Month: May 2012

I read this article today by Steven Pearlstein in the Washington Post. And I wanted to throw up. This kind of ignorant drivel makes it very difficult for me to pursue my mission of helping people create more wealth for society. Don’t devote more than a minute skimming Pearlstien’s article. His supposed analysis of capitalism […]

Certain political ads claim that Bain Capital, Mitt Romney’s former company, is a bane on society. Supposedly Bain Capital destroys the wealth of certain people in order to increase the wealth of other people. Supposedly the benefactors are people who are already rich, and the losers are working-class poor people. It does this by buying […]

Facebook uses the same revenue model as Google: Advertising to viewers of their sponsored pages. And both companies have large numbers of users looking at their web pages. So advertisers and investors should take comfort that there is an enormous earnings future for Facebook. But the Facebook IPO is faltering. One has to ask, Why? […]

In a previous post I gave two fundamental principles. Maybe I could have called them Basic Facts, because they are not “principles” in the sense of being doctrines or beliefs. But the word “fact” seems too final, and while I believe these principles to be true, I want to leave some room for modification in case someone […]

Americans are increasingly in love with big government and believe in its mystical power to fix all things. What does this mean for those of you who are interested in helping society by building wealth? Before answering that, here’s some history. For the first century of this Republic, government let the people do their business. […]