Obviously, we live with and depend on business corporations to provide us with what we need. Competitive markets encourage innovation and invention to our benefit. What motivates these corporations? According to Milton Friedman the only purpose of a corporation is to make a profit for the shareholders. There are some well-known companies that pursue a broader and socially responsible agenda: Patagonia and Ben & Jerry’s are prominent examples. But corporations are run by a variety of people who sometimes make . . .
Month: November 2020
Short Term Decisions
The outgoing administration has a self-served view of the world. Behind the obvious distractions and pandering to the benighted, are destructive tampering with relationships and regulations and short-sighted decisions. Purged Cuban Doctors The US along with Brazil’s Bolsonaro (“Trump of the Tropics”) expelled 10,000 Cuban medical workers from poor areas of Brazil, Ecuador, Bolivia and El Salvador months before the Covad19 pandemic struck. This was done to curb Cuba’s most important export, medical experts. How the doctors and nurses get . . .