Author: Scott Shepard

school choice private school

Lawful Workplace Diversity Requires Full School Choice

Big news from the United States Supreme Court this week. No, not that news. Rather, the decision in Carson v. Makin that struck down Blaine Amendments and their progeny as violations of the Free Exercise Clause of the First Amendment of ...
Joe Scarborough MSNBC media bias

Too Few People Want What Joe Scarborough Is Selling

However badly the one-time pillars of the American news industry misunderstand economics, they cannot escape it. The law of supply and demand, like the gods of the copybook headings, will assert itself. This is very bad news for the industry, ...
Larry Fink BlackRock

As Larry Fink Retreats Rhetorically, His Incoherence Grows Louder

Larry Fink, the CEO of BlackRock, appears to know that his attempt to run the American economy, and to inflict his personal preferences on society from company headquarters, are at very least too obvious. And so he has been retreating ...
WEF Larry Fink

It’s Past Time for Corporations to Abandon the World Economic Forum

And so, after two years of lockdowns required them to do their plotting by Zoom, the self-appointed Masters of the Universe have met again in Davos, Switzerland, presumably in a castle shaped like the skull of a vicious animal, to ...
Is the Woke Corporate 'Worm' Finally Turning?

Is the Woke Corporate ‘Worm’ Finally Turning?

More than a few executives appear to be glimpsing the high costs of politicized corporate management. A chief driver of these revelations is surely the rolling market correction that has characterized 2022. At one point last week, the Nasdaq was ...
Equity Businessman Frustrated

Equity Theory As a (Terrible) Strategy for Growth

Many corporate executives have claimed that embracing “equity” theory at their companies (and, in the case of investment-house CEOs, trying to force equity on companies whether they like it or not) is in the objective, demonstrable best interest of shareholders ...
Sneaky businessman Executive Self Dealing

A Legal Test for Evaluating Modern Corporate-Executive Self Dealing

Proponents of stakeholder capitalism and ESG initiatives invariably claim that they are acting for the neutral, objective, bipartisan interests of everyone. Some weeks ago in these pages I considered why this is simply impossible, and attempted to demonstrate that whatever proponents may ...
Working Together to Save Corporate America From Itself

Working Together to Save Corporate America From Itself

President Calvin Coolidge said, “The chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.” We were in 1925 and are a near-century later. Corporate CEOs, though, have increasingly ...
Unionization In the Time of Automation

Unionization In the Time of Automation

Unions have recently won organizational votes at New York City-area branches of Starbucks and Amazon, companies they have been trying to crack into for years. There is good reason to think that workers enticed into voting for unions in the 2020s will ...
JPMorgan

Jamie Dimon, JPMorgan, and the Authoritarian Impulse

It appears that Jamie Dimon, the CEO of JPMorgan Chase, really enjoys telling other people what to do, whether they’ve chosen to interact with him or not. A few days back billionaire Peter Thiel laid into Dimon (along with Larry Fink ...

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