Tag Archives: creative destruction

Tesla, Crony Capitalism and Creative Destruction

  Dear Friends,   It seems to me, an excellent illustration of political favor at work, the type of political favor that is destroying our economy… is the scuffle between Tesla Motor Cars and the Dealerships in New Jersey. Everyone … Continue reading

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Today’s Federal Reserve Meeting

  Dear Friends,   It seems to me, economists have been predicting three plus percent GDP growth since Obama came into office, and all their predictions have been wrong. The US GDP has stagnated for over five years despite the … Continue reading

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Economic Circadian Rhythms

Dear Friends, It seems to me, the boom bust cycles of all market economies, are like the sleep wake cycle of human beings, and all higher life forms. We must have times of rest, else we become less efficient, and … Continue reading

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Evolution of Organizations

Dear Friends, It seems to me, the worst thing that can happen to an organization, is success. Because success means the irrelevance of that organization. To an organization irrelevance is the death knell. No one, who has spent time and … Continue reading

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