More often than not, Economics and Politics are like conjoined twins who don’t get along very well. I can hear Economics shouting at Politics, “I always feel used by you!” However, occasionally the two come together and play nice-nice and that happens at least once a year during National Small Business Week. It’s a tradition […]
The Small Business Administration says that National Small Business Week – May 4-8 – is for “celebrating America’s entrepreneurs.” But can anyone afford the party favors this year? One of the uplifting facts of entrepreneurship, is that many successful founders start their businesses in slow economies. However, that hasn’t been the case in the past […]
Small business is pretty big business in the federal government’s bureaucracy. President Obama elevated the position of Small Business Administration administrator to cabinet level back in 2012 and its operating budget – just salaries and general overhead costs – is about $430 million. Of course, there’s a lot more cash involved in SBA loans and […]
The first lesson a respected college professor taught his students was to not trust academic “experts.” If you look at the track record of these so-called experts, it’s never very impressive. And it gets worse when public policy makers become involved. They find academics who take opposing views and try to shape the debate in […]
If you received a robo-call one evening around dinner time and the recorded voice on the other end of the line boasted that there was “free money” available, what would you do? Most would hang up the phone and go back to the dinner table. The simple fact is that there really isn’t such a […]