One of the fundamental underpinnings of modern capitalism is the voluntariness of the transactions that make up the commerce in a capitalistic society. My patronage of a coffee shop, and the subsequent exchange of $4.00 for an eggnog latte, is voluntary by both parties to the transaction: I didn’t have to buy the latte, and the [...]
Contrary to our society’s romanticized vision of an entrepreneur’s life, success takes a long time to come (if it ever does). While there are famous counter-examples, in the overwhelming number of cases, success takes years and even decades of hard work.
I post on this topic today because it’s a particularly important issue to me, because it’s [...]