In the Publix Interest

  Friday evening, in a last-ditch effort to save its Memorial Day weekend profits, Publix, “one of the 10 largest-volume supermarket chains in the country,”  announced it would no longer make contributions to the campaign of Republican gubernatorial candidate Adam Putnam.  The news came minutes before a scheduled “die-in” organized by David Hogg, a survivor … Read more

There’s No Business…

  I have never spent a day in a classroom in the Wharton School of Business at the University of Pennsylvania, but based on the behavior of one of its undergraduates, there is only one of two possibilities.  The faculty of this prestigious institution does not understand the foundations of successful enterprises (which I doubt) … Read more

The T-Myth Revisited

  The title of today’s blog is a take-off on Michael Gerber’s classic book The E-Myth: Why Most Small Businesses Don’t Work and What To Do About It (Harper Collins, 1995).  During my days at the Ewing Kauffman Foundation in Kansas City, I had the pleasure of being the host of a one-on-one conversation with Michael … Read more

“Kill the Dealers”

  Why is this man smiling? At a rally for the Republican candidate for Congress in Pennsylvania’s 18th District, Donald Trump performed his impersonation of Philippine president Rodrigo Duterte and Chinese president (for life) Xi Jinping.  At issue was the increasing number of U.S. deaths attributable to drug addiction and overdoses.  Trump’s target?  Drug dealers!  … Read more

Why We Need the CFPB

  I know, there are many more important things to write about this morning, but I needed to share my interactions with J.P. Morgan Chase bank over the last 24 hours.  Especially, on a day when the Trump administration stripped the Consumer Financial Protection Bureau unit of its enforcement powers to pursue discrimination in lending … Read more