Posted tagged ‘business’

On Greed: How to Not Take the Bad With the Good?

2010/05/20

Greed is the spur to action for many of our businesses and leaders Without their greed, we wouldn’t have as much production or as high a standard of living. Greed has been recognized as a good thing going back,at least, to the English and Dutch mercantilism of the 1500s, if not earlier. Since then, influential people such as Increase Mather extolled what Max Weber later called the Protestant Work Ethic, and Adam Smith who implicitly praised greed and its role along with the invisible hand of markets.

But sometimes, greed goes too far. The events of recent years show us the need for reforms:

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On The Price of Oil and Gasoline: Why Is It So Much and How Can It Be Reduced?

2009/12/01

President George W. Bush was a terrible president – arguably the worst ever.  That said, he did one thing that I really liked: he greatly increased the American production of natural gas – which is why its price has fallen by one third to one half of late.  Why then have the price of oil and gasoline stayed so ridiculously high when the cost of natural gas has fallen?
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On The Independent Blogger Part 2: What is He Doing?

2009/11/26

I am building up to three things here in my drive for reform, Fixing the CountryFixing the Economy, and Fixing Religion.

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On Fixing Cleveland – Part 4: Who Can Lead this Change?

2009/11/21

In the previous 3 pieces, I defined and analyzed the problem in the previous 3 pieces, and suggested improvements – most of which have already succeeded in solving similar problems in other cities. The only thing unique is that Cleveland has allowed itself to fall so low. My commenter lsbnbj blames a lack of leadership for the problems. This is true. By definition, strong, wise, caring leadership would not have allowed this decline to occur.

That said, it doesn’t take brilliant leadership to follow in the path of regeneration that other cities have already established. Mostly it takes persistence, concentration and cooperation. This is something that even bureaucrats could accomplish, if they were empowered to do so. What does take leadership is in persuading people, at the beginning, to support a new system that would be much more effective in achieving its goals. This is how I would do it: (more…)

On Fixing Cleveland – Part 3: How to Attract People to the Region’s Urban Cores?

2009/11/13

798px-Cleveland_from_Superior_ViaductI recommend that you first see Part 1 and Part 2 of this series

In Part 1 I established we need to solve this on a regional basis. In part 2 I established that people will come to this region if and only if there are good jobs to be had here. That said, the above are necessary, but not sufficient conditions for growth. There also has to be reason to live in the cities not just the suburbs. Once again, the urban cores must build on their strengths and turn their weaknesses into strengths. (more…)

On Fixing Cleveland – Part 2: How to Bring Businesses and Jobs In?

2009/11/09

I recommend that you first see Part I of this series in my previous post …

Retain, grow and attract businesses:
798px-Cleveland_from_Superior_ViaductTo grow again, Cleveland and the other cities in its region need to provide opportunity. This opportunity needs to come in the form of business and jobs. The cites in North-East Ohio need to work together to provide the right conditions to grow, retain and attract businesses. (more…)

On The Contract Law: Why is Your Bank so Evil and What Can You Do About It?

2009/11/03

800px-United_States_one_dollar_bill,_reverse Most of us will agree that businesses exist to make a profit. Most of us will also agree that businesses exist because they provide something that a consumer wants to pay for. This model works great for a consumer going to a store to buy an item he can pay cash for 1 time – such as a drill. There are many stores that sell drills, many brands of drills, and many consumers. No particular group can take advantage of any other, and market forces work very well to provide value to the consumer and profit to the businesses.

What happens when a service is purchased for some period of time, such as a bank account, or a cellular phone subscription? Here, the market is more limited in 2 ways.

  1. the number of sellers are very limited in number and in difference in product offering.
  2. the businesses have vast and mighty contracts that give them a level of advantage over the little people not seen since the days of Landlords and Serfs in Europe. (more…)