Bosses Get Hefty Compensation Raises. * FedEx Income Statement. * UPS International Profit Rebounds.
USPS still losing big money—2021 edition Read More »
Imagine a college dormitory, students away from home, and available alcohol. In any student population, some will drink too much. But most will do fine. Now suppose a Dean of Students who installs a bar in the dorm and subsidizes the price of booze, especially for favored students. Not surprisingly, the amount of student drunkenness
Drunk college kids, Wall Street, and the Federal Reserve Read More »
Suppose that you’re a single mother living in a rough part of the city. The father of your child is not around. You’d like to work, but it’s a challenge to fit that with your commitments as a mother. Yet you have ambition and energy — and an entrepreneurial idea: Other women in your area
A Poverty Trap — young, single mother version Read More »
Calls for “Government-Business cooperation” to run the economy should be seen as skeptically as calls for “Government-Sex Clinic cooperation” to run our bedroom lives. Related: “From the Office of the Reproducer-General.“
Government and Sex // Government and Business Read More »