The Radford Free Press – All life is problem solving.

Commentary / Burnham, capitalism, corporations, democracy, Drucker, inequality, plutocracy /

A Machine Can Do That

June 8, 2026

Yes. I am struggling. “The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic.” That’s Peter Drucker talking back in the days when it was easy to discuss the future. He was full of what seem trite sayings about what was ahead of us, after all […]

Commentary / democracy, depression, plutocracy /

Partying Like It’s 1929?

June 4, 2026

For fun … Partying like it’s 1929? The drift is palpable. The stench of decline fills the air. Talk of the “end” clutters the media everywhere. The end of what? It’s our fault of course. It is our collective responsibility. Our road to the edge was a deliberate choice not some unforeseen and […]

Economics / bureaucracy, corporations, Ronald Coase, theory of the firm /

In Praise of the Corporation? [Rough thoughts]

June 4, 2026

Back at the end of March I came across the following, written by Jesús Fernández-Villaverde, online [cross-posted by Alex Tabarrok at Marginal Revolution] … “… Those who deny the problems of large bureaucratic organizations, and how deeply irresoluble those problems are, have not seen how not-for-profits work. I have never seen more acrimonious fights than […]