Among the various barriers to entry or growth of a company, but not often considered at the outset, is how a new business’ competition will react to it. Today’s buzzword is “disrupt,” but despite a lot of advice regarding how to disrupt a market is available, not enough is said about how to respond to…
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Proper functioning of an economy over the long haul requires certainty; that is to say, it requires trust in a system, whatever that system may be. A desire for certainty does not justify the proposition that a government ought to seek stability as the highest goal or means to protect its economy; rather the governmental…
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The Dollar is strengthening against many currencies, yielding a great opportunity to build capacity in the developing world. Thanks to China’s move to devalue its currency, many countries dependent upon exports to China and Chinese funding are watching their currency value slip as well. More importantly, the lack of a solid market based value for…
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