Christian Baaki

Thomas Jefferson, in his first inaugural address, articulated one of the clearest assertions about “good government” consistent with the spirit of the Declaration.

“…a wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall n

“Innovation can be defined as the task of endowing human and material resources with new and greater wealth-producing capacity. Managers must convert society’s needs into opportunities for profitable business. That, too, is a definition of innovation.”

What's the right approach to new products? Pick three key attributes or features, get those things very, very right, and then forget about everything else.

So long as man remains free he strives for nothing so incessantly and so painfully as to find some one to worship.

Far from being a proof of the failures of unregulated capitalism, the 1929 Depression illustrates rather the dangers of government interference with the economy. The economic collapse came as a necessary correction to the artificial boom induced by the Federal Reserve System’s monetary expansion during the 1920s.

The real challenge facing Social Security is of paying off unfunded liabilities that occurred in the past - that most beneficiaries from 1940 to the present received more in benefits than they paid in taxes, and so the reverse has to happen going forward. That’s just the math.

3. From the age of three to his mid-twenties he learned every aspect of his trade.

I thought to myself, how many company CEOs are focused on culture above all else? Is it the metric they measure closest? Is it what they spend most of their hours on each week?

The thing that will endure for 100 years, the way it has for most 100 year companies, is the culture. The culture is what creates the foundation for all future innovation. If