I posted a few weeks ago some thoughts on how spending does not drive the economy. My point is not that spending is unimportant to the economy, but rather that lack of spending is not the core problem. For before you can spend, you need to have something to spend. Therefore, attempts to re-start the […]
Archives for April 2009
The Value of Checklists — And One That Saved $200 Million and Then Was Banned
The NY Times has an interesting op ed piece by Atul Gawande (whom some have called “the Malcolm Gladwell of doctors”) called A Life Saving Checklist. (The piece is from December, 2007, but remains very relevant.) The article mentions that basic systems such as checklists have become essential to simplifying the complex task of providing […]
Patrick Lencioni on the Two Core Problems with Socialism
Patrick Lencioni is an excellent business thinker. He is known for simple yet powerful management wisdom through books like The Five Dysfunctions of a Team and The Three Signs of a Miserable Job. Recently, he has started The Simple Wisdom Project, which is intended to be “a source of perspective and common sense about topics […]
151 Taxes in a Loaf of Bread
In honor of tax day, here’s Ronald Reagan’s great quote on how there are 151 taxes in a mere loaf of bread. It’s from 1975, and I can’t say for sure if the same is true today. But if anything, my guess would be that that number has gone up, rather than down. The quote […]