Antiwork and the Labor Shortage

The antiwork movement is extremely popular online. Supporters of this view are brigade downvoting any view they see as opposed to this: especially if it suggests that government handouts result in people not wanting to work.

I think the desire for better pay and better work conditions are well founded. Most of our Fortune 500 companies are run by hired gun CEOs, not founders, that are trying to extract maximum short term profits at the expense of employees and customers and the environment.… read more “Antiwork and the Labor Shortage”

Lecture on Economic History

I listened to my economic history lecture while riding my bike. I learned that most nations in the 1500-1700s believed in mercantilism, basically the theory that wealth in the world was fixed and the only way to make a nation wealthy was to export more than it imported. Adam Smith disagreed (rightly) and theorized that labor * labor efficiency was what created wealth.… read more “Lecture on Economic History”

Mergers and Acquisitions

The bottom line is that mergers and acquisitions destroy companies. Removing the founder and reducing the power of key executives destroys the soul of a startup. Almost every company I have seen be acquired by a larger company has died.

Founders, don’t sell your companies. An exit is not the goal. Your business is our baby, what monster would sell his baby?

Racism by Google and Youtube?

I was pretty surprised to note today that both Google and Chrome’s default homepage is showing this:

Imagine if the page instead showed this:

Showing preference for one race is the very definition of racism.

Racism cannot be ended with racism. The central hope of Martin Luther King Jr., was that people would someday be judged by “the content of their character rather than the color of their skin.”