Hating those who are successful and blaming them for the lack of success of others, has become a disturbing trend, especially among young people. I think part of the problem is the fact that many have subscribed to the false notion that if you work hard you will succeed. This is a lie that has been repeated so much that most don’t even question it. Continue reading
When prices go up as a result of inflation or an increase in demand, there is a tendency for economic ignorants to call for what they see as the most common sense solution: use government to prevent companies from charging over a certain amount for a product. It’s typical for those who lack an understanding of an issue to choose a solution that deals only with the symptoms and not the cause. Continue reading
David Choe, seven years ago, accepted stock instead of money for painting murals on the walls of the very first Facebook office. Facebook is planning to go public this spring to raise about $5 billion. Choe’s shares are estimated to be worth about $200 million!
I can hear the haters now. “It’s not fair. There are so many people who have no money, and this guy gets $200 million for painting some walls.” Continue reading