Government Regulations Add Value

Government regulations have their genesis in addressing previously unknown shortcomings or problems. Let’s consider this statistic offered by Human Progress (@humanprogress) on Twitter: “2,373 people died in airline crashes in 1972. With nearly 10 times the airline passengers, only 186 died last year.” The upside in safety is due to Read more…

Durable Competitive Advantage

In a video on Yahoo Finance called “A Crash Course on Competitive Advantage“, the hosts of this Motley Fool Video describe insights from Michael Porter, a professor at Harvard Business School. Porter defines competitive advantage as a function of either: providing comparable buyer value more efficiently than competitors (low cost), Read more…