The CEE Web Log

Dr. Gregory Sadler to speak at Rockford University

Dr. Gregory Sadler, President and co-Founder of ReasonIO, will give three talks at Rockford University on Monday, October 31.

The Center for Ethics and Entrepreneurship is sponsoring the talks. Everyone is welcome to attend!

Click on the image below to see the details.sadler-flyer


Stephen Hicks talk at Universidad Adolfo Ibáñez, Chile

Here’s a report (in Spanish) on Professor Hicks’s lecture at Universidad Adolfo Ibáñez in Santiago, Chile, to a group of engineering students and faculty at the invitation of Professor Ruth Murrugarra.

He did a short follow-up interview (in English) with Andrea Millar Bruna, posted here:

AMB: Which are the essential skills for success nowadays?

SH: Most important is an entrepreneurial mindset — that is, being committed to actively seeking interesting challenges and working creatively to meet them. That mindset enables one both to enjoy one’s work and to become good at it.

AMB: What is your vision about Chile related to entrepreneur and ethics.

SH: Chile’s remoteness from major economic sectors and its sometimes dependence upon a few commodities — can be positives but also present challenges for integrating into the world economy. Entrepreneurship is all about meeting challenges. So Chile might think about adapting, say, the Finnish model of education investing in human capital and the high-tech sector, as both Chile and Finland are geographically distant countries with smallish populations and a narrower range of natural resources.

AMB: In your opinion, why are ethics and entrepreneurship so important?

SH: The only way to personal success in one’s business is by having integrity – being committed to doing quality work and following through. People who cheat or engage in hypocrisy may gain in the short-term but they rob themselves of the satisfaction of living with pride. Their “successes” are hollow. Ethics is also especially important for entrepreneurs, not only in their personal quests, but also since as founders they are most influential in establishing the culture of their firms.


O que podemos aprender do empreendedorismo [PDF]

Stephen Hicks’s article “What Entrepreneurship Can Teach Us About Life” was published in English by The Wall Street Journal. The article has since been translated into Portuguese and can be found at

A PDF of the article is available here as well.

Video — Progress and Betrayal: The Responsibilities of Latin American Intellectuals

Stephen Hicks gave a talk in Brazil earlier this year on “Progress and Betrayal: The Responsibilities of Latin American Intellectuals.” See the hour-long lecture below:

CEE Review: The inspiring story of Colonel Sanders | Is entrepreneurship in your DNA?, and more

News and Opinion

col-sandersThe Inspiring Story of Harland Sanders, founder of KFC. YouTube.

Finding an angel investor: Can you cold call?

Sarah Skwire on Dorothy Whipple’s High Wages. Foundation for Economic Education.

How entrepreneurial ideas begin. The Wall Street Journal.

How to Create a Silicon Valley in Poland.

Close-up-of-computer-chip-Stock-PhotoArpita Ganesh on what kept her motivated during her Buttercups entrepreneurial journey. Inc42.

Not for Lack of Trying: American Entrepreneurship in Black and White.

Is Entrepreneurship in Your DNA? Forbes.

Does Widespread Dynamic Pricing Erase the Vestiges of Just-Price Thinking? Business Ethics Highlights.


Tough words from Taran Rampersad on diversity training:
Vital-launch“Diversity is messy. It cannot be taught by training. Diversity requires empathy, not sympathy, and it requires people to have a world view beyond their own identity. As a TCK multicultural, I don’t understand why this is such a big issue from my own experience, but it is a big issue for people.
“And at the end of all of this – you don’t have to like people that you work with and you don’t have to be liked. You don’t have to have dinner with coworkers, you don’t have to sleep with them (HR might have something to say about that). What you have to do is respect people based on merits, and I’m boggled myself by the fact – and it is a fact – that even people who speak highly of meritocracy themselves are poor at practicing it.
“In the end, there’s only one way to allow for diversity – that’s what it is, it’s an allowance – and that is to build on commonalities. If it didn’t happen during the formative years, it’s unlikely that it will happen afterwards – no matter how much money you spend on the problem.”

See you next time with our digest of new and interesting items in entrepreneurship, ethics, and political economy. Here are the previous editions of CEE Review.

CEE Review: What entrepreneurs can learn from Theranos’s fall from grace | Raising entrepreneurial kids, and more

News and Opinion

“Theranos’s current situation reveals what happens when honesty and transparency are not a part of a company’s DNA. Theranos’s story is of a press darling gone wrong.” Entrepreneur.

Mary Mazzio on the secret to raising entrepreneurial kids. Forbes. Also, see our interview with Mary at our site.

Creativity in Children. Facebook.

The future of university-based entrepreneurship education? The Atlantic.

Major decline in share of the population living in extreme poverty. New York University’s Development Research Institute.

The Dirtiest Man On TV Dispels 5 Damaging Myths About Blue Collar Labor. Forbes.

dirty-jobs-bios-dirty-jobs-bio-heroPolitics as a Peculiar Business: Official Book Trailer. Mercatus Center.

Entrepreneurship and surrogate motherhood.

Megan McArdle on regular entrepreneurship and occupational licensing’s barriers. Bloomberg.

For instructors and students, a good set of Business Ethics essay questions. Business Ethics Highlights.

 “I hate that word—‘lucky.’ It cheapens a lot of hard work. Living in Brooklyn in an apartment without any heat and paying for dinner at the bodega with dimes—I don’t think I felt myself lucky back then. Doing plays for 50 bucks and trying to be true to myself as an artist and turning down commercials where they wanted a Vital-Anna-school-dropoutleprechaun. Saying I was lucky negates the hard work I put in and spits on that guy who’s freezing his ass off back in Brooklyn. So I won’t say I’m lucky. I’m fortunate enough to find or attract very talented people. For some reason I found them, and they found me.” — Actor Peter Dinklage

See you next time with our digest of new and interesting items in entrepreneurship, ethics, and political economy. Here are the previous editions of CEE Review.


Entrepreneurship in Latin America: 7 interviews

Here are seven interviews with Latin American entrepreneurs we’ve published in Kaizen, covering the business areas of construction, agriculture, logistics, education, aluminum, and oil and gas.

* Entrepreneurship in Latin America: Guillermo Yeatts.

* Entrepreneurship and Montessori Education: Berni

* Entrepreneurship and Infrastructure in Brazil: Interview with Brasília Guaíba president André Loiferman.

* Entrepreneurial Agriculture: Interview with Argentina’s Enrique Duhau.

* Entrepreneurial Logistics in Panama: Interview with Surse Pierpoint.

* Entrepreneurship in Argentina: Interview with Junior Achievement Argentina founder Eduardo Marty.

* Entrepreneurship in Brazil: Interview with Petropar S.A. board members William and Wilson Ling.

More Kaizen interviews in entrepreneurship here.

CEE Review: Youth entrepreneurship as an anti-terrorism weapon | The rise of the Latin American entrepreneur, and more

News and Opinion

young-entrepreneurSteve Mariotti: Youth entrepreneurship as an anti-terrorism weapon. Also, see our interview with Steve here.

The most important question for entrepreneurs: What pain do you want in your life? 

Combining entrepreneurship and family life? What to talk about first.

When the payoff for academics drops, commercialization suffers. Science.

University-based research and market applications: What if the research is shoddily done? MIT Technology Review.

Innovation: Autonomous robot surgeon outperforms human surgeon. Vocativ.

robot surgeonThe Moral High Ground of Free Trade. Stephen Hicks at The Savvy Street.

Estonia’s entrepreneurial post-communism. MarketWatch.

The rise of the Latin American Entrepreneur. TNW.

Business ethics versus child marriages. The Logical Indian.


Vital-AnnaHistory-of-opportunityThe Philosophy, Politics, and Economics Society is calling for proposals for panels and speakers and paper submissions for their first stand-alone society meeting that will be held March 17-19, 2017 in New Orleans. More information can be found at their website.

Idea: “Genius is one percent inspiration, ninety-nine percent perspiration.” – Thomas Edison

See you next time with our digest of new and interesting items in entrepreneurship, ethics, and political economy. Here are the previous editions of CEE Review.

Martín Krause’s Index of Institutional Quality

Martin_KrauseMartín Krause is Professor of Economics and the University of Buenos Aires and a specialist in law and economics and institutional economics.

With Professor Krause’s permission, here is the 2015 edition of
“INSTITUTIONAL QUALITY 2015” [pdf], which ranks 193 countries in three categories: Institutional Quality, Political Institutions, Market Institutions.

For those interested in the nations of North and South Krause-image America, those continents’ nations are also separated for focused analysis and comparison. (See also Stephen Hicks’s related article, “Comparing North and Latin American Economic Performance” in English, Spanish, or Portuguese.)

Related indices are Index of Economic Freedom, Economic Freedom of the World, and

Stephen Hicks’s article published at The Savvy Street

The_Savvy_StreetStephen Hicks’s article “The Moral High Ground of Free Trade” has been published at The Savvy Street. Read the article here at their site.