Posts
Showing posts with the label entrepreneurship
One is an Inventor/Entrepreneur and the Other is a Bureaucracy
- Get link
- X
- Other Apps
By
Mike Smith
-
Wichita: We Don't Need a Business License
- Get link
- X
- Other Apps
By
Mike Smith
-
Licensed from iStock Wichita's mayor, Brandon Whipple, is proposing that Wichita city council enact a law requiring a business license. Wichita, the home of companies like Pizza Hut, Learjet, Coleman, Cessna, White Castle, Koch Industries, Freddys Frozen Custard, and many other national brands, has never had a requirement to have a business license. While I believe Mayor Whipple is well-intended, a business license is a terrible idea and I would like to explain why. His reasons in favor of a mandatory business license: It is "only" $20; as he puts it, "the cost of two Big Mac meals." The city needs a database of all businesses. The money would fund a loan program for small businesses. I have both philosophical and practical reasons to be against it. Let's begin with the above. We all know it will be $100, or more, in a few years. It is easy to raise taxes on the backs of businesspeople because there are relatively few of us. Why not begin by...
More And More, Eisenhower's "Second Warning" Is Coming True
- Get link
- X
- Other Apps
By
Mike Smith
-
Ike and Mamie Eisenhower at the White House Via Eisenhower Library, Abilene, Kansas In his farewell address , President Eisenhower gave our nation two warnings. Although we usually only hear about one of them, both have proven prescient: The caution about the "military-industrial complex" becomes more dire all of the time. We are far overextended in the Middle East. From what I can tell, many in the military like it that way (people in combat tend to get promoted more than during times of peace) and the weapons suppliers grow their already-large businesses (even though some of those weapons are extraordinarily expensive and are of dubious value). The media periodically mentions this warning from Eisenhower, so at least the citizenry is aware. The far less well known warning is the one about what I call " Big Science ." We almost never hear of it. As a technology publication put it last yea r : President Eisenhower surrounded himself with brilliant...
Sunday Fun: It Is Never Too Early To Be an Entrepreneur
- Get link
- X
- Other Apps
By
Mike Smith
-