Articles

I believe that the truly just society – and the one that serves all its members best – is the one that encourages and supports the creativity, imagination, and freedom of its entrepreneurs. You’ll find some important support for this thinking in topics I’ve been writing about lately.

Why Do People Say Bad Things About The Capitalist System That Delivers Superabundance?

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It is counterfactual to criticize the capitalist system that has resulted iin increasing well-being for all over the last 200 years. Is the criticism psychology-based to ideology-based?
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Why Study Economics?

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The output of any economy, of every firm and of every exchange and every transaction is more well-being - the feeling of being better off
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Complex Adaptive Systems: The Daoism Of Western Science.

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The new science of complex adaptive systems moves us away from traditional reductionist and analytical Western thought and more towards the Daoism of Eastern thought
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Business Is Not A Set Of Practices Or Strategic Methods Or Planning Techniques. It’s A Mindset

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In the current business era, there’s a lot that seems mandatory: using quantitative methods of strategy and planning, following documented IT-enabled processes, organizing fixed structures that can be captured in org charts, and complying with government-mandated rules and regulations.
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Raushan Gross: Socialism Cannot Work, Not Even in an AI-Driven Economy

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Even A.I. will be unable to conduct the vast amount of complex economic calculation that results in the emergence of prices.
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In Business, Aim At Benefits Not Goals.

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Economics lost its understanding of real life and real people when it became mathematicized. Businesses risk the same fate when they focus on numerical goals rather than customers' feelings.
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