Archive for April, 2002

These are political and social questions that economists tend to avoid for fear of what the dismal science calls value judgments – conclusions that cannot be validated in fact or incontrovertible evidence.

In his autobiography Jack Welch devotes a chapter of his life to golf, and goes on to imply that without golf it is very hard to network in business.

There he meets new mates and when not buying rounds, he’s down the bookies. His life quickly loses its ballast.