Diseconomies of Scale

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We know about economies of scale from Adam Smith and the famous pin factory.  As you make more of something the per unit cost goes down. But when an organization get past the optimum size dis-economi... Read More

Tina Thomsen

A few years ago my friend from a long time ago Tina T. moved with her husband Alan G. to Spain.  They bought a house near Granada and are now renting rooms and a small apartment to travelers.  You c... Read More

Costa Rican Entrepreneurs

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In the 1990’s I heard an economist say that “in the future countries will compete based on how well they treat people, ideas and capital.” He made the point that the USA was one of t... Read More

Bong Bar

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This November California is going to vote on legalizing marijuana.  If it passes there will be a gold rush.  A Maui Gold Rush.  My idea is to act on the assumption that the proposition will pass. ... Read More

A Distribution Opportunity

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In Boulder Colorado last summer we ate at a very good restaurant on a night that they had a price fixe menu with wine pairings.  The wine was being poured by a young man who was a very specialized wi... Read More