by Bruce | January 21, 2021 | Articles, Ineffable, Just Plain Interesting
By Amanda Gorman, Poet Laureate of the United States: Delivered 20 January 2021 When day comes, we ask ourselves where can we find light in this never-ending shade? The loss we carry, a sea we must wade. We’ve braved the belly of the beast. We’ve learned that quiet...
by Bruce | September 1, 2020 | About the Site, Book Reviews, Just Plain Interesting
Some of the books that have crossed my desk, and end-table, over the past few months. This year of Coronatide, I define “summer” loosely, as I suspect many of you do. Sometimes it all feels like March has been extended for an indefinite run. (September 1 would be...
by Bruce | March 16, 2020 | Articles, Ineffable, Just Plain Interesting, Leadership
At times, and now is emphatically one, when America is challenged we seem to take forever to get up off our haunches and begin the process of trying to wrest back control of the chaos and turn back the threat. Our response is spastic, uncoordinated, at cross...
by Bruce | January 30, 2019 | Articles, Cultural Considerations, Finance, Ineffable, Just Plain Interesting, Leadership, Strategy
My title for today steals literally from Ronald Coase’s legendary 1937 paper of the same name, which gained Coase the Nobel in Economics in 1991. The paper, barely over a dozen pages long, asks the question, childlike in its simplicity, “why do firms...
by Bruce | March 9, 2018 | Articles, Finance, Ineffable, Just Plain Interesting
John Adams notably wrote that “facts are stubborn things.” Words, however, can be fluid, flexible, and subject at times to arbitrary diktat. This last sense was famously expressed in Alice in Wonderland “When I use a word,” Humpty Dumpty said, in rather...
by Bruce | July 4, 2017 | About the Site, Adam Smith Himself, Articles, Just Plain Interesting
“You have a republic, if you can keep it.”—reliably attributed to Benjamin Franklin, at the close of the Constitutional Convention of 1787. With that as our text in mind for this parlous and yet inspiring Independence Day celebration, two threads tying our...