Culture

Individualism and economic growth — Gorodnichenko and Roland

Leave a Comment / Business Ethics, Culture, Economics, Ethics /

In an NBER paper, “Culture, Institutions and the Wealth of Nations,” Yuriy Gorodnichenko and Gerard Roland compare the growth gains that individualist ethics generate compared to those of collectivist ethics. The first sentences of their abstract: “We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts […]

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Question about economic freedom and British history

1 Comment / Culture, Economics, History /

According to the 2014 Heritage index, the six most economically free nations are Hong Kong, Singapore, Australia, Switzerland, New Zealand, and Canada. Question: Is it a coincidence that five of the six are former British colonies? Follow-up questions: * If not a coincidence, what did the British do in their colonies to enable this legacy

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Comparing Buenos Aires and Chicago — politics and economics

1 Comment / Business, Culture, Economics, Politics /

In a recent Kaizen interview, Argentine entrepreneur Enrique Duhau discussed some of the challenges of doing business in a country with a politicized economy. I was reminded of Campante and Glaeser’s comparative study of Buenos Aires and Chicago, two cities that were very similar in the nineteenth century. They were similar in population size, with

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Spanish translation of “What Business Ethics Can Learn from Entrepreneurship”

Leave a Comment / Architecture, Art, Culture, Economics, Entrepreneurship, Ethics, Film, Literature, Poetry, Sculpture /

“Lo que la Ética Empresarial Puede Aprender del Emprendimiento.” The Spanish translation of my essay is by Walter Jerusalinsky and published online at Idóneos e-magazine. The essay was first published in English as “What Business Ethics Can Learn from Entrepreneurship” [pdf] in the Journal of Private Enterprise. It’s also available at the Social Science Research

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