As companies become bigger, the global environment more competitive, and the rate of disruptive technological innovation ever faster, the value to shareholders of attracting the best possible CEO increases correspondingly.
I really believe in hoping for the best and preparing for the worst.
One consequence of Russia's klepto-capitalist model is the growing appeal of government jobs, with their lucrative opportunities for payoffs.
Corporations are not employment agencies, and judging them by that metric is a mistake.
If you've developed an ideology that what's good for you personally also happens to be good for everyone else, that's quite wonderful because there's no moral tension.
All of us can agree that we want government to work as well as possible, and we should all applaud efforts to improve it. But there is no escaping the divisive and essential questions: What is the purpose of the state, and whom does it serve?
A general charge of crony capitalism is easy to make. But dividing the 'bad' crony capitalists from the 'good' innovative entrepreneurs is much harder to do. And sorting them out without creating a new group of crony capitalists may be the hardest thing of all.
One thing America gets right is being open to innovation. Canada and Scandinavia have to do better on that.
Income inequality is one thing, but a permanent division into the haves and have-nots is an entirely different thing - and much less acceptable.
Fancy GPS systems and space-age tractors are what most excite the farmers I know and astound their city friends.
The high-tech, globalized capitalism of the 21st century is very different from the postwar version of capitalism that performed so magnificently for the middle classes of the Western world.
Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered.
The triumph of economic liberalization has coincided with a sharp increase in income inequality.
The challenge of weaning ourselves off fossil fuel even as it becomes more abundant will make the old fights about energy conservation seem like child's play.
Changes which are slow and gradual can be hard to notice even if their ultimate impact is quite dramatic.
We are all living in a world shaped by Reagan and his ideology of small 'l' liberalism.
What is interesting is that, although it is framed as a war between the elites and Main Street, the Tea Party is actually really good for the elites.
