Loyalties and Addictions Many nations, and the global market as a whole, are moving from the Loyal Economy to an On-Demand Economy. (See Klaus Schwab, The Fourth Industrial Revolution, 2016, 72) This is just what it sounds like. Our societal focus is increasingly on what we want--not what we need,... Read More »
Pendulum Swinging We’ve heard a lot about populism during the election, and we’re going to hear a lot more. Why? Because the elite media is in serious shock. They expected Hillary Clinton’s success, but the rise of both Trump and Sanders has astonished them. Result: they’re writing... Read More »
(Note: In the Internet Age, writing short blog posts usually wins the day. “Nobody wants to read more than 1-2 pages,” the experts say. “Less is more.” I usually try to follow this maxim. But today I’m making an exception. So be forewarned: This article is quite a bit longer than... Read More »
Washington’s “Grin and Bear It” Message About an Economy that’s Still Struggling The Need/Desire Question In a 1927 issue of Harvard Business Review Paul Mazur of Lehman Brothers wrote the following prescription for the nation: “We must shift America from a needs to a desires... Read More »
Then and Now Over a century ago the British historian James Bryce travelled the United States to discover what had changed since Alexis de Tocqueville wrote Democracy in America. One of the most interesting topics he wrote about was, “Why Great Men Aren’t Elected President in the United... Read More »
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