On a wing and a prayer." (After being asked how the angels make love in Milton's Paradise Lost).
The social arrangements that produce responsibility are arrangements that create coercion, of some sort.
Management innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard.
We owe our existence to innovation. Our species exists thanks to four billion years of genetic innovation.
In a well-functioning democracy, citizens have the option of voting their political masters out of office. Not so in most companies.
I attended schools in Seattle through the University of Washington, from which I was graduated in 1931. I spent the next year at Northwestern University.
In the period from 1824 to 1833, the tendency was steadily in the former direction, but it was only in the latter part of it that it was made really efficient.
It will be said, however, that protection tends to destroy commerce, the civilizer of mankind. Directly the reverse, however, is the fact.
The runs started in Thailand after the IMF intervened in such a dramatic way. Then the IMF came to Indonesia.
The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed.
The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.
I have a preponderance to look smug in photos; something to do with the way my mouth turns up at the corners.
For small businesses, you need less taxes, less federal spending, and you need less regulation that blocks their growth.
Schooling after the second grade plays only a minor role in creating or reducing gaps.
It is impossible to objectively define how free a market is. This is a political definition. Government is always involved, and those free marketers are as politically motivated as anyone.
In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient.
Being willing to donate the taxpayers' money is not the same as being willing to put your own money where your mouth is.
I have friends, political scientists, sociologists, who all share an interest at least in certain kinds of science fiction.
The fact is, society is made more hospitable by every individual who acts as if 'do unto others' really was a rule.
Without a moral framework, there is nothing left but immediate self-indulgence by some and the path of least resistance by others. Neither can sustain a free society.
It is hard to read a newspaper or watch a television newscast without encountering someone who has come up with a new 'solution' to society's 'problems.'
