Loren Thompson - Eisenhower's 'Military-Industrial Complex' Shrinks To 1% Of Economy

Loren Thompson - Eisenhower's 'Military-Industrial Complex' Shrinks To 1% Of Economy

The United States did not have a large defense industry for most of its history. Because threats were episodic rather than continuous, the traditional practice was to mobilize the commercial economy for war production when danger arose, and then demobilize when it had passed.

Lloyd Corder - What’s in a (Brand) Name?

Lloyd Corder - What’s in a (Brand) Name?

One unique feature of recent local minimum wage battles is the focus on franchise businesses.

In Seattle, for instance, a minimum wage of $15 took effect in 2015 with multiple phase-in paths that depend on the business size (as measured by number of employees), with smaller businesses being granted more time to adapt to the mandate. Under the Seattle law, an independent, locally-owned franchise business is treated like the larger corporate entity from which the franchise business gets its brand-name and trademark.

Loren Thompson - Education Department's Untimely Shift To Fragmented IT System Is Putting Student Loans At Risk

Loren Thompson - Education Department's Untimely Shift To Fragmented IT System Is Putting Student Loans At Risk

Shakespeare warns us in Julius Caesar that the bad things men do outlive them, whereas "the good is oft interred with their bones."  The same thing seems to be true of presidencies: when an administration makes mistakes, the consequences can live on for decades.

Loren Thompson - Army Aviation Dodges A Bullet In Latest Budget Cliffhanger

Loren Thompson - Army Aviation Dodges A Bullet In Latest Budget Cliffhanger

When the Army and Air Force split to become separate military services after World War Two, the Air Force got almost all of the fixed-wing aircraft, and the Army got almost all of the helicopters. Today, 70 years later, the U.S. Army is the biggest operator of helicopters in the world, and every facet of its approach to conducting land warfare is shaped by the availability of vertical-lift assets.

Loren Thompson - Five Reasons Trump Won't Reverse The U.S. Military's Long Decline

Loren Thompson - Five Reasons Trump Won't Reverse The U.S. Military's Long Decline

Politicians of both parties frequently laud the prowess of America's warfighters. However, the reality is that the U.S. military has been gradually losing its edge over other countries in training and technology for many years.

Loren Thompson - GMD: The Only Program That Can Stop A North Korean Nuclear Warhead From Reaching America

Loren Thompson - GMD: The Only Program That Can Stop A North Korean Nuclear Warhead From Reaching America

Nuclear weapons are the worst military threat that America faces. A single 500-kiloton warhead exploded over a major U.S. city would destroy or heavily damage all buildings to a radius of three miles, and cause widespread fires to a radius of six miles.

Louis Patler - “DISRUPTIVE” INNOVATION: EASIER TO DEFINE THAN “DO”!

Louis Patler - “DISRUPTIVE” INNOVATION: EASIER TO DEFINE THAN “DO”!

In Soren Kaplan’s book, Leapfrogging, he correctly says “Here’s the issue:  Disruptive innovation isn’t how innovation works in the real world when you’re in the process of doing it – only in retrospect by storytellers.” He rightly argues that you don’t set out to be “disruptive,” you set out to make something innovative. The scale and impact of that innovation is determined in the marketplace and only history will determine if the innovation was a game-changer.

Louis Patler - “DISRUPTIVE” INNOVATION: EASIER TO DEFINE THAN “DO”!

Louis Patler - “DISRUPTIVE” INNOVATION: EASIER TO DEFINE THAN “DO”!

“Whether they're battle-tested veterans or fresh-faced newbies, entrepreneurs undergo an intense learning process when establishing and launching a business,” says a recent article in Entrepreneur magazine (Entrepreneur magazine, April 21, 2014).  “Even those who've been through it before typically face a certain amount of uncertainty. That's why it's critical that they learn as much as possible about their specific area of business as well as entrepreneurship as a whole. “