Made in Japan

Remember all those books in the 1980s about “kaizen,” “kanban,” “keiretsu” and all the other secrets of Japanese management that were supposed to save American industry? Well, it must have worked — and perhaps too well....

The Creativity-Knowledge Dichotomy

I saw a bumpersticker the other day which said, “Creativity Is More Important Than Knowledge.” What an excellent example of utterly wrong thinking! You can’t separate creativity from knowledge. The two are intertwined. Generally speaking, greater...

George W. Bush is His Father’s Son

[CAPITALISM MAGAZINE.COM] President George W. Bush is his father’s son. In place of principle — right or wrong — we see waffling. His recent approach to the stem-cell research debate illustrates this fact eloquently. The President came up with a...

Supply Chain 101

I find that my expertise as a supply chain management consultant helps me a great deal with my investing strategy. These days, a lot of brokerages — Morgan Stanley, Salamon Smith Barney, and Prudential to name a few — are getting excited about the...

“Fixing” Social Security

As Congress debates “fixing” the Ponzi scheme we call Social Security, consider a few things: Congress established Social Security with a little-known loophole, allowing states and municipalities to exempt their public employees from Social Security. In...

Inside the Crime: Why is Chandra Levy Missing?

One of the clues in the Chandra Levy case that may have been dismissed too quickly was a call to the police on the morning of her disappearance, reporting a woman’s scream heard in the building where she lived. This seems to have been disregarded as an unrelated...

Is Al Gore Manning the Bush EPA?

When the Bush administration lands on the same side of an issue as The New York Times editorial board, Sen. Hillary Clinton and the Sierra Club, it’s time to clear out the cockpit. The administration’s latest junk science decision should cause Bush...