Production Theory

Displaying 71 - 80 of 675

Just Print the Necessary Funds

Media and CultureTaxes and SpendingProduction Theory


Over the weekend I watched "Flags of our Fathers" and one quote stuck out (among others). It comes from a Treasury Department official (Bud Gerber) who is trying to convince the flag raisers of Iwo Jima to use their celebrity...

Read More

Paid statutory holiday

Global EconomyProduction Theory


You know, socialist governments are just so sweet. They pay people to take vacations, and surely no one can complain about that! And just look at the US in this chart: not a single paid vacation day is...

Read More

Technology plus economics plus marketing = business success

EntrepreneurshipProduction Theory


I've been completely captivated by this series of interviews in which Steve Jobs and Bill Gates are brought on a set together to talk about the history of our times as it concerns technology, and their...

Read More

This Bud's For You

Production Theory


[Cross posted at Organizations and Markets]

Most of my academic colleagues are anti-American food snobs. Why, those poor Yanks, they think Parmesan cheese is a white, powdery stuff in plastic cylinders rather...

Read More

Wow! Economic Growth without Government!

Free MarketsProduction Theory


Statism resounds in the last two paragraphs of this article (NO subscription required) in this...

Read More

An Island of Pride In An Empty Sea

Production Theory



How strange to find pride of workmanship in this seaside casino where the trick is to get rich without working; unless you consider work the mashing of a red lighted button that says "spin wheel".

Surrounding the buffet, where I'm chewing on a moist sticky sweet macaroon are...

Read More

Left Coast Road Socialism and the Market-friendly Governor

InterventionismProduction Theory


Yesterday afternoon, my friend, who has recently moved to the Left Coast, pointed to this blog to alert me to the fact that MacArthur Maze, "the complex of freeways where Berkeley, Oakland, San...

Read More

Drop Errors and The Trouble with Peer Review

EntrepreneurshipPhilosophy and MethodologyPolitical TheoryProduction Theory


In product development there are two kinds of errors. A "go" error occurs when the green light is given to a product that eventually fails. The Edsel, a $250 million write-off by the Ford Motor Company in 1959, is one example. The "drop" error occurs when an idea that could have been highly...

Read More

Penn and Teller Send Up Wal-Mart Hatred

Media and CultureCapital and Interest TheoryProduction Theory


Once again, Penn and Teller hilariously explode the myths and superstitions about capitalism with a healthy contempt and a plethora of curse words, so use discretion.

Here's Wal-Mart Hatred is Barbara S...

Read More

A Suit of Conservative Principles

EducationPhilosophy and MethodologyProduction Theory


Life without international trade: using local labor and materials only, a suit takes 500 man-hours to produce. And it's not exactly high-quality. But what a great teaching project by Kelly Cobb of Drexel University.

Here's the story from...

Read More