Governance Structure in the Private Sector & Worker Rights

Interesting Episode of EconTalk where Elizabeth Anderson makes the case that employment shares striking similarity with dictatorship.  This perspective may help explain why representative governments (where workers do have a voice) introduce regulations that business leadership otherwise would not have an incentive to implement.

If you want to increase your success rate, double your failure rate. – Thomas J. Watson

People need to shop like passionate Italian chefs. They need to care a lot about flavor, spend a lot of time on food — finding cucumbers that taste like cucumbers, tomatoes that taste like tomato — and the food is more satisfying. It’s also a lot easier to cook.  Mark Schatzker