Taxing the “bad guys” who caused the global financial meltdown may be popular, but would it work?
Tarzan had Jane. Abbott had Costello. Bonnie had Clyde. Warren Buffett has Charlie Munger and his Poor Charlie’s Almanack, filled with economic wisdom.
Remind your government decision-makers what good regulation should look like: First, do no harm. Second, find the real problem.
Avoid risks today, and tomorrow will never arrive. (Can business really do that?)
It’s getting more and more difficult to be irresponsible with business risk. Corporate bigwigs may have to change their ways.