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Tag Archives: firms
Merit vs. Favor: The Hidden Cost of Corporate Politics
Dear Friends, It seems to me, every human interaction has an element of politics, and as such, political favor as well. Which goes a long way to explaining the Pareto distribution. Where upwards of 80% of managers provide negative equity … Continue reading
Posted in business, economy, Group Politics, International Power, Judicial Sysytem, Law, media, Mercy, philosophy, polictics of class envy, Societal Myth
Tagged business, corporations, efficiency, favor, firms, human nature, innovation, merit, political favor, politics
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Regulating Prosperity Away
Dear Friends, It seems to me, almost everyone undervalues the destruction that regulation causes to the economy. Think of an economy like an onion. Each layer representing an industry. The most profitable ones at the core and the least profitable … Continue reading
Posted in business, economy, International Power, Judicial Sysytem, Law, media, Mercy, philosophy, polictics of class envy, Societal Myth
Tagged analogy\, bureaucracy, bureaucrats, business, corporations, creation, creative destruction, destruction, economics, economy, elite, enterprise, entrepreneurs, firms, incentives, industries, onion, paradigm, poverty, regulation, regulators, skin in the game, taxes
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