What makes capitalism work is competition among firms. Firms that can deliver value replace firms that can't, resulting in increases in worker productivity, which is the basis for increases in our standard of living . But when governments bail out poorly managed firms, productivity stagnates ... Read more

Obama’s Clean Energy Agenda President Obama has made global warming one of the key issues of his administration and it’s an extremely ambitious agenda he’s bringing to the table. Included in his agenda is a pledge to eliminate oil imports from the Middle East and Venezuela within a decade ... Read more

That's the message from President Obama, who has instructed Treasury Secretary Timothy Geithner to "pursue every legal avenue" to block $165 million in bonuses that the bailed out insurer plans to pay executives who were in part responsible for the company's near collapse. ... Read the ... Read more

President Obama has asked Treasury Secretary Tim Geithner to looking compensation being paid to AIG (AIG) employees for work done in 2008 and to pursue “every legal avenue to block these bonuses and make the American taxpayers whole.” New York Attorney General and future government ... Read more

The Issue Congress passed a $787 billion stimulus package on February 13, 2009. The measure passed in the House with no Republican votes. Three Republican senators, Susan Collins, Olympia Snowe and Arlen Specter joined the Democrats to pass the bill, by a vote of 60-38, in the Senate. President Ob ... Read more

I’m always interested in how a leader at the top of an enterprise communicates with regard to his own business. A lot depends on the corporate structure, however there are some leaders that can speak intelligently about any aspect of their company.  Others have a broad understanding ... R ... Read more

One of the bloggers I spent some time with at the Kauffman bloggers forum was Sramana Mitra, who writes for Forbes . She adds her voice to the growing chorus of those who have concerns with the Obama administration's agenda for the economy.  She is worried that advice they are getting ... ... Read more