The difficulty lies not so much in developing new ideas as in escaping from old ones.
John Maynard Keynes
If you know who you are then you know what to do, and we are America.
Corrections in the stock market are painful but necessary. The unfortunate fact that they seem to happen at the speed of light these days does not change the long-term truth.
Americans are rightly concerned with inequality. The strange omission in all of this is the lack of curiosity about what causes inequality.
It is easy to have integrity in theory; it is a little harder when we demand it in practice. Of course, most would laugh at the idea of discussing integrity and politics in the same post, but here I go…
When the enemies of capitalism point to deals like Amazon’s as an example of what is wrong today they are half right. The problem is that they don’t seem to understand it is the high tax policies that they support that lead to deals like this being made.