Recognizing that the land is a gift, Duvall’s characters embrace redemption and service to self, to community, and (even when misguided) to God.

For-profits may have incentives to cut corners in pursuit of profits, but this trait is the flip side of valuable characteristics: the inclination to grow rapidly, readily tap capital and talent, maximize cost effectiveness, and accommodate customer needs. Alongside nonprofit and public providers, for-profits have a crucial role to play in meeting America’s 21st century educational challenges.

I think that Holbrooke's opinion of himself was justified and that it is ludicrous for ambitious Washington insiders to castigate others for a trait they share.

Reid Hoffman’s talk this week at Stanford (podcast and video available here) touched on several themes that collectively seem to comprise the Silicon Valley innovator ethos; most are relevant to healthcare and biopharma, and I agree with all his assertions except one.

(Hoffman, for...

If one wishes to capture the fundamental aspect of the cultural friendship between the two economists Luigi Einaudi (1874-1961) and Wilhelm Röpke (1899-1966), it’s important to refer to what Einaudi wrote about the German economic miracle and the Röpkianan doctrine of the social market economy.Einaudi wrote that the...

Fed officials have reason to seek to make monetary policy more accommodative.

Although "The Donald" has plenty of baggage, he is leading in polls. The GOP can have its fun. But remember the next election is a very serious thing, and with a Trump candidacy, the joke will be on us.

The forlorn and increasingly desperate climate campaign achieved a new level of ineptitude last week when what had looked like a minor embarrassment for one of its critics​—​the Chicago-based Heartland Institute​—​turned out to be a full-fledged catastrophe for itself. A moment’s reflection on the root of this episode points to why the climate campaign is out of (greenhouse) gas.