Archive for September, 2012

John Allison’s New Book on the Financial Crisis

Thursday, September 27th, 2012

Kaizen interviewee and former BB&T bank CEO and Chairman John Allison has written a new book, The Financial Crisis and the Free Market Cure: Why Pure Capitalism is the World Economy’s Only Hope. Released today, the book offers “shrewd insight, alarming insider details, and practical advice for today’s leaders… You’ll learn how government incentives helped blow up the real estate bubble to unsustainable proportions, how financial tools such as derivatives have been wrongly blamed for the crash, and how Congress fails to understand it should not try to control the market—and then completely mismanages it when it tries. In the end, you’ll understand why it’s so important to put “free” back in free market.”

Learn more about the book at Amazon.

Watch John Allison’s video series on the financial crisis, which covers many of the themes expanded upon in his book:

Which New Educational Technologies Are Worth Betting On?

Monday, September 24th, 2012

Arnold King explores the positive and negative aspects of cutting-edge educational technologies — what types are overhyped and what types are likely to be effective? Why does he label massive open online courses “losers” and tablets “winners”?

Read the article here to find out.

Jeff Sandefer: Universities Should Give the Customers What They Want

Friday, September 21st, 2012

Kaizen interviewee Jeff Sandefer writes a controversial piece for The New York Times on why universities should view students as customers. Mr. Sandefer concludes: “Big changes are coming to higher education, sooner than most people think, and it will include intense competition on both quality and price. Those with business and educational models that don’t listen to their customers are unlikely to survive the tempest — and frankly, they shouldn’t.”

Read the article here.

Read our interview with Jeff Sandefer here [PDF].

Why the Wealthy Should Fund Innovation

Monday, September 17th, 2012

Former Microsoft Chief Technology Officer Nathan Myhrvold believes that successful businesspeople should get involved with innovative startups. These wealthy individuals no longer have the pressure to provide for their families, so they can afford to take on riskier ventures. Moreover, says, Mr. Myhrvold, “We have the experience and resources to look for game-changing ideas—and the confidence to act when we think we’ve found one.”

Read the article here.

Junior Achievement Under Attack by the Argentine Government

Thursday, September 13th, 2012

Kazien interviewee and Junior Achievement Argentina (JAA) founder Eduardo Mary (left) alerted us to this story from La Nacion. The Argentine government is attempting to shut down JAA because it teaches young Argentinians the basics of business creation and entrepreneurship, and consequently promotes free market capitalism and individual liberty.

Read the article (in Spanish) here.

Read our interview with Eduardo Marty here.

Our Curiosity: From Rockford to Mars

Thursday, September 13th, 2012

The video below tells the inspirational tale of how a local small business, Forest City Gear, produced over 75 gears for NASA’s Mars rover, Curiosity. Eagle-eyed viewers will spot a Rockford College sticker.

Watch more of local filmmaker Pablo Korona’s excellent series, Our City, Our Story, here.

Global Entrepreneurship Week 2012

Monday, September 10th, 2012

This year’s Global Entrepreneurship Week, “the world’s largest celebration of the innovators and job creators,” is being held November 12 through November 18. There are more than 30,000 events planned worldwide including Startup Weekend, the Global Student Entrepreneur Awards, and the Creativity World Forum.

Check out the events scheduled for your part of the world here.

Watch a video about last year’s Global Entrepreneurship Week below:

Collegiate Entrepreneurs’ Organization National Conference in Chicago

Thursday, September 6th, 2012

From the CEO website:

“The 2012 National Collegiate Entrepreneurs’ Organization (CEO) Conference will be held November 1-3 at the Hyatt Regency McCormick Place in Chicago, Illinois.

Join over 1,200 students, faculty, entrepreneurs, and other entrepreneurial-minded individuals at this motivational 2 ½ day CEO Conference. Over 70 outstanding entrepreneurs and business leaders will share their ideas and expertise with students on how they launched their businesses, the lessons they’ve learned, and where they are today. The Annual CEO Conference also offers students the opportunity to network with peers and successful entrepreneurs nationwide.”

Read more about the conference and register here.

Watch the video below from last year’s CEO conference. Featured in the video is Duane Spires, who was on a discussion panel with Dr. Stephen Hicks at the 2011 Extreme Entrepreneurship Tour at Rock Valley College.

September 2012 Issue of Kaizen

Tuesday, September 4th, 2012

In our latest issue of Kaizen we feature an interview with Jeff Sandefer, a founder of the Acton School of Business, an innovative MBA program in Austin, Texas focusing on entrepreneurship.

Also featured in Kaizen are: student essay contest winners Megan Hopwood and Carly Stokstad; and guest speaker Dr. Tara Smith, professor of philosophy at the University of Texas, Austin, and author of “Money Can Buy Happiness.”

A PDF version of Kaizen is available here. We will soon post separately the full interview with Mr. Sandefer.

If you would like to receive a complimentary issue of the print version of Kaizen, please email your name and postal address to CEE [at]

Enron: Free Market Capitalism or Political Capitalism?

Tuesday, September 4th, 2012

Kaizen interviewee Robert Bradley, Jr. worked at Enron for 16 years. As director of public policy analysis for his last seven years there, he wrote speeches for the late Ken Lay, Enron’s CEO, who was convicted in 2005 of fraud and conspiracy. In a new article for the Library of Economics and Liberty, Bradley digs deep into the history of Enron to explore whether the company truly was an example of free market capitalism gone wrong or an example of a company using primarily political means to get ahead.

Read the article here.