Give thanks to the corporations that have made our modern lives amazing. Q1 hedge fund letters, conference, scoops etc Uber Everyone loves to hate Uber, but there are few companies that have made the world so much better in such […]
Author: The Foundation for Economic Education
Retail Giants Finally Getting “Smart” Thanks To Amazon
Healthy competition makes every single one of us better. It allows us to come to terms with our limitations and challenges us to push ourselves to achieve bigger better things. And it is competition that drives the market and technological […]
Some Thoughts, Facts, And Charts About Taxes: Bring Us Back To 1913; Or Better Yet, Bring Us Back To 1912!
We are quickly approaching the deadline for filing (and paying) our federal and state income taxes (extended to Tuesday, April 17 this year because April 15 falls on a Sunday and Monday is Emancipation Day), and that means it’s time […]
Character, Not Control, Is The Antidote To Evil
Humans are dangerous creatures capable of great evil. This inescapable truth bombards us every time we turn on the news. The weight of this knowledge bears down on every human soul, and with every tragedy, we are starkly reminded of […]
The Surprising Truth About What Makes A Great CEO
The world is changing faster than ever, but the narrative of leadership remains dominated by talk of such larger-than-life visionary prophets as Steve Jobs and such executive warriors as Jack Welch. See 2017 Hedge Fund Letters. This iconic CEO is […]
Could Amazon Buy A Country?
I read a news story today about Amazon now employing more than 500,000 people. More than 500,000 people are employees of Amazon. When you count all the people who make their livings through stores on Amazon, by delivering Amazon products, by making the boxes […]
Amazon Controversy Makes The Case For A Private-Sector US Postal Service
Is Amazon causing the U.S. Postal Service to lose money? That’s the assertion made by President Donald Trump last week in a series of tweets criticizing a Postal Service contract with Amazon, under which the Postal Service delivers Amazon orders […]
How Not To Be A Snowflake At Work
Resilience, a crucial emotional attribute for a happy and successful life, is in decline across college campuses and workplaces. See 2017 Hedge Fund Letters. The head of counseling at one major university recently observed “a decrease in the ability of […]
Why The Social Engineers Of The Sixties Failed To Make A “Great Society”
Fifty years separate us today from 1968 and the two momentous legacies of the then failed presidency of Lyndon Johnson: The declaring of war on America’s supposed domestic ills in the form of the “Great Society” programs, and the aggressive […]
Why Big Data Won’t Save Central Planners From The Knowledge Problem
Among statisticians, economists, and business executives, “Big Data” is all the rage. Large and detailed data sets that, until recently, couldn’t even be stored on a computer are now managed and analyzed using innovative statistical techniques. Hopes are high that […]