Photo by mentatdgt from Pexels The daily work of an executive is difficult and often stressful, but CEOs are not paid amply because their work is hard or unenjoyable. Doug McCullough Certain politicians and social critics would have us scandalized that the annual income of CEOs of large corporations is often several times that of the employees who work in…
Whether you’re a young graduate just starting your career or someone who is feeling the vocational version of the “Seven Year Itch,” the secret to professional development is taking control of the direction of your career. Many young professionals have been taught to ask for permission and seek guidance at every turn. At times this is understandable because young professionals…
Senator Elizabeth Warren is right that the path to wealth is through entrepreneurship. The senator recently released her “Leveling the Playing Field for Entrepreneurs” plan, a proposal that claims to help minorities who are starting businesses. This plan comes on the tails of her indignation toward wealthy Americans, referring to them as “freeloaders.” Perhaps she fails to realize that many…
The Texas government just allowed alcohol to be delivered directly to consumers, but won’t allow a car to be? Correct. Rather, they have been on an all-out assault on the free market when it comes to the car market. The victim, at the moment, is Tesla. The law currently requires all cars to be sold through a dealer, prohibiting any…
Governor Abbott has recently signed a law allowing companies to deliver alcohol directly to consumers. For food establishments in Texas, and Amazon, this is huge for their bottom line as it removes an unnecessary barrier. The Vice President of Rosario’s has said it will hopefully add more than ten percent to their bottom line. This could mean the same for…
This summer, thousands of moms and dads will load their children onto buses and hug them goodbye as they head off to camp to pursue their childhood dreams. Many of these kids will devote their time to practicing their curveballs and base stealing on the diamond. Undoubtedly, all of them will be dreaming of becoming the next Mike Trout or…
Polls suggesting that millennials have a favorable view of socialism are well publicized. Less known are polls showing that 90 percent of millennials have a positive view of entrepreneurship, and 58 percent of millennial respondents believe they are more entrepreneurial than previous generations. So far, though, millennials have not been as entrepreneurial in practice as prior generations. But there is hope that this could change given their…
American college graduates are suffering financially under the weight of $1.5 trillion of student loan debt. The bulk of that debt stems from worrisome federal student loan practices and ballooning state tuition costs. Approximately 75 percent of college students attend a state university or college with tuition rates set by legislatures or state institutions. Over 85 percent of student loans…
Ray Dalio, billionaire and co-chairman of Bridgewater Associates, the world’s largest hedge fund, recently penned an essay warning that America faces an existential threat if capitalism isn’t reformed. Even in the overheated rhetoric of 2019, this is a bold claim from a professional capitalist. So, what is the state of the American economy? Wage Stagnation After a decade of slow…
Nothing in 29-year-old Alexandria Ocasio-Cortez’s (D-N.Y.) brief work history as a bartender qualifies her to direct a massive transformation of society. Rep. Ocasio-Cortez is the co-author of a bill popularly called “The Green New Deal.” The dubious premise of the bill is that the world as we know it will end in 12 years if we don’t take immediate and…