The Power of the Personal and the Temptation of the Planner

In his latest column, David Brooks examines the limits of data and “objective knowledge” in guiding or directing our imaginations when it comes to solving social problems. Using teenage pregnancy as an example, he notes that although it may be of some use to get a sense on the general drivers of certain phenomena, such information is, in the end, “insufficient for anyone seeking deep understanding”: Unlike minnows, human beings don’t exist just as members of groups. Continue Reading...

Is Godzilla Good for the Economy?

The gorilla-whale is back. And he’s here to stimulate the economy. On Friday, theaters across the country will be debuting the fourth American remake of Godzilla (the name is a romanization of the original Japanese name “Gojira” — which is a combination of two Japanese words: gorira (‘gorilla’) and kujira (‘whale’). Continue Reading...

4 Lessons We Can Learn from a McDonald’s Owner

You’ve probably never heard of Tony Castillo. Even if you live in West Michigan and have eaten at one of his three McDonald’s franchises you probably don’t recognize the name. But an inspiring profile of Castillo by MLive provides a number of lessons about economics and business that everyone should learn from this entrepreneur. Continue Reading...