Archives December 2011

Austrian Economics and Business

Austrian Economics and Business

Austrian economics is simply a philosophy towards money, policy, and it can even apply to business.  The core tenants can have a powerful effect on business in fact, and that's why it interested me so much. I think if you understand some of the basics, you won't be able to ignore their application to your business. Here are some of the major points:

The effect on all groups

Bad economics, bad policy, bad management has this in common: It expenses one group to the benefit of another.  And, the group that gets the benefit is the one that ...

 

Thoughts On Brutality

Thoughts On Brutality

It's probably strange to see this topic on a business blog. I would think so. However, the subject of brutality plays a role in my business, strangely. Not a blood lust, but a something more subtle. 

Brutality is something that we think we can get away from, and is certainly something we would never inflict, right?  I, just like you, and all the other sane souls, take no pleasure in destruction.  However, let me throw this terrible hypothetical at you:

 Would you take the life of a loved one that is close to you right now, with a knife ...

 

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