Bill Gates is a brilliant man. His combination of tech and business savvy not only made him one of the world’s richest people (currently, with a net worth of about $90 billion, #2 behind Jeff Bezos’s $112 billion) but also gave him the opportunity to be one of the world’s biggest philanthropists, chairing, with wife Melinda, the world’s largest private charitable foundation. But brilliance in technology and brilliance in business don’t necessarily guarantee brilliance in other fields. I … [Read more...]
Economic Freedom and Care for the Environment: Mutually Exclusive or Mutually Beneficial?
In the late 1970s, our energy outlook was not looking good. Over six years, gas prices had tripled and there were shortages and long lines at the pump. It appeared that we were at the mercy of OPEC (Organization of the Petroleum Exporting Countries). Experts predicted that we would be out of oil soon, perhaps as early as 1990. Man-Made Crises or Man-Fabricated Crises? The gasoline shortage was just part of the story of gloom and doom we heard on a regular basis. Stanford University professor … [Read more...]