Category: From the Founder

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The 2016 US Election in Perspective

The 2016 US Election in Perspective

The 8 November Election for the US Congress and President came at an interesting point in history. The economy of western countries, led by the US in the 20th century,…
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Urban myths versus the right information

Urban myths versus the right information

American corporates on the NYSE have been the world’s most profitable, on a weighted-average basis, in the post-Industrial Age over the past half century. The average American company’s profitability has…
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A Business Knowledge Quiz

A Business Knowledge Quiz

In a world being flooded with information, it is not easy to know – let alone remember – most information about the environment in which our nation’s 2.1 million businesses…
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Our New Federal Government

Our New Federal Government

Running a country these days is not for the faint-hearted. While the problems may vary, the degree of difficulty is high nearly everywhere across the world’s 230 nations. If the…
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Australia’s Growth Industries

Australia’s Growth Industries

We are told that Australia is the fastest growing economy in the developed world. True, but at 2.7% in the year to March 2016 and the same growth per annum…
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Businesses in Australia

Businesses in Australia

This year should end with Australia having 2.1 million active trading businesses, generating a GDP of almost $1.7 trillion, revenue of $5.0 trillion and employing 12.1 million persons. The exhibit…
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Report Card on Company Profitability in 2015

Report Card on Company Profitability in 2015

When looking at the profitability of the nation’s largest companies, as IBISWorld does each year, the picture can be worrying. In its latest analysis of the 1,467 large companies that…
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The Importance of Industry Life Cycles

The Importance of Industry Life Cycles

Industries run in long cycles, whether they are measured at the aggregate level (industry division) or the enterprise level (industry class). Surprisingly, the length of these cycles remains much the…
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Restoring Full Employment

Restoring Full Employment

Unemployment can be soul destroying, especially for those responsible for a complete household’s welfare. In the 20th century, governments finally took responsibility for those without a job. The dole was…
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National Leadership

National Leadership

Fifteen years into the new century, it is hard to find good leadership in many of the world’s 230 nations. It’s just as scarce among the 34 largely developed economies…
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