August 2011
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“I got into the press criticism racket because as the editor of Washington City...”
– Jack Schafer, in an interview with Adweek. H/t Felix Salmon.
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Reliable economic and business journalism is something individuals and businesses take largely for granted in developed economies. Leading publications have widespread coverage of financial markets, corporate news and key economic indicators that are of crucial importance for the livelihoods, employment opportunities, and investments of ordinary people.
It wasn’t always that way. As...
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Building wealth takes a village
Tony Schwartz on the Harvard Business Review blog network:
…what’s most impressive about Warren Buffett is that he recognizes his wealth and success are not simply a function of his skills. As he acknowledges, he also had the incredible good fortune to be born into money and privilege, which provided him with endless support, social capital and opportunity.
“If you stick...
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Charles Onyango-Obbo via allAfrica.com:
“You need to appreciate two things about women”, he started. “First, women fear prison. A man might steal millions, calculate that he will be sent to prison and come out a year later to enjoy the money, ” he said.
“Women don’t think like that”, he said. “A man goes to prison and comfortably leaves his...
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Felix: Years of liberal dogma have spawned a... →
felixsalmon:
Yes, that’s the headline of Max Hastings’s column in the Daily Mail. But you know how it is with headline writers. They always go a bit far. Get to Hastings’s actual copy, and it’s so much more sensible and toned-down.
If you live a normal life of absolute futility, which we can assume most…
Very interesting take highlighted/punctuated by Felix Salmon. I’m not too...
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A must-read New York Times essay by Drew Westen:
A story isn’t a policy. But that simple narrative — and the policies that would naturally have flowed from it — would have inoculated against much of what was to come in the intervening two and a half years of failed government, idled factories and idled hands. That story would have made clear that the president understood that the American...
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