Economics

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Strengthen your grasp on economic and financial issues

via Atlantic
April 6th, 2013

Trader Joe's Lesson: How to Pay a Living Wage and Still Make Money in Retail

Unlike many retail giants, QuikTrip, Trader Joe's, and Costco see their employees as an asset to be maximized, not an expense to be minimized. According to a recent article in The Atlantic by Sophie Quinton, "As a result, their stores boast better operational efficiency and customer service...

February 18th, 2013

The Wealth of Nations Depends on the Health of Families

Intact families who are united in worship through their community of belief and send their children to schools that inculcate those values and beliefs, produce the best citizens for the polis and the common good. This article from the Witherspoon Institute explains why our society...

Channel(s): Economics
October 15th, 2012

10 Things You Didn't Know about Africa's Economy

As more Christians consider Business as Mission a viable way to spread the gospel, Susan Lund of McKinsey Global outlines several economic advantages.  If Lund is correct, Christian business leaders have a tremendous opportunity to decrease poverty, increase their bottom line, and further...

October 15th, 2012

A Moral Case for Free Enterprise

Business is a moral enterprise -- something R.G. LeTourneau, American industrialist and LeTourneau University founder, strongly believed. In a video interview, Arthur Brooks of the American Enterprise Institute makes a compelling case for the moral value of free enterprise.

August 7th, 2012

Business Blind Spots

Everyone has blind spots — and in business they can really leave a mark. In this article, James Kerr tells the story of Swiss watchmakers who invented Quartz technology but didn't think anyone would want it. When the Japanese jumped on the innovation, the Swiss lost 50,000 jobs and watched...

via Inc.
September 20th, 2011

Advice for Entrepreneurs: How to Read a Term Sheet

Inc. Magazine warns entrepreneurs not to be so quick to sign on the dotted line when you receive a funding offer from an investor. You could end up diluting your shares and losing control of your board. This article provides help to entrepreneurs in reading and understanding a the...

September 20th, 2011

Advice for Entrepreneurs: Negotiating with Investors

This series of articles explain how start-up ventures can negotiate a great deal with Series A investors.