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.

We Crave Value. They Give Us GDP.

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What's the purpose of an economy? It's to generate prosperity for the people who participate in it. Prosperity is defined by value -individuals' feeling that life is getting better and more comfortable with better future prospects. GDP is a diversion that has nothing to do with all that.

Six Traits Of America’s Entrepreneurial Culture

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There's a culture of entrepreneurship and innovation in America that is unparalleled anywhere in the world. Other cultures envy it, and envy the quality of life benefits that Americans enjoy as a result. Let's not lose it.

99% Of Businesses Practice Free-Market Capitalism. Our Largest Corporations Practice Something Else.

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99% of businesses - those we call small business - practice customer-first capitalism. The rest are the giant corporations that do not. Shareholder value maximization, bureaucratic enforcement of acronymic ideologies, and cronyist alliances with government leave the customer low down their list of priorities.
Decentralization

The Boundless Promise Of Decentralization For Business.

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As businesses learn more about how to harness the power of complex systems, it becomes more and more evident that releasing central control and planning is an imperative.

Technology Is Evolutionary, Entrepreneurship Is Revolutionary. In Combination, These Forces Change The Structure Of The Economy.

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Technology evolves independently of human planning. But it takes entrepreneurs to turn evolving technology into revolutionary new applications in markets.

How Can Big Companies Act More Entrepreneurially? Install A New Value Engine.

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Value is co-created with customers. Bringing the customer inside the firm is the first step in building a new engine of value.