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The Demonization of Private Equity
Labeling an entire industry as destructive and evil is detrimental to the investors, communities, and hundreds of millions of people worldwide that benefit from its activities.
READ MOREThere are Numbers, and There Is Reality
At the very least, some humility is in order. We could do worse than Yogi Berra recommended when he said, “If you ask me something I don’t know, I’m not going to answer.”
READ MOREAre We Really Ready for Free-Market Healthcare?
Throughout the vast majority of human history medical technology was so rudimentary that almost nobody had to face the choice between employing significant resources to prolong their life or using them for something else.
READ MOREMicrosoft Saw What a Four-Day Workweek Can Do
One of the most groundbreaking characteristics of a developed economy is the freedom entrepreneurs and firms have to develop their companies as they see fit. It was precisely this freedom that allowed Henry Ford to experiment with the 40-hour workweek in an age when most manufacturing employees worked as many as 100 hours per week. […]
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