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Witch of Wall Street

Witch of Wall Street

Contrary to the widely held belief, Meg Whitman, CEO of eBay, is not the first “World’s Richest Lady to Make It on Her Own.” Arguably, that title may rest with…

Entrepreneurial Cycle

Joseph Schumpeter would have loved today’s stock market. Schumpeter (1883-1950), an Austrian economist who emigrated to the U.S. and taught the dismal science at Harvard, would have seen opportunity around…

Job Outsourcing

Job outsourcing is not a new problem for any economy—history is replete with examples. In the 1830s, England became so proficient at milling cloth that India cried “foul” as jobs…