E-M8 Entrepreneurial Management for Eternal Mission

Discovering purpose through engaging in business, exploring the disciplines required for purposeful business.

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Entries from October 2008

A look at Health in America

October 31st, 2008 · 10 Comments

How to solve American Health Care problem       When I ask my students to write about current economic issues, aside from gas prices health care is the issue that seems to get the most attention. Healthcare problem is actually a tremendous opportunity, since there is so much room for improvement.   I would like [...]

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Tags: 1. Entrepreneurial Management · Economics · Healthcare

Four assumptions of Economics

October 27th, 2008 · No Comments

I typically begin my Economics classes with the duscussions of four assumptions that we make in order to study basic economics: Scarcity of resources, ratioanlity, good information and low transaction costs. It is clear that all of these assumptions are at best only sometimes correct. In information economy, scarcity is a meaningless concept. Often there [...]

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Tags: Economics

KnowledgeWorks Vision of the future

October 26th, 2008 · No Comments

KnowledgeWorks foundation is presenting a very interesting view of the future. What are your thoughts on this?    

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Tags: Innovation

Educational crisis (or not)

October 21st, 2008 · 1 Comment

The book The 2010 Meltdown: Solving the Impending Jobs Crisis makes the argument that there is an impending shortage of skilled labor that is going to render USA uncompetetive in the near future. While I agree that USA is losing ground in the world competetiveness, I would argue that the problem is not a lack of [...]

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Tags: Economics · Education · Great Books

Infrastructure projects as a way out

October 12th, 2008 · No Comments

The democratic party has proposed to use infrastructure improvement projects as a way to stimulate the economy out of the recession. Provided that it is executed right, it is just plain good idea. Will it increase our debt? Yes. But for once, we would be spending money on things that would make this country more efficient, our [...]

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Tags: Economics