Economics

When Society Stops Rewarding Industry, We See Galtism

Following up on what motivates us to work and create, I want to point out a few cases of “Galtism” in current events. (As background, John Galt is a character in Atlas Shrugged who leaves society when it stops rewarding his ingenuity and hard work.) First, a letter from Jake DeSantis, an executive vice president …

When Society Stops Rewarding Industry, We See Galtism Read More »

More Important to Teach Principles than Facts

This week I read The Leader in Me, Stephen Covey’s new book about teaching the Seven Habits of Highly Effective People to elementary school students. Schools in North Carolina, Alabama, Illinois, Guatemala, Singapore, and elsewhere have successfully incorporated 7 Habits into their curriculum. As an outsider to education, what most interested me were the chapter …

More Important to Teach Principles than Facts Read More »