“Not only are there fewer start-ups [in America], but a smaller percentage of them are succeeding. That means young firms are a smaller part of the overall market and ... " Read more
“I think there can be no question that women should have equal rights with men.”
“Women should have free access to every field of labor which they care to enter, and when their work is as valuable as that of a man it should be paid as highly.”
“We must here return for a moment to the position which precedes the suppression of democratic institutions and the creation of a totalitarian regime. In this stage it is the general demand for quick and determined government action that is the dominating element in the situation, dissatisfaction with the slow and cumbersome course of democratic procedure which makes action for action’s sake the goal. It is then the man or the party who seems strong and resolute enough “to get things done” who exercises the greatest appeal."
According to The Economist,even though progress has been slow on the reform front, President Mauricio Macri is the leader who can prove to the Nation and the world that Argentina... Read more
Do foreign workers steal jobs from native born Americans? Is it true that they are willing to accept below market wages, this way depressing the standard of living of millions of America? Overall, are immigrant workers a drag on the US economy? Apparently not. Read the piece below, a recent (March 7, 2017) WSJ Editorial highlighting how immigrants bring talent, entrepreneurship, and innovation; while many of them created impressive companies that employ large numbers of Americans.
“As a good rule of thumb, proprietary technology must be at least 10 times better than its closest substitute in some important dimension to lead to a real monopolistic advantage.”
According to economist Hernando de Soto, in poor countries the main road block to growth is not lack of wealth. The issue is that most of the wealth held by citizens cannot be leveraged as collateral for any kind of routine financial or economic transactions: like getting a mortgage, a consumer loan, or a commercial loan in order to start, expand or purchase a business. In the U.S. in Europe, and elsewhere there are deeds held by property owners and accessible public documents that clearly define the boundaries of a property and allow anybody to reliably trace its lawful owners. Whenever properties are bought and sold, the records are updated to reflect all transactions. All this is clear and transparent.