Economics
Strengthen your grasp on economic and financial issues
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...
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...
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...
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.
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...
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...
Advice for Entrepreneurs: Negotiating with Investors
This series of articles explain how start-up ventures can negotiate a great deal with Series A investors.