PARALLELS WITH GROCERY STORE SHOPPING: Henry Kaufman: Excessive Optimism and Other Economic Biases - WSJ.com
Maybe a simple question would suffice:
Are we doing everything we can to be business friendly, investor friendly, job creation friendly, etc.?
We all really know the answer here. We just don't want to admit it.
These pages have been replete with regulatory and policy changes that could be implemented - and, likely save a lot of money in doing so. But, some special interest group would have their ox gored and thus - nothing happens.
Meanwhile, in the same way people shop efficiently to optimize their experience in the grocery store, individuals and businesses act to optimize their investment dollars and means of production.
Sadly, the grocery store is immediate in people's minds. The actions of 'others' in terms of finance and job creation - well, that's something entirely different.
Why should it be?
Tuesday, August 2, 2011
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