Unfortunately most people are not but it is an unfortunate fact of history Something Else to understand that empires mail just like the stocks or Companies Fail host staggering debt loads of even the changes of the way real live and work many institutions are Political Parties even nations will decline or collapse or simply disappear as has always happened in times of Political Economic turmoil. Guest day happens to be true Lehman Brothers was around when i did 50 years. Bear stearns over 80 years. Disappeared. Gone. Just like that. Universities, its institutions it will be a mess there are too many people running up too much debt in somebody has to pay it in the end. Host is in singapore more highly regulated . Guest no no. With the economy is one of the most open and free economies in the world is now a gets the Bad Reputation you cannot even chew gum he cant you can buy it you cannot spend it on the streets or put it under the of bus seats they dont like that if you ever go it is a
To have highlevel so players but i a marketing professor showing all the time reverse spending on marketing to file is about 1 trillion. That is equal to the gdp of india more than 85 percent of the worlds population. To be frustrated with the marketing field for society and in order to address the question whets find something that does not spend so much. So we found whole foods and a bunch of companies that the employees also love them and suppliers were the real hint they get hundreds of metals per week were with you open the next door we will move to anonymous you have a store. So with the network of love and care. But hence the title of the book there is a tremendous power in that. But yet we choose to stay away but he had a policy not to speak to any book authors at that time. But when the book was almost done my coauthor was sitting in a plane talking to somebody and mentioned the book they said john mackey with the of that because that is his philosophy. But he read it and reac
Gathering of three minds to put on a conference that is a renaissance gathering of freethinkers. My idea has been the Freedom Movement broadly defined. Host politically what does that mean . Guest economic and maximum freedom libertarians we are not anarchist although we do have some here and it is growing. The ada is most libertarians are like hertz of cats face seldom get together to conspire. [laughter] so my idea is they dont do any live streaming. You can buy the tapes after words but 2200 people and plan of a wide. Organize libertarianism . Is working. I am in economist growing up in Portland Oregon that is the intellectual town in the Worlds Largest bookstore for i have been the intellectual type so the renaissance man is correct. And then to have a ph. D. Of economics my family lives in death star. That is what we call it but we a got tired of the rat race we lived in the bahamas life in living color recede enough in taxes to buy a flat in london then removed back to orlando no
Ivory tower type economists. Host theres a picture in your boat here but is this . Guest this is a picture of my wife and i do in a waltz on a cruise ship and i thought i will dedicate this to my waltzing partner through life, my wife, joann scouts. Host the book that has been dedicated is a viennese waltz down wall street. Mark skousen is the founder of freedom fest and the author of this and many other books. This is booktv on cspan 2. Host the United States of paranoia is the name of the book. Heres the cover. The author is someone of recent. Mr. Walker, are americans prepared by people . Guest there has been paranoia at the heart of america for as long as there has been i cant speak to the recorded history. I assume there was paranoia that insert recent colonial days. Political paranoiac, cultural paranoia. I dont want that were more paranoid than any other country. The book is about america, so for all i know the french are paranoid people, but we are certainly scared. Postcode ju
For shareholders and that is something the economist created, a definition of. This is a thinking business and a realistic and mature way that great business is really built on a maximum for a higher purpose. Something theyre trying to do in the world that is worth doing. They are trying to create value of a certain way, which is meaningful to people. Not only customers, but society at large. If you think about Value Creation not just in terms of shareholders in treating them as an end and everybody else as a means, but think about all the stakeholders as atoms themselves. So the focus on creating value for their lives in the name of purpose in creating buyer for customers and improving quality of their lives, not just tried to sell them. [inaudible] they are trying to create value for all stakeholders in a way not to acquire tradeoff. You cannot case simultaneously enhance if you think about it creatively. You think about it in a traditional way, you end up with a lot of tradeoff. The