JOHN WOODEN is arguably the greatest coach of all time. What made him so good? Coach Wooden admitted that he was not the greatest tactician in basketball. He gave Dean Smith credit for being the best teacher of fundamentals he had ever known. He credited his own success to his attention to detail.
It is as much of a holiday tradition as turkey on Thanksgiving and presents under the tree Christmas morning: New Year’s resolutions. Lose weight, exercise more, read more, be on time for a change, and manage my money more wisely. It is all good stuff, but does it work? According to Psychology Today, resolutions work for about two weeks….
There are two myths regarding policy that I take pleasure in dispelling, the first being that our two political parties are somehow wedded to certain policies that they own. Such as Republicans cut taxes and Democrats raise them; Democrats increase welfare programs and Republicans decrease them; Democrats regulate and Republicans deregulate.
The laws of economics are not just about bean-counting at some fictional company or make-believe nation. They are real and they impact our lives in much the same ways of the laws of physics. Diminishing returns are everywhere, including the ingestion of candy. The first bite is always the best and no matter how good something tastes, eventually your body will say, “no more.”
I have a confession to make. I found myself at the end of the first quarter of 2016 needing to write a newsletter and for the first time in memory I had no idea what to write.