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Articles by Michelle Bernier
Forbes JAPAN 公式サイト（フォーブス ジャパン）
ミシェル・バーニア氏は、Liberty Venturesのチーフ・オブ・スタッフである。リーダーが最高のパフォーマンスを発揮できるシステムの構築に注力している。 ジャック・ドーシー氏がAI導入に伴いBlock社の従業員の40%を削減したとき、反応は即座だった。CEOは搾取的だという証拠だ、経営者は労働者を気にかけていない、資本主義は人々を利用して使い捨てるように設計されたシステムだ、といった批判の声を私は目にした。 その主張は説得力があるように聞こえるが、私はそれは間違っていると考える。そして、もしあなたが企業を率いているか、企業に投資しているか、企業の中で働いているなら、その理由を理解する必要がある。 ビジネスの目的は多くの人が考えるものではない ビジネスが何をすべきかを誰かに尋ねると、多くの人は「雇用を創出すること」と答えるだろう。しかし、私の見解では、それはビジネスが実際に存在する理由ではない。ビジネスは、価値を創造し、人々が望むものを、彼らが支払う意思のある価格で、他の誰よりも効率的に生産するために存在する。雇用はそのプロセスの副産物であり、目標ではない。...
How Leaders Can Approach Layoffs With Dignity
Michelle Bernier, Chief of Staff at Liberty Ventures. She focuses on building systems that help leaders perform at their best. When Jack Dorsey cut 40% of Block's workforce as the company adopts AI, the reaction was immediate. I saw some critics call it proof that CEOs are extractive, that business leaders don't care about workers and that capitalism is a system designed to use people and discard them. That argument sounds compelling, but I believe it's also wrong.
Forbes JAPAN 公式サイト（フォーブス ジャパン）
ミシェル・バーニエ氏は、Liberty Venturesのチーフ・オブ・スタッフ。リーダーが最高のパフォーマンスを発揮できるシステム構築に注力している。 ベネズエラのロースクールを卒業した日、母は卒業式に向かう途中で誘拐された。私はステージを歩くことはなかった。数カ月以内に、私はほとんど何も持たずに国を出て、新しい人生を築き始めた。 そして、もう一度やり直さなければならなかった。私はコロンビアで何年もかけて本物の何かを築いてきた。15カ国にまたがる地域ネットワークを率い、長期にわたって一貫して存在し続けることでしか得られない信頼と信用を獲得していた。コミュニティがあり、目的があり、自分がどこに向かっているのかという明確な感覚があった。そして、自分のコントロールの及ばない形で状況が変化した。私は決断を迫られた。留まって状況が安定することを期待するか、それとも去って二度目のゼロからのスタートを切るか。...
The New Leadership Bottleneck Isn't Productivity—It's Judgment
Michelle Bernier, Chief of Staff at Liberty Ventures. She focuses on building systems that help leaders perform at their best. The day I graduated from law school in Venezuela, my mother was kidnapped on her way to the ceremony. I never walked across that stage. Within months, I had left the country with almost nothing and started building a new life. Then I had to do it again.
La neurotecnología en la valoración de la prueba testimonial en Venezuela
Ayuda Buscar en la ayuda Buscar en la ayuda La neurotecnología en la valoración de la prueba testimonial en Venezuela [1] Universidad Rafael Urdaneta (Venezuela) Localización: Latin American Law Review: Lat. Am. Law Rev., ISSN-e 2619-4880, Nº. 9, 2022, págs.
Milestones are back up! You can submit and view engagements, wedding, anniversaries and birth announcements at Prairie Mountain Media's Milestones form. Obituaries can also be found at DailyCamera.com at dailycamera.com/obituaries.
Bidenomics and Illusions of Numerical Democracy
Categories: Political Economy Politics and Economics Public Choice Theory An apparently banal story in yesterday’s Wall Street Journal reveals much about current democracy. The reader familiar with the economic analysis of politics (public choice) may read the story as follows: Joe Biden and his supporters are trying hard to prove to voters that “Bidenomics” has done much for them by spending their or their children’s money, and by pushing Colbertiste industrial policy.
Singa-Dubai - Econlib
The Economist has an interesting article discussing the increasingly close connection between India and the United Arab Emirates. I couldn’t help noticing a number of parallels between India/UAE and China/Singapore: 1. India and China both have 1.425 billion people. 2. India and China both have a lot of bureaucratic inefficiencies. 3. India and China both have a lot of talented entrepreneurs. If only there were a well-run place where Indians and Chinese freely create wealth. It turns out that there is.
What does Colombia need more: Rappi or Labor Reform?
In recent years, Rappi, a Colombian e-commerce platform, has gained immense popularity and a valuation of over $5 billion.
Reputation bubbles, crime, and the EMH
Any resemblance between the following parable and current events is purely intentional. Imagine an ambitious young man who wishes to become very rich, very quickly. He has sophisticated skills in manipulating data and works for a large financial firm. What is the quickest way to accumulate $6 billion dollars? Obviously, there is no easy way to get rich. But if you are willing to risk going to jail, then you can considerably shorten the odds. So here’s my plan (Kids, please don’t try this at home): 1.
Technology and Arbitration: New Trends in Law
In the last two decades, information and communication technologies (ICT) have progressed immensely, which has meant a significant increase in the level of innovation in products and services provided in many industries, including the legal sector.
Economic Education and AI
Like many other people, I have enjoyed giving prompts to ChatGPT, an AI chatbot created by OpenAI. ChatGPT will respond to a wide range of prompts, often in amusing ways, yet often in ways that are surprisingly impressive. I have seen many of my fellow academics express concern that students will use this type of AI to cheat. I can understand their concern. The AI wrote some material that I could imagine grading favorably. For example, at one point I asked the AI to write a Christopher J.
From Silicon Valley to Colombia
In 2021, venture capital investment will reach a record US$15.7 billion in Latin America, more than the amount attracted by startups in the region over the past ten years, according to the Latin American Private Equity Investment Association (LAVCA). In the local environment, Colombia today has 1,100 startups and its entrepreneurial ecosystem is one of the four most competitive in the region, together with Brazil, Mexico, and Argentina.
Cartoonish Putinist Economics
A streetwise analyst does not expect the typical politician to profess a consistent economic theory. The summits reached by Vladimir Putin in this area would be a matter of analytical wonder if they did not also remind us of the lower peaks where our own political rulers stand—as well as of the poor level of general economic literacy.
Johnathan Bi on Mimesis and René Girard
When the 20-year-old overachiever Johnathan Bi's first startup crashed and burned, he headed to a Zen retreat in the Catskills to "debug himself." He discovered René Girard and his mimetic theory--the idea that imitation is a key and often unconscious driver of human behavior. Listen as entrepreneur and philosopher Bi shares with EconTalk host Russ Roberts what he learned from Girard and Girard's insights into how we meet our primal need for money, fame, and power.
Natural Gas and American Left-Populism
The possible shortages—not metaphorical, but literal shortages—of natural gas and electricity this winter in New England are the product of our own politicos, their protectionism, price controls, dirigisme, and populism. I already mentioned the issue in a September EconLog post. A Financial Times story just provided an update; the lead paragraph says (Derek Brower and Myles McCormick, “,” Financial Times, November 17, 2022): In brief, the problem is the following.
Justice for Sherry Chen
In recent years, the US government has focused its attention on Chinese espionage. Here is one example: In 2018, the US government announced the China Initiative, aimed against Chinese spying in the US. The program was a product of the deep suspicion regarding the loyalty of ethnic Chinese people residing in the US. Here’s Politico: (I wonder if that includes my wife?) The FBI program targeted ethnic Chinese residents, gradually drifting away from its original goal of national security.
How Colombia's new Tax Reform will affect Free Trade Zones
For decades, Colombian Free Trade Zones (FTZs) helped attract investment and grow the economy – but all of that is about to change. On August 8 2022, the Colombian government passed legislation that will strip FTZs of most of their tax incentives. Colombia’s free trade zones are a development tool designed to spur job creation and new capital investment. They do this by offering tax and regulatory incentives, making it easier for businesses to operate in Colombia.
Walter Block's Principle of Opposition
This is from Walter Block, “Student Loan Forgiveness: The Libertarian Response?,” EconLog, September 14, 2022. Notice the large implication of Walter’s statement: By his principle, he should oppose everything the government does. Think what that would mean for some past government actions: 2017 tax cut: OPPOSE. 1981 ending of price controls on oil and gasoline: OPPOSE. 1978-1980 deregulation of airlines: OPPOSE. And the big one: 1973 ending of the military draft: OPPOSE. Need I say more?
Peace as Profitable Business
World wars, as we have known them, have come to an end. The ideological divide that polarized humanity and gave the order to the world’s wars is behind us. And yet, the number of entrepreneurs and companies selling weapons or military expertise has increased. But is war a more lucrative business than peace? Barbera (1973) argued that war and peace do not differ in the objectives pursued but in the means used to achieve them.
The open society and its enemies
I am current reading an excellent book on zoning written by M. Nolan Gray, entitled Arbitrary Lines: How Zoning Broke the American City and How To Fix It. It might sound like a bland topic, but it’s a surprisingly easy and enjoyable read. Most Americans have never given much thought to residential zoning, and have little idea as to what it is all about. Gray punctures many myths about zoning.
Wednesday, Black and White
At 7.40pm on the evening of Wednesday, September 16, 1992, Britain’s Chancellor of the Exchequer, Norman Lamont, gave a televised address announcing the country’s withdrawal from the Exchange Rate Mechanism. Monetary policy announcements rarely get live, prime time coverage, but this came at the end of one of the most remarkable days in British economic history.
Are Chinese nationalists woke?
Obviously not, but it’s worth considering why they are not. In America today, the woke are mostly known for two characteristics: 1. Concern for the disadvantaged. 2. Favoring oppressive (and often bigoted) policies to advance the interests of various groups. One famous woke tactic is to try to shut down innovation with claims of “cultural appropriation”. They might try to cancel a person for producing a work of art merely because the artist belongs to the “wrong” ethnic group.
The Business of Human Rights
Did you know that 51% of the world’s top revenue-generating bodies are private corporations? There is no doubt that companies have the potential to generate investment, employment, and economic growth, and can play an essential role in poverty reduction, promoting respect for the law and democratic processes.
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