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The Power of Trust

My friend “Roy” is a talented businessman and — in most respects — a natural-born entrepreneur. He’s made several fortunes in his life, but he’s lost them too. As I write this, he is starting over again — for the fourth time. “My life has been a roller coaster,” he said to me over a beer the other night. “And I don’t know why.”

I know why. When it comes to building wealth, Roy is missing one key characteristic. That characteristic?

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Morejos

By High Talk and Rumors

Morejos

David Alfaro Siqueiros
1896 – 1974

 

Rugged sculptured mountains struggle against a textured and scraped background and behind a flowing, mingling foreground in this small mixed-media work on paper by the Mexican muralist and revolutionary David Alfaro Siqueiros. Executed in 1967, the painting is a mixture of oil paints and pyroxylin, a substance related to guncotton, which dries with amazing speed.

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When Will We Solve the Global Warming Problem?

Technology changes not when it might but when it must.

Sensitive people note problems and talk about them. Writers and other influential people talk it up. Crusades are launched. And these crusades create counter-crusades. The argument soars in the media. And for a while it seems as if nothing will ever be done. But gradually, as the threat becomes more tangible, the counter-arguments subside. Laws are written. Treaties are signed. But still no great progress is made. Finally, the general population begins to make changes. But these changes don’t happen until the threat becomes tangible to the affected population.

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Must You Be Cutthroat to Succeed in Business?

“I come from a poor family. I want to start a business and make money to help them. But when I see successful businesspeople depicted on TV and in the movies, it seems like lying and cheating and screwing people is the way to go. I’m worried. Is that what I’m going to have to do?”

This question was posed just after I had given a presentation on entrepreneurship to a group of MBA candidates at Florida Atlantic University. I was momentarily startled by it. I was sure I hadn’t said anything that suggested success in business requires a cutthroat approach.

Still, the question was understandable. When Hollywood shows us business and businesspeople, it is more often than not in a negative light. And when Wall Street, the banking community, and the insurance industry screw their clients – as they’ve done so notoriously – how could any young person think differently?

So I told the young people in my audience what I’m about to tell you.

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This Year’s Darwin Awards

 

 

 

 

 

 

 

 

The Darwin Awards are out. The nominees were:

 

Semifinalist #1

A young Canadian man, searching for a way of getting drunk cheaply, because he had no money with which to buy alcohol, mixed gasoline with milk. Not surprisingly, this concoction made him ill, and he vomited into the fireplace in his house. This resulting explosion and fire burned his house down, killing both him and his sister.

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The Eight Marks of Fascist Policy

by Lew Rockwell

John T. Flynn, like other members of the Old Right, was disgusted by the irony that what he saw, almost everyone else chose to ignore. In the fight against authoritarian regimes abroad, he noted, the United States had adopted those forms of government at home, complete with price controls, rationing, censorship, executive dictatorship, and even concentration camps for whole groups considered to be unreliable in their loyalties to the state.

After reviewing this long history, John T. Flynn proceeds to sum up with a list of eight points he considers to be the main marks of the fascist state.

As I present them, I will also offer comments on the modern American central state.

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