A large multinational company I once worked for — and such corporations are not unlike small countries — went through a “transformational leadership” program the CEO organized in order to shake it up, and make it more competitive for the long term.
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Many employees grumbled and complained. He had a good answer for them: lead, follow, or get out of the way.
The midterms coming up are also about transformation.
Our Constitution is framed in an ideology of individual leadership, and provides just enough government to establish an environment for leadership to thrive: for each person to transform into independent stature. Like free speech, it isn’t free: opportunity has to be pursued by hard work, and especially, perseverance.
Some Republicans have said “give us another chance.” I think what they meant to say is give yourself another chance — another chance to keep standing up, fighting, and building. Chicago Nobel economist Gary Becker said the household and family are the basis of the economy. Indeed they are, and it isn’t easy, and never was.
In the U.K., the British have a term called “whinging” or to “whinge” and constantly complain. In the U.S., the political left has the same behavior because it is easy, and appeals to weakness. Complainers will look to someone else to solve their problems: which is just what Democrats want. Only you don’t get what you want — you get what they want, and they want to run your life. That makes things all better for whingers.
There are a number of conflicts around the world, and disruptions to supplies have affected costs, and prices. In microeconomics, price is a signal. It gives you information: not only about supply and demand, but about the entire organization of an economy such as production, resource modernization, and the availability of alternatives.
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President Trump once commented that increases in oil prices may be a small price to pay for some necessary corrections in global oil markets that may not be readily apparent. Some disagree with him. But that may be shortsighted from not considering the larger economic order within which goods and services are produced and delivered.
There are many distortions in the world economy, and in global energy markets. The Arab monopoly over Middle East oil will end. Russia will become a much larger global energy provider. Canada and Mexico will be forced into more favorable oil export terms. Arctic oil will come on line. New shipping routes, and transport technology will be established. Oil wealth will be more broadly capitalized and traded through new share offerings. And the U.S. will establish its own sovereign wealth fund that will dwarf other nations.
Democrats want Americans to short sell their own country and hand over their independence and personal sovereignty. Leave that to the socialist Europeans, and the whinging British who we left behind 250 years ago in 1776.
Matthew G. Andersson is a former aerospace CEO and law and policy author. He has testified before the US Senate and is a graduate of the University of Chicago and University of Texas at Austin.
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