Central Banks: The Neurosurgeons of the Global Economy

Every few years, some anti-governmental organization pushes the bright idea to abolish the U.S. Federal Reserve System or make its officers answerable to the voting citizenry at large. The idea seems to be that such “quasi-bureaucratic” agencies are unacceptable under our Constitutional, democratic system, even though it’s no secret that similar central banks perform . . . → Read More: Central Banks: The Neurosurgeons of the Global Economy

Three Proposals to Solve the Present Financial Crisis

If you aren’t feeling seasick yet from watching financial markets shoot up and then plunge over and over again over the course of the past year, you must be one of those sane people who ignores the market unless a line is spotted extending down the block from your own personal bank and brokers . . . → Read More: Three Proposals to Solve the Present Financial Crisis

Why Doctors Are Not Good Businessmen

It seems almost every other day I hear about some young college kids starting up a new business. Perhaps it is a dot com or social networking business or something unique. What everyone always wants to know is this – what is the business model?

This has got me thinking about the business model . . . → Read More: Why Doctors Are Not Good Businessmen